7 beds5,533 sqft$90/sqft
2630 Mayfield Road, Cleveland Heights, OH 44106
Est: $3,475/moGet pre-approved

Description

Add this income-producing quadraplex in the highly desirable Coventry neighborhood to your portfolio. This renovated four-unit property offers four massive apartments, each nearly 1,400 square feet, with spacious, thoughtfully designed layouts featuring beautiful hardwood floors, gorgeous built-ins, updated kitchens, in-unit laundry, vinyl windows, and central heat and air conditioning. Each unit offers an exceptional floor plan with a large living room, sunroom, dining room, spacious bedrooms, and...Add this income-producing quadraplex in the highly desirable Coventry neighborhood to your portfolio. This renovated four-unit property offers four massive apartments, each nearly 1,400 square feet, with spacious, thoughtfully designed layouts featuring beautiful hardwood floors, gorgeous built-ins, updated kitchens, in-unit laundry, vinyl windows, and central heat and air conditioning. Each unit offers an exceptional floor plan with a large living room, sunroom, dining room, spacious bedrooms, and a generously sized kitchen. The property has a massive full basement housing the mechanicals, abundant storage, and individual storage lockers for each tenant. Everything is separately metered, and a five-car garage provides an additional amenity that is highly desirable to renters. The location is difficult to beat, just a short walk from the heart of Coventry and convenient to public transportation, restaurants, shops, and entertainment. Based on current revenue, projected operating expenses—including property taxes, insurance, landlord-paid water and sewer, a repair/maintenance reserve, and light property management—are approximately 35% of gross income, resulting in a strong 8.2% cap rate at the current asking price. The current rents are also below market, creating meaningful upside; bringing rents to market levels could increase the projected cap rate to approximately 9.4% or higher. The property is intentionally priced below its potential market value due to outstanding violations that the buyer will need to assume, including the likely need for a new roof. Quotes and additional information regarding the required work are available upon request. Renovated units, large floor plans, strong current cash flow, significant rental upside, and an exceptional Coventry location make this a rare investment opportunity. Quadraplexes of this size and quality in a location this desirable rarely come to market. Add this income-producing asset to your portfolio before it's gone.
LISTING UPDATED: 08/24/2026 11:35 AM

  1. Listed by David Jackson • Howard Hanna
    P: (216) 548-9207 davidjackson@howardhanna.com

Property Details for 2630 Mayfield Road

Status
MLS #
5237582
Days on Market
4
Taxes
$11,210 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Quadruplex
Year Built
1927
Lot Size
0.16 AC / 7,000 SF
Subdivision Name
Euclid Heights
Has Waterfront
No

Location

Listing Courtesy of Howard Hanna
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Building Information for 2630 Mayfield Road

Stories2Residences-Year Built1927Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$3,475 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,541

Property Taxes

$934

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2630 Mayfield Road

Summary
Location and General Information
  • Directions: Heading north on Coventry, turn left onto Mayfield.
  • Latitude: 41.50919
  • Longitude: -81.585797
  • Township: Cleveland Heights
Taxes and HOA
  • Parcel Number: 685-09-011
  • Tax Annual Amount: $11,210.00
  • Tax Legal Description: 398 EUCHTS 0800 ALL
  • Tax Year: 2025
School Information
  • Elementary School District: Cleveland Hts-Univer - 1810
  • High School District: Cleveland Hts-Univer - 1810
  • Middle or Junior School District: Cleveland Hts-Univer - 1810
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 5.0
  • Garage: Yes
  • Parking Features: Detached, Garage
Property
Lot Information
  • Lot Size Acres: 0.1607
  • Lot Size Area: 0.1607
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 5533.0
  • Above Grade Finished Area Source: Public Records
  • Living Area: 5533.0
  • Living Area Units: Square Feet
  • Year Built: 1927
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Brick
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Basement: Full, Storage Space
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms Integer: 4
  • Total Bedrooms: 7
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Interior Features: Built In Features, Ceiling Fans
  • Laundry Features: In Unit
  • Total Rooms: 23
  • Window Features: Double Pane Windows
Exterior Features
  • Private Pool: No
  • Roof: Flat
  • Stories: 2
Multi Family
Income & Expenses
  • Gross Income: $5,250.00
Unit Information
Unit 1
  • Actual Rent: $1,350.00
  • Area: 1387.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: Unit 4 currently vacant. Previously rented for $1350. Market value $1500-1600
  • Leased: No
  • Occupant Type: Vacant
  • Type: One Bedroom
Unit 2
  • Actual Rent: $1,300.00
  • Area: 1387.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Unit 3 on a month to month lease. Market value $1500-1600
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $1,250.00
  • Area: 1380.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Unit 2 on a month to month lease. Market value $1500-1600.
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 4
  • Actual Rent: $1,350.00
  • Area: 1380.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Unit 1 on a month to month lease. Market value $1500-1600.
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Rental
Rent Information
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas, Internet

Property History for 2630 Mayfield Road

DateEvent & SourcePriceAppreciation
Aug 21, 2026

Listed (Active)

MLS Now #5237582

$499,900
Sep 8, 2006

Sold (Public Record)

Public Record #202334899

$257,000

+3.4% / yr

Apr 7, 2005

Sold

MLS Now #2193253

$245,000
DateEvent & SourcePrice
08/21/2026

Listed (Active)

MLS Now #5237582

$499,900
09/08/2006

Sold (Public Record)

Public Record #202334899

$257,000

+3.4% / yr

04/07/2005

Sold

MLS Now #2193253

$245,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2630 Mayfield Road

Taxable ValueLand$17,150Additions$67,270Total$84,420
Tax Record2025$11,225 ($935 / month)
Home Facts
Baths4Total Finished SqFt5,548 SqFtAbove Grade Finished SqFt5,548 SqFtStories2Lot Size7,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1927Year Renovated1968ZoningMF3CountyCUYAHOGAAPN685-09-011

Schools near 2630 Mayfield Road

This home is within Cleveland Heights-University Heights City.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Roxboro Elementary School
PublicK to 5

Roxboro Middle School
Public6 to 8

Cleveland Heights High School
Public9 to 12

Tiger Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2630 Mayfield Road is a multi-family home for sale in Cleveland Heights, OH 44106. This property was listed for sale on August 21, 2026 by Howard Hanna, it's currently listed at $499,900. It has been on the market for a total of 4 days and was last sold on September 8, 2006. This listing's school district is Cleveland Heights-University Heights City. Nearby schools include Roxboro Elementary School, Roxboro Middle School and Cleveland Heights High School. 2630 Mayfield Road is a 7-bed, 4-bath, 5,533 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna

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