$675,000
About this home
Strong performing 8-unit apartment building in Cleveland’s desirable 44111 area, offering reliable cash flow and clear value-add potential. The property currently produces $7,030 in gross monthly income, with several units and operational efficiencies presenting opportunities for increased rents and improved NOI. The building features a mix of well-maintained units, stable long-term tenants, and consistent occupancy. Solid mechanicals and straightforward management make this an attractive addition to any multifamily portfolio. Located near West Park amenities, public transit, retail corridors, and major commuter routes, this property appeals to renters seeking convenience and affordability. Highlights: 8-unit multifamily investment property $7,030 gross monthly income with upside for rent increases and improvements Strong tenant base and steady occupancy Value-add potential through cosmetic updates and operational optimization Convenient Cleveland 44111 location near transit, shopping, and employment centers
Property details
- MLS #
- 5237044
- Property type
- Apartment
- Subdivision
- N/A
- Status
- Active
- Days on market
- 4
- On market date
- August 15, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.158 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
- 429
- Student:teacher ratio
- 12.3:1
- District
- Cleveland Municipal
- Enrollment
- 74
- Student:teacher ratio
- 37.0:1
- District
- Constellation Schools: Stockyard Community Middle
- Enrollment
- 238
- Student:teacher ratio
- 18.3:1
- 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 August 19, 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.