37931 Vine Street, Willoughby, OH 44094
MULTI_FAMILY - Willoughby, OH
- Added:
- Mar 2, 2026
- Days on Market:
- 117
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 37931 Vine Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 7
- Rooms
- Basement, Bathroom 2, Bathroom 3, Bathroom 7, Bathroom 1, Bathroom 6, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 5, Bedroom 5, Bathroom 4
- Parking features
- Driveway
- Standard status
- Active
- APN
- 27-B-036-0-00-020-0
- Lot size
- 0.45 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GORE TRACT PART OF LOT 86
- Tax Annual Amount
- 10916
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Asphalt, Fiberglass
Listing agent Julie A Marous License #2014001453 (440) 479-4681
Listing office Berkshire Hathaway HomeServices Professional Realty 6814 Detroit Avenue, Mentor, OH (216) 970-0164
Listing date Mar 2, 2026
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.
HighLights
- Single‑parcel mixed‑use asset in Downtown Willoughby with a brick triplex, 7,200‑SF commercial building, and 1,650‑SF custom loft.
- Fully leased brick triplex with 3 updated units: 2BD/1BA (leased $1,450/mo), and two 1BD/1BA units (leased $1,200/mo and $1,300/mo).
- Triplex gross residential income totals $47,400 annually; newer HVAC systems and hot water tanks throughout.
- Commercial space totals approx. 7,200 SF and is currently occupied by a furniture upholstery business, with warehouse, offices, restroom facilities, laundry, and two oversized garage bays.
- Loft above the commercial building is 1,650 SF with high‑end finishes, open‑concept layout, private laundry, and an expansive rooftop deck; owner‑occupied with potential rent approx. $2,500/mo ($30,000/yr).
- Projected total gross annual income potential of approx. $135,000 to $141,000 based on current rents and projected lease‑up.
Overview
The rear commercial building provides approximately 7,200 square feet of flexible space and is currently occupied by a furniture upholstery business. The lower level includes warehouse space, offices, restroom facilities, laundry, and two oversized garage bays. The listing notes the seller is willing to lease back a portion of the commercial space, supporting immediate stabilized commercial income. Off-street parking is available on-site, and the property is located in Downtown Willoughby.
The upper loft is approximately 1,650 square feet and is owner-occupied, featuring an open-concept floor plan, private laundry, and an expansive rooftop deck overlooking Downtown Willoughby. The loft is described as able to generate approximately $2,500 per month ($30,000 annually). Current gross residential income totals $47,400 annually, and the listing projects potential gross annual income of approximately $135,000 to $141,000 based on current rents and projected lease-up opportunities.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Willoughby
- County
- Lake
- State
- Ohio
- Longitude
- -81.409543
- Latitude
- 41.642958
