$1,025,000
About this home
18911 Bella Drive presents a mostly renovated 12-unit multifamily asset with significant capital improvements already completed. Ownership has renovated 8 of 12 units over the past two years, achieving strong rent growth while maintaining stable occupancy. Unit mix is SIX 2bed/1bath ave rent $1000/month; SIX 1bed/1bath ave $800/month The property has undergone full lead abatement and holds a 20-year lead-free certification, significantly reducing regulatory risk. Additional recent capital improvements include a new roof, updated entry doors, renovated laundry rooms, and upgraded mechanical systems. This offering represents a rare opportunity to acquire a largely de-risked, near-stabilized asset with in-place income and remaining upside by increasing rents to market, maximizing an 8% CAP
Property details
- MLS #
- 5209202
- Property type
- Apartment
- Subdivision
- Kazens Bella Drive Resub 01
- Status
- Active
- Days on market
- 31
- On market date
- N/A
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.3581 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 192
- Student:teacher ratio
- 19.2:1
- District
- Bella Academy of Excellence
- Enrollment
- 973
- Student:teacher ratio
- 13.9:1
- District
- Euclid City
- Enrollment
- 1,718
- Student:teacher ratio
- 16.4:1
- District
- Euclid City
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 11, 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.