INNOVATE Real Estate
Brick exterior with terracotta tile roof - 560 E 200th Street, Euclid
Brick facade building featuring a tiled roof and two upper-level balconies with black railings - 560 E 200th Street, Euclid
Wood-finish flooring with track lighting and display wall - 560 E 200th Street, Euclid
Compact bathroom featuring a white vanity with integrated sink, chrome faucet, wall-mounted medicine cabinet, white toilet, and wood-finish flooring - 560 E 200th Street, Euclid
Retail back room with LVP flooring, opening to the storefront sales floor and a private restroom. - 560 E 200th Street, Euclid
Aerial Map. Illustrating lot dimensions and property boundaries, with a disclaimer regarding measurement accuracy - 560 E 200th Street, Euclid
6 photos

$300,000

560 E 200th Street
Euclid, OH 44119
Listed by Irina Kleyner · Smartland, LLC.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1928

About this home

Mixed-use investment on Euclid's E 200th St commercial corridor. This two-story brick building has two street-level retail storefronts and three apartments on one title, giving you both residential and commercial income from a single asset. Apartment rents are $625–$649/mo, and the pro forma assumes $999/mo per storefront, for gross scheduled income of $46,764/yr. Using 5% vacancy and 8% management, projected NOI is $27,830, a 9.3% cap rate at list price. With 25% down at 7% on a 30-year loan, projected DSCR is 1.55 and cash-on-cash return is 13.2%. Retail space updated with new flooring and restroom. Full basement. On-site parking. Professionally managed. Rent roll and leases available to qualified buyers.

Property details

MLS
NOWDD
MLS #
5249428
Property type
Retail
Subdivision
Monterey Heights
Status
Active
Days on market
1
On market date
September 30, 2026
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
3
Lot size
0.1065 acres

Location

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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.

Elementary
Arbor Elementary School
0.14 mi away · Grades 1-5
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
321
Student:teacher ratio
12.3:1
District
Euclid City
Middle
Euclid Middle School
0.84 mi away · Grades 6-9
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
973
Student:teacher ratio
13.9:1
District
Euclid City
High
Euclid High School
0.86 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
1,718
Student:teacher ratio
16.4:1
District
Euclid City

Walkability

Blended score for Euclid'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).

77
Walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores4
Parks5
Schools11
Transit stops20
Pharmacies0

Market position

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

On the market 1 days -- 40 fewer days than Euclid's current average of 41 days.
For reference, the median list price across 168 active listings in Euclid right now is $154,950.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
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/mo
Est. monthly payment
$1,957/mo
$60,000 down
$240,000 loan
Principal & interest$1,557
Property tax (est.)$250
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 16 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.