$39,999
About this home
Commercially zoned vacant land (land use low density apartment) located in a prime area less than a 5 minute walking distance from Case Western Reserve University. Land is also within a few minutes driving distance from University Hospital's main campus, and Cleveland Clinic's main campus. This lot offers an excellent opportunity for a variety of potential commercial uses in a high-demand location surrounded by major medical institutions, universities, and ongoing development. Convenient access to major roads, hospitals, and university amenities. Average student rental rate for a 2 bedroom unit ranges from $1150-$2000 a month making this an opportunity to build a high CAP rate asset in sustainable and rapidly appreciating area!
Property details
- MLS #
- 5197237
- Property type
- Other
- Subdivision
- Knowlton
- Status
- Active
- Days on market
- 63
- On market date
- March 30, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.2025 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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 253
- Student:teacher ratio
- 11.0:1
- District
- Cleveland Municipal
- Enrollment
- 339
- Student:teacher ratio
- 14.1:1
- District
- East Cleveland City School District
- Enrollment
- 406
- Student:teacher ratio
- 14.0:1
- 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 June 2, 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.