Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1927
Sq.Footage
11,139
Strong performing 8-unit apartment building in Cleveland’s desirable 44111 area, offering reliable cash flow and clear value-add potential. The property currently produces $7,030 in gross monthly income, with several units and operational efficiencies presenting opportunities for increased rents and improved NOI. The building features a mix of well-maintained units, stable long-term tenants, and consistent occupancy. Solid mechanicals and straightforward management make this an attractive addition to any multifamily portfolio. Located near West Park amenities, public transit, retail corridors, and major commuter routes, this property appeals to renters seeking convenience and affordability. Highlights: 8-unit multifamily investment property $7,030 gross monthly income with upside for rent increases and improvements Strong tenant base and steady occupancy Value-add potential through cosmetic updates and operational optimization Convenient Cleveland 44111 location near transit, shopping, and employment centers
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
Natural Gas, None, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.158
-
Property Type
Commercial Sale
-
Property Sub Type
Apartment
Price
-
Sales Price
$675,000
-
Tax Amount
$16,289
-
Sq. Footage
11,139
-
Price/SqFt
$60
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
Cleveland Municipal - 1809
-
High School
Cleveland Municipal - 1809
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
Cleveland Municipal - 1809
High School
Cleveland Municipal - 1809
Listing Courtesy of Tresa M Klein , Keller Williams Elevate
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Agent / Realtor®
Carla Ponikvar
Call Carla today to schedule a private showing.
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