$399,000
About this home
This six-unit apartment complex is waiting for a new owner and who wouldn't want cash flow to begin on day one? An amazing opportunity to own. Each unit is two bedrooms and one bath all tenants are responsible for their own electric and gas along with all cable, internet etc. Owner pays water sewer and trash. Trash is a hundred dollars a month and average two hundred and ninety-seven dollars for water and sewer. each unit has their own hot water tank less than three years old, and newer furnaces less than seven years old. Each unit has their own security keypad entry and brand new 2025 commercial fire extinguishers in each unit. Each unit also their own electric and gas meters. There is one water meter for the entire building. There is one private pay tenant, and the rest are Section 8, Eden, and frontline SSVS guaranteed. Seller is selling as is and will not make any more updates Seller will continue to maintain the property there are no showings without an accepted offer. Walkthrough and inspections are to do be done at the same time. Please do not disturb the tenants. Call your favorite realtor today. No wholesalers please. All photos of the units were taken prior to tenant move in's. Rent roll is average at 5,500 a month Lead Certified and 100% occupancy
Property details
- MLS
- NOWDD
- MLS #
- 5158576
- Property type
- Apartment
- Subdivision
- Oyer
- Status
- Active
- Days on market
- 196
- On market date
- September 22, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.1591 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 300
- Student:teacher ratio
- 16.7:1
- District
- Harvard Avenue Performance Academy
- Enrollment
- 651
- Student:teacher ratio
- 13.9:1
- District
- Shaker Heights City
- Enrollment
- 486
- Student:teacher ratio
- 16.2:1
- District
- Cleveland Municipal
Walkability
Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated April 6, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.