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    11325 Melba Ave Cleveland, OH 44104

    For Sale
    $50,000

    MULTI_FAMILY - Cleveland, OH

    Property size:
    2,521 SF
    Lot size:
    0.10 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 12 at 3:06 pm

    Property Features for 11325 Melba Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 4, Laundry Room, Bedroom 3, Basement, Bathroom 2, Bedroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    128-25-006
    Parking features
    Driveway
    Size
    2,521 SF
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Building materials
    WoodSiding
    Roof type
    Fiberglass, Asphalt

    Northeast Ohio Realty LLC (440) 449-9100 [email protected]

    Listing agent Michael A Ferrante (216) 373-7727 License #2019005741

    Listing date Nov 21, 2025

    MLS# 5057694 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleveland Multifamily Fixer-Upper Opportunity

    This multifamily property in Cleveland, Ohio, presents a value-add opportunity for investors. The property, a fixer-upper, features two 2-bedroom, 1-bath units. Previously, the property generated $1130 per month. Once renovated, the rents could potentially reach around $1700 per month in total. The property includes separately metered gas and electric, large front porches, and a driveway providing ample off-street parking. Situated in a convenient location near Shaker Square, the property is also just minutes from University Circle, Cleveland Clinic, Downtown Cleveland, and Amazon. The lot size is 0.1021 acres, and the property size is 2521 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.605222
    Latitude
    41.475

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    FAQs

    What type of property is this?
    Duplex - Value-add multifamily property near Shaker Square and University Circle.
    Where is this duplex located?
    The property is located at 11325 Melba Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Value-add opportunity with potential for increased rental income (currently $1130, potential $1700/month).; - Two 2 bed/1 bath units.; - Separately metered gas and electric.
    (216) 373-7727
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11325 Melba Ave Cleveland, OH 44104
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