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5806 Fleet Avenue
Cleveland, OH 44105

$109,900 - Status: Active
MLS# 5200687

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 812% range based on 7590% 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. Buyer to verify all information.

Property Features

MLS#: 5200687
Zip: 44105
Subdivision: C G Barkwill Trustees Sub
Development: Cleveland
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Window Unit(s)
Days on Site: 10
Heating: Forced Air
Lot Size: 0.13 acres
Roof Type: Asphalt, Fiberglass, Flat
Stories: 2.0
Taxes: $3,002 / year
Year Built: 1905

Feature Descriptions

Exterior: Wood Siding
Parcel#: 132-12-008
Parking: Direct Access
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

5806 Fleet Avenue | MLS# 5200687

This multi-family property located at 5806 Fleet Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $109,900. Fleet Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Home Equity Realty Group
Agency Contact: Garrett Rowan; 803-992-1429; Garrett.Rowan@HEQRealty.com

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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