8-Unit Brick Apartment
11623 Miles Ave, Cleveland, OH 44105
For Sale
$50,000
Two-story building with a full basement and off-street parking requires comprehensive interior and systems replacement.
Property Size10,008 SF
Lot Size0.33 Acres
Price / SF$4
Days on Market14
Property Features for 11623 Miles Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Highway Access
Road Access
Public Transit
Additional Details
Multifamily Units
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
REAFCO
Listed By:
Joseph Tadres
(740) 272-5378
Source:
Homessouthofcleveland
Added: Nov 1
Changed: Nov 8
Last Checked: Nov 10 at 11:54AM
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 REAFCO
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story brick apartment property contains 8 units and approximately 10,008 square feet above grade, plus a full basement. The 0.33-acre site includes off-street parking for about 12 vehicles. A full renovation is required, including replacement of mechanical, plumbing, and electrical systems, along with kitchens, bathrooms, and interior finishes. The building dates to 1920 and is offered in its current condition; the seller will not complete repairs or provide certifications.
The property is on Miles Ave in Cleveland’s Union-Miles area, near RTA bus service on Miles Ave and E 116th. Miles Shopping Plaza and access to I-480 are also nearby.
The property is on Miles Ave in Cleveland’s Union-Miles area, near RTA bus service on Miles Ave and E 116th. Miles Shopping Plaza and access to I-480 are also nearby.
Key Highlights
- 8‑unit, two‑story brick apartment property
- Approximately 10,008 square feet above grade with a full basement
- 0.33‑acre parcel with off‑street parking for about 12 cars
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
8
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 44105, OH
34,100
Population
17,528
Households
1.9
Avg Household Size
38
Median Age
11%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
3,831
Density / Sq Mi
$38,294
Median Household Income
$32,389
Median Earnings
$888
Median Rent
$56,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Cleveland, OH
Properties on Market for Apartment buildings in Cleveland
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story building with a full basement and off-street parking requires comprehensive interior and systems replacement.
Where is this apartment building located?
The property is located at 11623 Miles Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 8‑unit, two‑story brick apartment property; Approximately 10,008 square feet above grade with a full basement; 0.33‑acre parcel with off‑street parking for about 12 cars
