4432 Pearl Road

Cleveland, OH 44109

$570,000
Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

4432 & 4438 Pearl Road are offered together as a portfolio — a great opportunity to acquire two fully renovated income properties in one turnkey transaction. 4432 is a stunning 5-bedroom, 2-bathroom single-family home — completely updated with new flooring, cabinets, bathrooms, electrical, plumbing, and HVAC throughout. Tenant pays all utilities. 4438 is a fully renovated 3-unit multifamily (3BD/1BA, 2BD/1BA, 2BD/1BA) with a new furnace (2025), brand new flat roof, and all underground plumbing redone....4432 & 4438 Pearl Road are offered together as a portfolio — a great opportunity to acquire two fully renovated income properties in one turnkey transaction. 4432 is a stunning 5-bedroom, 2-bathroom single-family home — completely updated with new flooring, cabinets, bathrooms, electrical, plumbing, and HVAC throughout. Tenant pays all utilities. 4438 is a fully renovated 3-unit multifamily (3BD/1BA, 2BD/1BA, 2BD/1BA) with a new furnace (2025), brand new flat roof, and all underground plumbing redone. All 4 units are occupied with a professional property management company in place — just sit back and collect. Both properties are LEAD certified. Bonus: the basement at 4438 is framed, plumbed, and permit-ready for 1–2 additional units. Parking parcel between the two properties conveys with the sale. Appliances at 4438 convey; appliances at 4432 belong to the tenant. Strong cash flow from day one at an 8.06% current cap rate, with a clear path to 10.01% at market rents.
  1. Listed by Chassity Miller • EXP Realty, LLC.
    P: (330)-604-2363 C: (330)-604-2363 chassity@octopodallc.com

Property Details for 4432 Pearl Road

Subdivision Name
City View Allotment
Has Waterfront
No
LISTING UPDATED: 04/17/2026 02:08 PM

Property Details for 4432 Pearl Road

StatusActive
MLS #5202283
Days on Market16
Taxes$12,456 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1900
Lot Size0.40 AC / 17,511 SF
CountyCuyahoga County
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Location

Listing Courtesy of EXP Realty, LLC.
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Building Information for 4432 Pearl Road

Stories2Residences-Year Built1900Building Size-Lot Size0.40 AC / 17,511 SF

Payment Calculator

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$3,878 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,840

Property Taxes

$1,038

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4432 Pearl Road

Summary
Location and General Information
  • Directions: On Pearl Road, south of the hospital
  • Latitude: 41.43506
  • Longitude: -81.710662
  • Township: Cleveland
Taxes and HOA
  • Additional Parcels Description: 012-07-028,012-07-027
  • Parcel Number: 012-07-026
  • Tax Annual Amount: $12,456.21
  • Tax Legal Description: 58 CITYVW 0216 ALL, 58 CITY VW 0217 ALL, 58 CITY VW 0218 ALL
  • Tax Year: 2025
School Information
  • Elementary School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809
  • Middle or Junior School District: Cleveland Municipal - 1809
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: On Site
Property
Lot Information
  • Lot Size Acres: 0.402
  • Lot Size Area: 0.402
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Year Built: 1900
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Metal Siding
  • Levels: Two
  • Number of Buildings: 2
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Full
  • Has Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms Integer: 2
  • Total Bedrooms: 6
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Gas
  • Has Heating: Yes
  • Main Level Bathrooms: 0
  • Total Rooms: 9
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 2
Multi Family
Income & Expenses
  • Gross Income: $63,900.00
  • Operating Expense: $17,990.00
Unit Information
Unit 1
  • Actual Rent: $1,315.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: Unit 3-month to month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Three Bedroom
Unit 2
  • Actual Rent: $1,100.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Unit 2
  • Leased: Yes
  • Lease Expires: 10-30-2026 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $995.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Unit #1
  • Leased: Yes
  • Lease Expires: 02-27-2027 07:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 4
  • Actual Rent: $1,495.00
  • Area: 1824.0
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Description: 4432 SFH
  • Leased: Yes
  • Lease Expires: 04-27-2024 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Four Bedroom Or More

Property History for 4432 Pearl Road

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Listed (Active)

MLS Now #5202283

$570,000—
Aug 25, 2021

Sold (Public Record)

Public Record #1471443583

$279,000—
DateEvent & SourcePrice
04/17/2026

Listed (Active)

MLS Now #5202283

$570,000
08/25/2021

Sold (Public Record)

Public Record #1471443583

$279,000

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

Public Records for 4432 Pearl Road

Taxable ValueLand$7,110Additions$25,690Total$32,800
Tax Record2021$3,281 ($273 / month)
Home Facts
Baths1Total Finished SqFt1,830 SqFtAbove Grade Finished SqFt1,830 SqFtUnfinished Basement SqFt908 SqFtStories2Lot Size6,782 SqFtStyleOffice BuildingYear Built1900ZoningLRCountyCUYAHOGAAPN012-07-026

Schools near 4432 Pearl Road

This home is within Cleveland Metropolitan School District.
Rating
School
Type
Grades
Distance
Charles A Mooney School
Public - PK to 8
Facing History High School@Charles Mooney
Public - 9 to 12
James Ford Rhodes High School
Public - 9 to 12
Rhodes College and Career Academy
Public - 8 to 12
Rating
School
Distance
Charles A Mooney School
PublicPK to 8

Facing History High School@Charles Mooney
Public9 to 12

James Ford Rhodes High School
Public9 to 12

Rhodes College and Career Academy
Public8 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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More information about 4432 Pearl Road, Cleveland, OH 44109

4432 Pearl Road is a multi-family home for sale in Cleveland, OH 44109. This property was listed for sale on April 17, 2026 by EXP Realty, LLC., it's currently listed at $570,000. It has been on the market for a total of 16 days and was last sold on August 25, 2021. This listing's school district is Cleveland Metropolitan School District. Nearby schools include Charles A Mooney School, Facing History High School@Charles Mooney and James Ford Rhodes High School. 4432 Pearl Road is a 6-bed, 2-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC.

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