5806 Fleet Avenue, Cleveland, OH, 44105

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$109,900
180 Days On Site

5806 Fleet Avenue
Cleveland, OH 44105

For Sale|Quadruplex|Active
6
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
1905
Built
Subdivision:
C G Barkwill Trustees Sub
County:
Cuyahoga
Call Now: 330-440-3253
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330-440-3253
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Strong investment opportunity with BRRRR potential and high value-add. This mixed-use asset in the heart of the Fleet Avenue corridor features (4) total units, including a 3-bedroom, 2-bedroom, 1-bedroom, and an office/commercial space, providing diverse income streams and broad tenant appeal. With strong visibility along a well-traveled retail strip and consistent rental demand in the area, the property is well-positioned for long-term performance. Tenants benefit from convenient access to public transit, nearby employers, and local amenities, supporting stable occupancy. The property presents clear upside through renovation and rent optimization, allowing investors to increase both rental income and overall asset value. With both residential and commercial demand remaining strong, this asset offers an attractive opportunity to execute a value-add strategy. Additional highlights include completed inspections across the portfolio and projected returns in the 8–12% range based on 75–90% of HUD Fair Market Rents. Note: property had a frozen pipe in that caused water damage in one of the units and will require repair. This property is part of a larger multi-property Cleveland portfolio, offering investors the opportunity to scale with a diversified, income-generating package. Ideal for investors seeking a value-add asset with strong upside in a high-demand location.Professional property management resources are available for out of state investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Full financial analysis upon request. Schedule your showing today.

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Listing Snapshot
Price 
$109,900
Days On Site 
180 Days
Bedrooms 
6
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.1343 Acres
Year Built 
1905
MLS® Number 
5200687
Status 
Active
Property Tax 
$3,002
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Active
a week agoListing updated with changes from the MLS®
6 months agoListing first seen on site
General Features
Acres 
0.1343
Foundation 
Slab
Levels 
Two
Parking 
Direct Access
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Cooling 
Window Unit(s)
Heating 
Forced Air
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Exterior Features
Construction Details 
Wood Siding
Roof 
AsphaltFiberglassFlat
Community Features
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Kim Lewis of Home Equity Realty Group



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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