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    14174 Superior Rd Cleveland, OH 44118

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    For Sale
    $794,000

    14-unit apartment complex near Downtown Cleveland and universities.

    Lot size:
    0.25 Acres

    Property Features for 14174 Superior Rd

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1920

    Source: Leilani Bowersock Agent Leilani Bowersock

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleveland Heights Brick Apartment Complex

    This brick apartment complex is located in Cleveland Heights. The property features 14 units, with a mix of one-bedroom and two-bedroom layouts. The building is 92% occupied. A new boiler was installed in November 2023. The units are renovated and rent-ready, with two vacant units already renovated and ready for occupancy. The plumbing has been updated throughout the building with PEX or copper. The parking lot offers over 25 parking spaces. The property is located approximately 12 minutes from Downtown Cleveland and is near Case Western University, parks, shopping, University Hospitals, Cleveland Clinic, and museums. The property is situated on 0.2509 acres.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5742476
    Latitude
    41.5157381

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    FAQs

    What type of property is this?
    Apartment building - 14-unit apartment complex near Downtown Cleveland and universities.
    Where is this apartment building located?
    The property is located at 14174 Superior Rd Cleveland, OH.
    What is the asking price?
    The asking price for this property is $794,000.
    What are key features of this property?
    This property features: - 92% Occupancy Rate; - Turnkey Investment Opportunity; - New Boiler (Installed November 2023)
    (440) 570-9514
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    14174 Superior Rd Cleveland, OH 44118
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    Cleveland, OH 44118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14174 Superior Rd Cleveland, OH 44118
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