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20-Unit Apartment Building
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10501 Parkhurst Dr, Cleveland, OH 44111

Classic multifamily property with established residential surroundings and access to amenities, transit options, schools, and central Cleveland.

Property Size18,540 SF
Lot Size0.46 Acres
Days on Market169

Property Features for 10501 Parkhurst Dr

General Information

Standard status Active
Size 18,540 SF
Lot size 0.46 Acres
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 20

Building Details

Year Built 1920
Listing Agency: Budget Real Estate NYC INC
Listed By: Inbal Levy · License #NY 10311208049
Source: Crexi
Added: Mar 17 Changed: Aug 31 Last Checked: Aug 30 at 5:39AM

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 Budget Real Estate NYC INC

Investment Insights

Based on property information with market context.

This 20-unit apartment building at 10501 Parkhurst Dr comprises 18,540 square feet on a 0.46-acre parcel. Constructed in 1920, the property retains an early twentieth-century character and is positioned as an established multifamily asset in Cleveland’s West Boulevard neighborhood.

The property is located in the 44111 ZIP code, with nearby amenities, transit options, schools, and access to the heart of Cleveland. Its existing apartment configuration provides a defined residential use within a well-established community setting.

Key Highlights

  • 20‑unit apartment building at 10501 Parkhurst Dr
  • 18,540 square feet on a 0.46‑acre lot
  • Built in 1920 with early twentieth‑century character

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Accounting Firm Electrical Service

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

20
Residential units

Location Intelligence

Trade Area within ½ mile

744
Businesses Nearby

Demographics for 44111, OH

41,045
Population
19,041
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
6,315
Density / Sq Mi
$54,790
Median Household Income
$38,151
Median Earnings
$938
Median Rent
$130,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Classic multifamily property with established residential surroundings and access to amenities, transit options, schools, and central Cleveland.
Where is this apartment building located?
The property is located at 10501 Parkhurst Dr Cleveland, OH.
What are key features of this property?
This property features: 20‑unit apartment building at 10501 Parkhurst Dr; 18,540 square feet on a 0.46‑acre lot; Built in 1920 with early twentieth‑century character
(347) 517-8828 Call to check price and availability
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