Quadplex Property with Multiple
For Sale
$899,900
13113 Cleveland Avenue NW, Uniontown, OH 44685
ResidentialIncome, Uniontown, OH
Property Size8,000 SF
Lot Size0.74 Acres
Price / SF$112.49
Days on Market82
Property Features for 13113 Cleveland Avenue NW
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
7
Full bathrooms
7
Half bathrooms
3
Rooms
Bathroom 6, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 7, Bathroom 2, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 5, Laundry Room, Bathroom 1, Bedroom 4, Basement
Parking features
Parking Lot, Garage
Interior features
BuiltInFeatures, CeilingFans, EatInKitchen, GraniteCounters, HisAndHersClosets, MultipleClosets, VaultedCeilings, WalkInClosets
Appliances
Dishwasher, Microwave, Range, Refrigerator
Lot features
Flat, Level, Split Possible
Elementary school district
Lake LSD Stark- 7606
Middle school district
Lake LSD Stark- 7606
High school district
Lake LSD Stark- 7606
Directions
Off Cleveland ave in the square of Uniontown.
Special listing conditions
In Foreclosure
Standard status
Active
APN
02201119
Size
8,000 SF
Lot size
0.74 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9516
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1946
Floors in Building
3
Building materials
Brick, Stone, VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
RE/MAX Crossroads Properties · RE/MAX International
(330) 492-9278
Listed By:
Wesley J Yania · License #2001010127
(330) 280-2652
Added: Jun 10
Changed: Aug 20
Last Checked: Aug 30 at 10:06PM
MLS# 5218243
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 8,000-square-foot quadplex property spans four buildings on a 0.7437-acre parcel. The improvements include two stone residential buildings, a building with commercial space and an upper-level apartment, and a brick garage structure. One residence offers 3 bedrooms, 1.5 baths, approximately 2,000 square feet, original woodwork, a newer roof, and a newer furnace. The second stone residence was rebuilt to the studs and completed in 2024, with a heated oversized two-car garage, a large primary bedroom, updated bath with granite counters, and two walk-in closets.
The third building includes a first-floor commercial rental currently occupied by a flower shop, along with a 2/3-bedroom apartment above. A separate five-car brick garage contains two heated bays, a half bathroom, and office space. The property has a large parking area and 180 feet of frontage along Cleveland Avenue NW, extending from an alley to Northdale Street. Public water and sewer serve the property.
The third building includes a first-floor commercial rental currently occupied by a flower shop, along with a 2/3-bedroom apartment above. A separate five-car brick garage contains two heated bays, a half bathroom, and office space. The property has a large parking area and 180 feet of frontage along Cleveland Avenue NW, extending from an alley to Northdale Street. Public water and sewer serve the property.
Key Highlights
- 8,000‑square‑foot quadplex property on 0.7437 acres
- Four buildings with residential, commercial rental, apartment, and garage components
- 180 feet of frontage along Cleveland Avenue NW
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,918
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,338,360
$1.3M
Cap Rate 7%
$955,971
$956.0K
Cap Rate 9%
$743,533
$743.5K
Market Conditions
NOI Build-Up for 8,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$98.9K $12.36/SF
− Vacancy
−$3.3K −$0.41/SF
EGI
$95.6K $11.95/SF
− OpEx
−$28.7K −$3.58/SF
NOI
$66.9K $8.36/SF
Area
Stark County, OH
Vacancy
3.32%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,338,360
Cap Rate 7%
$955,971
Cap Rate 9%
$743,533
Alternative Uses
Best Use
Retail
$2.09M
$1.83M – $2.44M
NOI $146,210 @ 7.0% cap · market cap 16.25%
Second Best
Multifamily LT 5
$956.0K
$836.5K – $1.12M
NOI $66,918 @ 7.0% cap · market cap 7.44%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
Demographics for 44685, OH
29,008
Population
11,422
Households
2.5
Avg Household Size
43
Median Age
42%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
1,133
Density / Sq Mi
$100,094
Median Household Income
$56,884
Median Earnings
$1,346
Median Rent
$259,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-building property combines residential accommodations, a commercial rental space, and substantial garage facilities.
Where is this quadplex located?
The property is located at 13113 Cleveland Avenue NW Uniontown, OH.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 8,000‑square‑foot quadplex property on 0.7437 acres; Four buildings with residential, commercial rental, apartment, and garage components; 180 feet of frontage along Cleveland Avenue NW
