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Brick Quadplex with Updated Major Systems
For Sale
$175,000

14912 Alder Avenue, East Cleveland, OH 44112

MULTI_FAMILY - East Cleveland, OH

Property Size6,000 SF
Lot Size0.10 Acres
Price / SF$29.17
Days on Market49

Property Features for 14912 Alder Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Laundry Room, Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 2
Parking features Driveway
Subdivision Euclid
Elementary school district East Cleveland CSD - 1812
Middle school district East Cleveland CSD - 1812
High school district East Cleveland CSD - 1812
Directions Off Coit Rd., south of Noble Rd. to Alder Ave.
Standard status Active
APN 671-17-143
Size 6,000 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 3 CROCKER WP 145FT SW OF COIT 0007
Tax Annual Amount 3047
Legal Description 3 CROCKER WP 145FT SW OF COIT 0007

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1928
Floors in Building 2
Building materials Brick
Roof type Composition, Flat
Listing Agency: EXP Realty, LLC.
Listed By: Sylvia Incorvaia · License #411497
Added: Jun 25 Changed: Aug 4 Last Checked: Aug 12 at 7:06AM
MLS# 5222640

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 brick quadplex at 14912 Alder Avenue features four one-bedroom, one-bath apartments, totaling approximately 6,000 square feet with approximately 3,000 square feet of living space across the units. Built in 1928, the property includes a full basement that has been waterproofed. Heating is forced air, and the roof consists of composition and flat roofing.

The major components are described as having been updated, including a newer roof, newer windows, newer furnaces, and newer hot water tanks, helping reduce the first-year heavy lifting. There is also noted value-add upside through cosmetic updates, and select flooring and improvement materials are intended to convey with the property.

Parking is provided via a driveway. Public water and public sewer services are in place. The location offers easy access to Downtown Cleveland, University Circle, major healthcare employers, shopping, public transportation, and key commuter routes. An adjacent neighboring parcel is also available for separate purchase, subject to local zoning and applicable requirements and buyer due diligence.

Key Highlights

  • Approximately 6,000 total SF brick quadplex with four one‑bedroom, one‑bath apartments
  • Approximately 3,000 SF of living space across the four units
  • Full basement waterproofed

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 44112, OH

18,685
Population
11,828
Households
1.6
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
4.0 sq mi
ZIP Area
4,671
Density / Sq Mi
$28,957
Median Household Income
$27,204
Median Earnings
$802
Median Rent
$77,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick quadplex with four one-bedroom apartments, plus updated roof, windows, furnaces, and hot water systems.
Where is this quadplex located?
The property is located at 14912 Alder Avenue East Cleveland, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Approximately 6,000 total SF brick quadplex with four one‑bedroom, one‑bath apartments; Approximately 3,000 SF of living space across the four units; Full basement waterproofed
More about this property
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