Multifamily Property with Renovated Front
For Sale
Contact for pricing
Pending
1024 East 74th St, Cleveland, OH 44103
Professionally managed apartment property with an occupied front building and renovation work underway in the rear unit.
Property SizeContact for details
Days on Market142
Property Features for 1024 East 74th St
General Information
Standard status
Pending
Property subtype
Special Purpose
Additional Details
Multifamily Units
5
Building Details
Buildings
2
Listing Agency:
CENTURY 21 HomeStar
Listed By:
Richard Stone · License #OH
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 8:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 HomeStar
Investment Insights
Based on property information with market context.
This Cleveland multifamily property includes a front building arranged as four apartments and a separate rear unit. The front building is fully occupied, while renovation work is being completed in the rear unit. The front building was renovated when acquired by the current owner, providing updated improvements within the property’s existing configuration.
Professional management is in place, and the property is identified as generating about 10% ROI. Located at 1024 East 74th St in Cleveland, Ohio, the asset offers a combination of occupied apartment space and a rear unit undergoing renovation.
Professional management is in place, and the property is identified as generating about 10% ROI. Located at 1024 East 74th St in Cleveland, Ohio, the asset offers a combination of occupied apartment space and a rear unit undergoing renovation.
Key Highlights
- Front building contains 4 units and is fully occupied
- Rear single unit is finishing renovations
- Front building was renovated when acquired by the current owner
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Explore this area
Business Placement
Demographics for 44103, OH
14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Professionally managed apartment property with an occupied front building and renovation work underway in the rear unit.
Where is this multifamily property located?
The property is located at 1024 East 74th St Cleveland, OH.
What are key features of this property?
This property features: Front building contains 4 units and is fully occupied; Rear single unit is finishing renovations; Front building was renovated when acquired by the current owner
