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21-Unit Brick Apartment Building
For Sale
$1,175,000

1608 Coventry Road, East Cleveland, OH 44118

CommercialSale, East Cleveland, OH

Property SizeContact for details
Lot Size0.84 Acres
Days on Market655

Property Features for 1608 Coventry Road

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Commercial
Rooms Laundry Room, Basement
Parking 21
Parking features Covered
Elementary school district East Cleveland CSD - 1812
Middle school district East Cleveland CSD - 1812
High school district East Cleveland CSD - 1812
Directions Coventry, North of Mayfield Road, South of Superior
Standard status Active
APN 672-26-082
Lot size 0.84 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 6 APART RLTY &S/L60 SP 0061 ALL
Tax Annual Amount 24990
Legal Description 6 APART RLTY &S/L60 SP 0061 ALL

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam, Hot Water(Heating)
Cooling system Window Unit(s), Ceiling Fan(s)
Water source Public

Building Details

Year built 1948
Number of units 21
Roof type Flat
Listing Agency: Berkshire Hathaway HomeServices Professional Realty
Listed By: Joseph A Zingales · License #2013000048
Added: Nov 14, 2024 Changed: Aug 20 Last Checked: Aug 31 at 7:06AM
MLS# 5084893

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.

Built in 1948, this all-brick apartment property in East Cleveland contains 21 apartments, each configured with two bedrooms and one bathroom. The building includes a laundry room and basement, with a flat roof and covered parking. Cooling is provided by window units and ceiling fans, while heating systems include natural gas, steam, and hot water heating.

The 0.835-acre property is served by public water and public sewer. Heat, sewer, and water are paid by the owner; residents pay for cooking gas and electricity. The property is fully occupied, and the current manager may be willing to remain following the title transfer.

Key Highlights

  • 21 apartments, each with 2 bedrooms and 1 bathroom
  • All‑brick building constructed in 1948
  • Fully occupied property on 0.835 acres

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Real Estate Agency Butcher

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

21
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

Demographics for 44118, OH

40,242
Population
17,849
Households
2.3
Avg Household Size
35
Median Age
61%
College-Educated
96%
High-School Grad
7.0 sq mi
ZIP Area
5,749
Density / Sq Mi
$76,328
Median Household Income
$44,837
Median Earnings
$1,195
Median Rent
$205,600
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?
Apartment building - Fully occupied property with public utilities, covered parking, on-site laundry, and basement space.
Where is this apartment building located?
The property is located at 1608 Coventry Road East Cleveland, OH.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 21 apartments, each with 2 bedrooms and 1 bathroom; All‑brick building constructed in 1948; Fully occupied property on 0.835 acres
More about this property
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