MixedUse at 5425 Fleet Avenue, Cleveland
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10 photos

$280,000

5425 Fleet Avenue
Cleveland, OH 44105
Listed by Nicholas Hardy · RE/MAX Above & Beyond
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1890

About this home

Excellent opportunity to acquire a versatile mixed-use property along Cleveland's Fleet Avenue corridor. This approximately 7,116-square-foot building features a substantial commercial footprint on the first floor (two possible units) with residential space above (two rented apartments currently @$800/mo), offering potential for an owner-user, investor, or entrepreneur with immediate income. The property established mixed-use configuration and LR zoning may accommodate a variety of potential uses, subject to verification by the buyer with the City of Cleveland. The property presents an opportunity to enhance its existing commercial and residential configuration and maximize its income-producing potential. The upper levels offer additional space that may provide future value through renovation, repositioning, or potential expansion of residential use, subject to all required approvals. The property is convenient with access to surrounding neighborhoods, major roadways, shopping, dining, and other amenities. The property is being sold as-is. Buyer and buyers agent are responsible for conducting independent due diligence regarding zoning, permitted uses, occupancy, building codes, permits, certificates of occupancy, and any required improvements or approvals. Taxes are accurate as per the county auditor's site.

Property details

MLS
NOWDD
MLS #
5242264
Property type
MixedUse
Subdivision
N/A
Status
Active
Days on market
27
On market date
September 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.119 acres
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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.

ElementaryCharter
Cleveland College Preparatory School
0.26 mi away · Grades 0-8
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
225
Student:teacher ratio
17.3:1
District
Cleveland College Preparatory School
Middle
Cuyahoga Hts Middle School
2.07 mi away · Grades 6-8
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
176
Student:teacher ratio
17.6:1
District
Cuyahoga Heights Local
HighCharter
Regent High School
0.63 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
225
Student:teacher ratio
32.1:1
District
Regent 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).

85
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks15
Schools14
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 27 days -- 23 fewer days than Cleveland's current average of 50 days.
For reference, the median list price across 2,393 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,836/mo
$56,000 down
$224,000 loan
Principal & interest$1,453
Property tax (est.)$233
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.