1299 W 89th Street Cleveland, OH 44102
- Added:
- Apr 4, 2026
- Days on Market:
- 13
- Last Refresh:
- Apr 16 at 6:06 pm
Property Features for 1299 W 89th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Basement, Bedroom 1, Bathroom 2, Bedroom 3
- Parking features
- Garage
- Standard status
- Active
- APN
- 001-09-021
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 12 SEYMOUR 0041 ALL
- Tax Annual Amount
- 3495
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1918
- Floors in Building
- 2
- Building materials
- VinylSiding
- Roof type
- Fiberglass, Asphalt
Listing agent Jesse R Kracht License #2010001088 (440) 212-5656
Listing office Russell Real Estate Services 12198 Pearl Road, Strongsville, OH (440) 572-3100
Listing date Apr 4, 2026
MLS# 5198846
Listing URL
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Overview
Cleveland Multifamily Investment Opportunity
This is a fully occupied, well-maintained 7-property multi-family portfolio located on the west side of Cleveland. The portfolio generates $14,379 per month ($172,548 per year) in rent, with a net operating income of $124,791.60 annually and a 9.22% cap rate. The properties can be sold together for $1,354,000 or in smaller packages. One package includes properties at 1299 W. 89th St., 3441 W. 95th St., and 3069 W 105th St., Cleveland, offered together for $580,000. Another package includes properties at 3340 W. 98th St. and 3282 W. 94th St., Cleveland, offered together for $380,000. The final package includes properties at 4392 W. 47th St. and 3896 W. 21st St., Cleveland, offered together for $394,000. The sellers may consider other bundled options as well. One of the properties is located at 1299 W 89th Street, Cleveland, OH 44102. The lot size is 0.1001 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.744849
- Latitude
- 41.483042
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Fully occupied, well-maintained 7-property portfolio in Cleveland, Ohio.
Where is this multifamily property located?
The property is located at 1299 W 89th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: High 9.22% Cap Rate: Indicates strong potential for return on investment.; Fully Occupied Portfolio: Ensures immediate cash flow.; Substantial Monthly Rental Income: Generates $14,379/month ($172,548/year) in rent.
