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Multifamily Property With 32 Units
For Sale
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12314 Mayfield Rd, Cleveland, OH 44106

32-unit multifamily property for sale.

Property SizeContact for details
Days on Market153

Property Features for 12314 Mayfield Rd

General Information

Standard status Active
Class A
Property subtype Multifamily
Occupancy 94%
Investment Type Core

Building Details

Year Built 2018
Buildings 1
Stories 5
Units 32
Listing Agency: Cushman & Wakefield CRESCO Real Estate
Listed By: Max Ferguson · License #SAL.2024001884
Source: Crexi
Added: Mar 13 Changed: Aug 8 Last Checked: Aug 11 at 6:09PM

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 Cushman & Wakefield CRESCO Real Estate

Investment Insights

Based on property information with market context.

This multifamily property features 32 units. The property is located on Mayfield Rd in Cleveland, OH.

Key Highlights

  • Multifamily property
  • 32 Units
  • Built in 2018

Property Analytics

Current Use

Cleveland Cash Offers Construction Company La Collina Little ... Apartment Building

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Real Estate Agency Pharmacy Hair Salon

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

3,796
Businesses Nearby

Demographics for 44106, OH

26,608
Population
13,287
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
6,188
Density / Sq Mi
$42,869
Median Household Income
$27,056
Median Earnings
$1,024
Median Rent
$241,600
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 - 32-unit multifamily property for sale.
Where is this apartment building located?
The property is located at 12314 Mayfield Rd Cleveland, OH.
What are key features of this property?
This property features: Multifamily property; 32 Units; Built in 2018
More about this property
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