Building Details

Year Built 1927

Year Renovated 2024

Buildings 1

Stories 3

Units 17

Listing Agency: Green Bridge Real Estate

Listed By: Matthew King · License #BRK-20090002834

Source: Crexi

Added: Mar 12 Changed: Aug 24 Last Checked: Sep 7 at 2:25AM

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Investment Insights

Based on property information with market context.

This multifamily property features seventeen recently renovated units. The property offers a potential 10.3% projected capitalization rate. The total property size is 16,010 square feet. The price per unit is $55,824.

Key Highlights

• 10.3% Projected Cap Rate
• 17 Recently Renovated Units
• Priced at $55,824 Per Unit

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Law Firm

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

Location Intelligence

Trade Area within ½ mile

697

Businesses Nearby

Explore this area Business Placement

Demographics for 44104, OH

20,202

Population

9,851

Households

2.1

Avg Household Size

31

Median Age

10%

College-Educated

81%

High-School Grad

4.7 sq mi

ZIP Area

4,298

Density / Sq Mi

$24,009

Median Household Income

$25,679

Median Earnings

$654

Median Rent

$60,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Seventeen renovated units, potential 10.3% cap rate investment property.

Where is this apartment building located?

The property is located at 11202 Buckeye Rd Cleveland, OH.

What is the asking price?

The asking price for this property is $949,000.

What are key features of this property?

This property features: 10.3% Projected Cap Rate; 17 Recently Renovated Units; Priced at $55,824 Per Unit