Buy&Hold (Rental): (4 Units) 12420 Union Ave, Cleveland, OH 44120 + $345,000
- Promise Land Realty
- Sep 25, 2025
- 3 min read
Updated: Oct 27, 2025
Singlefamily Investment Opportunity
Price
$345,000
Off-Market Investment Opportunity
Available is a turnkey 4-unit property located in a strong Cleveland rental market. With two units already producing guaranteed Section 8 income, this property offers immediate cash flow with additional upside once the vacant units are leased.
Properties Financial & Photos:
Asking Price: $345,000
Property Details
Total Units: 4
(2) Two-Bedroom Units – Currently rented via Section 8 at $1,150/month each
(2) Three-Bedroom Units – Currently vacant (great opportunity to lease at market rents or use as a management suite in the basement)
Investor Highlights
Immediate guaranteed rental income through Section 8
Significant upside potential with two vacant units ready for occupancy
Turnkey condition – minimal upfront work required
Strong rental demand in this Cleveland market
Potential for an owner-occupant to use one unit while generating income from the others
Submit All Offers & Inquiries Directly To: investments@promiselandrealtyllc.com
This is an off-market solicitation; please do not disturb area occupants or ownership.
Property Map
Inquiries & Offers: Promiseland Realty
TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
A $500 non-refundable Reservation Fee is required from all interested parties prior to contract execution. This fee secures priority positioning, covers consulting and processing costs, and confirms buyer intent. Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of accepted offer. All closings are facilitated through a licensed title company or closing attorney.
Realtors & Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.
OFFICIAL PROMISELAND LENDING PARTNER
100% Financing for Rehab Projects
Powered by Residential Capital Partners
ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.
🔹 100% Financing – Covers purchase + rehab
🔹 Fast Closings – ~10 days
🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)
🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props
Nationwide Coverage (Excludes: AK, AZ, NV, PA)
Proof of Funds Available
This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
Trusted by 50,000+ Investors. Featured on BiggerPockets:
Permission to Market Promiseland Deal
Personalized Support from the Promiseland team
Custom List of Legitimate Cash Buyers to move your deals faster
Start playing to win. Join TEAM PLR PLAYMAKER today.
Exclusive Connections to Funding Sources
JV Equity Partnership Opportunities
Direct Access to REO Asset Managers
Apply now and scale with TEAM PROMISELAND
The #1 Source for Off Market Real Estate.
PROMISE LAND REALTY LLC
Work: 864-762-2509
Trusted by 50,000+ Investors. Featured on BiggerPockets:
PROMISELAND DISCLAIMER:
Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.
No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
A $1,000 non-refundable Commitment Fee is required from all interested parties prior to contract execution. This fee secures priority positioning, covers consulting and processing costs, and confirms buyer intent. Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.
Realtors and Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.
Comments