The MLS Search & Analysis Show | 2,951-3,000

I’d Pay $185K for This Fourplex—Not the $210K Asking Price | MLS Search & Analysis 2,951 - 630 Eddy

During the 2,951st episode of The MLS Search & Analysis Show, James Wise breaks down a fully renovated Cleveland fourplex listed at $210,000—but explains why the neighborhood risk, current below-market rents, and tenant profile justify an offer closer to $185,000. With four two-bedroom units potentially renting for $995 each, this property could generate nearly $4,000 per month and produce a projected 44% cash-on-cash return when operated with the right Section 8 strategy. James covers the financing advantages of four-unit buildings, vacancy protection, lead certification, lease review, and why the listing agent’s description does not tell the full story. Access the full deal breakdown with a VIP PLUS Membership.

 

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