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Welcome to this well-kept four-unit multifamily property in Newburgh Heights, featuring separate living spaces and multiple balconies. Significant renovations completed in 2023 include new flooring throughout, updated kitchens with new cabinetry, providing refreshed spaces for meal preparation, renovated bathrooms, fresh paint throughout, and new windows. Additional improvements include a new asphalt roof, four new furnaces, four new hot water tanks, and updated electrical. The front upper unit (Unit 3) offers two bedrooms, a living room, a dining room, and a full bath, while the front balcony provides additional outdoor space. The rear upper unit (Unit 4) offers a bedroom, a full bath, kitchen, living room, and a small bonus room that can accommodate a variety of uses. The unit also features access to a rear balcony, while the unit below includes a small back porch. The partial basement includes multiple laundry areas, while separate utility meters for each unit offer added convenience for tenants in tracking and managing utility expenses. Historically generating approximately $3,800 to $4,000 in monthly rental income across all four units, the property is being offered vacant, allowing the next owner to establish new tenancies. With substantial improvements and a history of rental income, this multifamily property presents an opportunity for investors seeking a well-maintained investment property to their portfolio.

Highlights

  • Residential Income
  • Quadruplex
  • Built in 1918
  • 0.1837 Acre Lot
  • 4 Car Garage
  • 2 days on Market

  • Bedrooms
    6
  • Bathrooms
    4
  • Year Built
    1918
  • Stories
    2.0
  • Construction Materials
    Vinyl Siding
  • Garage Spaces
    4.0
  • Parking Features
    Paved, Garage, Detached
  • Living Area
    3436.0
  • Cooling
    None
  • Heating
    Forced Air, Natural Gas
  • Basement
    Partial

  • Acres
    0.1837
  • View
    Neighborhood
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 4518 Mcgregor Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 4518 Mcgregor Ave.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 4518 Mcgregor Ave?

Click Ask a Question to talk with our team. You already know it is a 6 bed, 4 bath, listed for $400,000. We can talk through recent upgrades, potential seller motivation, how this quadruplex compares to others in Cleveland, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 4518 Mcgregor Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 4518 Mcgregor Ave at around $2,671. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 4518 Mcgregor Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cuyahoga County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 4518 Mcgregor Ave?

In most cases, yes. Whether 4518 Mcgregor Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Cleveland's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 4518 Mcgregor Ave?

We can handle that for you. Our preferred local agent specializes in residential incomes in Cleveland and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $400,000 with 3,436 sqft of space—that comes out to approximately $116 per square foot.

How long has this property been on the market?

4518 Mcgregor Ave was listed on November 11, 2026, which means it's been on the market for 2 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1918, making it approximately 108 years old.

What is the lot size of this property?

4518 Mcgregor Ave sits on a 0.18-acre lot, which is 7,841 square feet.

What are the property taxes for 4518 Mcgregor Ave?

The most recent public record shows annual property taxes for 4518 Mcgregor Ave were approximately $4,736. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 4518 Mcgregor Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Now. All rights reserved.

Last Updated: November 13, 2026 at 09:47PM | Source: MLS Now | MLS#: 5259201