$700,000
About this home
Excellent opportunity to acquire a 100% occupied 12-unit apartment building on Cleveland’s West Side. Denison Manor features a balanced unit mix of six 1-bedroom and six 2-bedroom apartments, an established tenant base, and strong historical occupancy. Several residents have called the property home for years, including tenants dating back to 2016, providing an incoming owner with immediate and established rental income. Current rents range from $610–$825 per month, with total scheduled rent of $8,655 per month / $103,860 annualized. The property offers an attractive combination of stability and future upside. Existing newer leases demonstrate higher achievable rents within the building, creating an opportunity for continued rent growth as below-market leases naturally renew. Tenants are responsible for separately metered electricity, while the owner currently pays gas, water and sewer. Denison Manor has also benefited from continued building maintenance. A professional commercial boiler preventative-maintenance inspection was completed in August 2026, with the contractor reporting the burners, visible heat exchanger, flue venting, and supply/return piping in good condition. Offered at $750,000, Denison Manor presents an opportunity for investors seeking a stabilized Cleveland multifamily asset with current cash flow, long-term tenants, 100% occupancy, and identifiable rent-growth potential.
Property details
- MLS
- NOWDD
- MLS #
- 5243975
- Property type
- Apartment
- Subdivision
- Brooklyn
- Status
- Active
- Days on market
- 34
- On market date
- September 10, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- 12
- Lot size
- 0.2141 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
- 364
- Student:teacher ratio
- 14.0:1
- District
- Lincoln Park Academy
- Enrollment
- 245
- Student:teacher ratio
- 24.5:1
- District
- Constellation Schools: Old Brooklyn Community Middle
- Enrollment
- 162
- Student:teacher ratio
- 32.4:1
- District
- Frederick Douglass High School
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 1 days ago.
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.