14912 Alder Avenue
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12 photos

$175,000

14912 Alder Avenue
East Cleveland, OH 44112
Listed by Sylvia Incorvaia · EXP Realty, LLC.
Bedrooms
4
Bathrooms
4
Living area
6,000 sqft
Year built
1928

About this home

Don't miss this outstanding multifamily investment opportunity to add to your portfolio! This solid brick four-unit apartment building offers approximately 6,000 square feet total, with approximately 3,000 square feet of living space across four one-bedroom, one-bathroom apartments. Whether you are a seasoned investor looking to expand your portfolio or a savvy buyer ready to live in one unit while the other three help cover your mortgage, this flexible layout works for both strategies. The big-ticket items are already taken care of newer roof, newer windows, newer furnaces, newer hot water tanks, and a waterproofed full basement mean you are stepping into a property with the heavy lifting already done. Interiors offer excellent value-add potential through cosmetic updates. Select flooring and improvement materials will convey with the property to give you a head start on enhancements. Conveniently located with easy access to Downtown Cleveland, University Circle, major healthcare employers, shopping, public transportation, and key commuter routes. As an added opportunity, the neighboring adjacent parcel is also available for purchase separately, offering buyers the potential to expand their footprint and flexibility for future use, subject to local zoning and applicable requirements. Buyer is encouraged to perform their own due diligence and independently confirm the accuracy of all information provided, including but not limited to square footage, property conditions, improvement details, and zoning matters pertaining to the adjacent parcel.

Property details

MLS #
5222640
Property type
Quadruplex
Subdivision
Euclid
Status
Active
Days on market
18
On market date
June 25, 2026
Stories
2
Garage spaces
N/A
Lot size
0.1043 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Kenneth W Clement
0.35 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
173
Student:teacher ratio
15.7:1
District
Cleveland Municipal
Middle
W.H. Kirk Middle School
0.99 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
339
Student:teacher ratio
14.1:1
District
East Cleveland City School District
High
Shaw High School
0.45 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
607
Student:teacher ratio
15.2:1
District
East Cleveland City School District

Mortgage calculator

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Est. monthly payment
$1,204/mo
$35,000 down
$140,000 loan
Principal & interest$908
Property tax (est.)$146
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 17 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.