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Just Sold | 13209 Ferris Ave, Cleveland, OH 44105

Project type

Property Purchase

Date

September 2025

Location

Cleveland, OH

Closed Date: 09/10/2025
Closed Price: $100,000

Successfully closed by Chloe Vugrinovich, this multi-unit investment property in Cleveland offered strong upside potential for rental income growth. At the time of sale, the upper unit generated $750 per month, with opportunity to increase rents to align with current market rates upon renewal.

The lower unit features a three-bedroom, one-bath layout with projected rental potential of $900–$1,000 per month, and up to approximately $1,200 per month with a CMHA tenant. This transaction presented a value-add opportunity for investors focused on optimizing occupancy and rental performance.

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