Vision Sales Team

9222-26 Madison Avenue

Cleveland , OH 44102

MLS#: 5147097

$440,000

Status: Active
Listing number: 5147097
Listing provided by: Home Suite Home Property Management
Listing agent phone: None
Last update: 10 hours ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1910

Sq.Footage

N/A

Prime Investment Opportunity – 2 Buildings on One Parcel in Madison Area 9222-9224 Madison Ave and 1987-1989 W. 93rd. Seize the chance to own a versatile, income-producing property in the growing Madison area! This unique parcel features two buildings with 4 fully leased residential units and 2 white-box retail spaces ready for your vision. Lead Certification Current Annual Rental Income: $52,800 from residential tenants Additional Retail Potential: Two vacant retail units can easily generate $1,600+ per month once leased Value-Add Opportunity: Adjacent lots available through the Cuyahoga Land Bank at a minimal cost – expand, redevelop, or create additional parking Prime Location: High-visibility area with strong foot and vehicle traffic Endless Possibilities: Ideal for an investor looking to increase income, a developer seeking a multi-use project, or an owner-occupant ready to put their business front and center With solid residential income already in place and retail spaces ready for tenants, this property offers immediate cash flow with room to grow. Call today to schedule a showing and explore the potential!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

Exterior

  • Garage

    No

  • Parking

    Assigned, Paved, On Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    5240.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $440,000

  • Tax Amount

    9180.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Lori A Peterson , Home Suite Home Property Management

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent TysonHartzler

FOUNDER

TysonHartzler

Call Tyson today to schedule a private showing.

(330) 786-5493

Tyson@visionsalesteam.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Prime Investment Opportunity – 2 Buildings on One Parcel in Madison Area 9222-9224 Madison Ave and 1987-1989 W. 93rd. Seize the chance to own a versatile, income-producing property in the growing Madison area! This unique parcel features two buildings with 4 fully leased residential units and 2 white-box retail spaces ready for your vision. Lead Certification Current Annual Rental Income: $52,800 from residential tenants Additional Retail Potential: Two vacant retail units can easily generate $1,600+ per month once leased Value-Add Opportunity: Adjacent lots available through the Cuyahoga Land Bank at a minimal cost – expand, redevelop, or create additional parking Prime Location: High-visibility area with strong foot and vehicle traffic Endless Possibilities: Ideal for an investor looking to increase income, a developer seeking a multi-use project, or an owner-occupant ready to put their business front and center With solid residential income already in place and retail spaces ready for tenants, this property offers immediate cash flow with room to grow. Call today to schedule a showing and explore the potential!

9222-26 Madison Avenue

Message successfully sent.

What would you like to know?

Related Properties

FORMERLY A FURNITURE STORE WITH REAR OVERHEAD DOOR FOR DELIVERIES,,PARTIAL BASEMENT
#5141661

Cleveland

5203 FLEET Avenue

None Beds

None Baths

11,669 Sq.Ft.

$420,000

MLS#: 5141661

Prime 6-Unit Investment Property – Partially Occupied, Newly Updated! This well-maintained 6-unit apartment building presents an excellent investment opportunity with 50% tenant occupancy and strong cash flow potential when fully leased. Recent updates include fresh paint and brand-new LVP flooring in some of the vacant units, making them move-in ready for new tenants. The property features a mix of unit layouts designed to attract a variety of renters, with steady rental income from existing long-term tenants. When fully occupied, this building delivers solid cash flow and a strong return on investment. Whether you’re an investor looking to maximize rental income or an owner seeking a partially occupied property with room to increase value, this apartment complex is a fantastic opportunity. Don’t miss out—schedule your viewing today!
#5112162

Cleveland

3390 E 149th Street

None Beds

None Baths

N/A

$419,900

MLS#: 5112162

Turnkey Pet Grooming & Retail Business with Building for Sale – West Park’s Premier Pet Destination! An incredible opportunity to own Style Mutt, West Park’s go-to dog grooming and supply store! This established and profitable business is available with or without the building, giving buyers flexibility to invest in both real estate and a thriving operation. Business Highlights: Multiple revenue streams: Grooming, retail, and doggy daycare Fully equipped with appliances, grooming tools, retail fixtures, security cameras, and full inventory Tech-enabled operations: Monthly rental POS system with First Data, Pawfinity for grooming management, and Shopify for retail & online sales Experienced team: Five skilled groomers with a long-standing and loyal customer base Turnkey opportunity: Start making money from day one! This business boasts a strong local following and proven profitability. Financials are available upon request. Contact us today to schedule a tour of this fantastic building and thriving business!
#5099085

Cleveland

3525 Warren Road

None Beds

None Baths

2,700 Sq.Ft.

$499,900

MLS#: 5099085

Check out this amazing Opportunity to grow and expand your portfolio, or if you are looking to start one. Start earning money on day one with room to grow the two retail spaces that to really bring in more growth then already producing. All six-unit apartments are completely occupied. Tenants are Eden and CMHA. with one private. totally in rents of around five thousand a month and tenants are responsible for their own utilities. The two retail spaces could have the ability to be converted into apartments and or retail spaces for a business. Units 1,2,4,6 are two bed apartments and units 3 and 5 are one bed apartments. Come make this property yours and start or add to your portfolio today. Seller is selling as is and will not make any updates or changes to the property, Seller will continue to maintain the premises during the listing and sale process. please give 24-hr notice for appointments, Seller will not show occupied units until accepted offer.
#5145827

Cleveland

9019 Denison Avenue

None Beds

None Baths

7,584 Sq.Ft.

$405,000

MLS#: 5145827

Fully occupied Section 8 apartment building. Recently renovated, lead certified & completely turnkey. Email agent for market rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building. Local & out of state investors welcome! Agent owned property.
#5012874

Cleveland

4083 Ridge Road

None Beds

None Baths

N/A

$499,900

MLS#: 5012874

Well-Maintained 3-Bay Mechanic Shop with Parking – High Visibility Location Excellent opportunity to own a versatile commercial property in a prime, high-traffic area! This well-maintained 3-bay mechanic shop offers ample space, functionality, and flexibility for your business needs. Featuring dedicated parking, a spacious layout, and solid infrastructure, the property is ready for immediate use as an auto service center. Zoned for commercial use, this site can easily be converted into a convenience store and gas station, offering significant potential for expansion or redevelopment. Its excellent location with great visibility and easy access makes it ideal for attracting steady customer traffic. Whether you're a business owner looking to expand, or an investor seeking a high-potential site, this property delivers versatility, location, and value.
#5143615

Cleveland

4700 Clark Avenue

None Beds

None Baths

N/A

$390,000

MLS#: 5143615

Excellent Investment opportunity with 8% cap rate and more room to grow. in a High-Traffic Area This commercial building features two fully leased units: a long-standing daycare and a busy tire shop. Situated in a high-visibility location with strong traffic flow, this property offers stable rental income and great exposure for businesses. Ideal for investors seeking a turnkey asset in a thriving area.
#5135747

Cleveland

3507 W 117th Street

None Beds

None Baths

N/A

$499,000

MLS#: 5135747

Don't miss out on this great investment opportunity that this multifamily 6 unit/2 story building has to offer! These units are approx 538 sq ft being partially occupied with the potential to create a strong rental income. This property is within 11 minutes from Cleveland State University, and three minutes from the Cleveland Metro park zoo. This property is being sold in as-is condition very easy to show! Schedule your showings today.
#5122207

Cleveland

6701 Denison Avenue

None Beds

None Baths

N/A

$380,000

MLS#: 5122207

This Portfolio offers a unique opportunity to acquire 6 parcels that include 6 multifamily buildings and a parcel of land on Cleveland’s eastside—totaling 18 units with a diverse mix units.Priced at just $25,000 per unit / $67.89 per sq ft, it is primed for a motivated investor. Current rents and occupancy are below market, resulting in a present cap rate of -2.9%. Once stabilized and repositioned, the proforma cap rate jumps to 33.8%, with gross rental revenue projected at $211,800 annually. Current monthly income: $1950/ mo (from Only 3 occupied units) Current Gross Income: $23,400/year Proforma Gross Income: $211,800/year Actual Expenses: $36,544/year (expected to normalize to $53,312 at stabilization) Proforma NOI: $147,898/year (current NOI is negative) Projected Cash-on-Cash: 107% | IRR: 178% Unit Mix: Studios: 4 1BR/1BA: 3 2BR/1BA: 6 3BR/1BA: 3 5BR/1BA: 1 All properties need varying levels of renovation and lease-up, but most major capital expenditures are already factored into the proforma. Comparable sales in the neighborhood support an ARV between $648,000–$716,000, with plenty of margin for value creation. Whether you’re looking to renovate and refinance, reposition and hold, or eventually sell as a stabilized package, this portfolio offers an unbeatable entry point into Cleveland multifamily with major value-add potential and strong projected returns.
#5126483

Cleveland

9620 Fuller Avenue

None Beds

None Baths

N/A

$450,000

MLS#: 5126483

Turnkey 5-Unit Apartment Building! This fully occupied, lead-certified 5-unit multifamily property delivers a strong 10.36% cap rate and consistent cash flow from day one. All units have been completely renovated, and several are subsidized or Section 8 eligible, offering reliable rent payments and smooth inspection compliance. Each unit includes assigned parking, ensuring ease of access for tenants. An unfinished attic presents the opportunity to add a 6th unit, further increasing ROI. Ideally located directly across from the newly constructed Clark School and Clark Recreation Center, this asset benefits from continued neighborhood growth and rising rental demand. A rare combination of strong current returns, low maintenance, and clear upside—perfect for investors looking to scale their portfolio with a high-performing, future-ready asset.
#5126734

Cleveland

5711 Clark Avenue

None Beds

None Baths

N/A

$399,000

MLS#: 5126734

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here