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Rehabbed Multifamily Income Property
For Sale
$164,900

11701 Ablewhite Ave, Cleveland, OH 44108

Fully rehabbed multifamily property with a new roof and updated hot water tanks and furnaces.

Property Size3,128 SF
Price / SF$52.72
Days on Market187

Property Features for 11701 Ablewhite Ave

General Information

Standard status Active
Size 3,128 SF
Property subtype Multi-Family

Site & Location

Neighborhood Forest Hills

Building Details

Year Built 1922
Listing Agency: Russell Real Estate Services
Listed By: Mashume Akpo-Esambe · License #2016005543
Source: Theacclaimedrealty
Added: Apr 24 Changed: Oct 26 Last Checked: Oct 26 at 5:22PM

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 Russell Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

This fully rehabbed multifamily income property has been upgraded head to toe, with a new roof and newly installed hot water tanks and furnaces. The improvements address key building systems and support a move-in-ready profile for an investor or operator looking for a recently renewed asset.

The property is located at 11701 Ablewhite Ave in Cleveland, Ohio 44108.

Key Highlights

  • Fully rehabbed multifamily property built in 1922
  • New roof
  • Updated hot water tanks

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 44108, OH

20,005
Population
11,798
Households
1.7
Avg Household Size
41
Median Age
16%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,446
Density / Sq Mi
$32,530
Median Household Income
$29,040
Median Earnings
$910
Median Rent
$62,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Fully rehabbed multifamily property with a new roof and updated hot water tanks and furnaces.
Where is this multifamily property located?
The property is located at 11701 Ablewhite Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Fully rehabbed multifamily property built in 1922; New roof; Updated hot water tanks
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