4438 Pearl Rd
$395,000
4438 Pearl Rd, Cleveland, OH 44109
5,230 sqft
Building Size
0.1116 acres
Lot Area
Details:
Highlights:
- All 3 units: full renovation (flooring, cabinets, paint, bathrooms,
- kitchens)
- Furnace: new furnace installed 2025
- Roof: entire flat roof completely replaced
- Underground plumbing: completely redone
- Basement: walls fully framed; permit-ready for 1–2 additional units
Description:
Fully renovated three-unit multifamily in Cleveland's Brooklyn Centre / Old Brooklyn — $395,000, with the large adjacent parking lot (separate parcel #012-07-027) included at no additional cost. All three units occupied (one 3/1, two 2/1), producing $3,410/month with $3,995/month upside at market rents; one unit is Section 8. New furnace (2025), new flat roof, and underground plumbing redone, with full interior renovations throughout; appliances convey. Basement is framed and permit-ready for 1–2 additional units — a clear value-add. Near MetroHealth, ~5 miles to Downtown Cleveland, with easy I-480/I-71 access. Available on its own or with the adjacent single-family at 4432 Pearl Road.
Pearl Road is a primary north-south arterial offering direct connectivity
to Downtown Cleveland (~5 miles north), Parma, and the southwest
suburbs. The neighborhood benefits from proximity to MetroHealth
Medical Center, one of Cleveland's largest employers, and convenient
access to I-480 and I-71.
Dense mix of owner-occupied and rental housing with strong long-
term occupancy fundamentals. Retail, restaurants, and services within
walking distance. Strong RTA bus transit access. The location attracts
stable, long-term tenants and supports consistent rental demand.
Location
Gallery
