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Converted Loft-Style Apartment Building
For Sale
$1,300,000

1075 E 74th Street Cleveland, Cleveland, OH 44103

Converted school building now offers 37 loft-style apartment units with dedicated furnaces and hot water tanks.

Property SizeContact for details
Days on Market66

Property Features for 1075 E 74th Street Cleveland

General Information

Standard status Active

Additional Details

Multifamily Units 37

Taxes and HOA fees

Annual Taxes $23,887

Amenities

true
Public
2.0836
Assessor
Asphalt,On Site,Paved

Building Details

Year Built 1904
Listed By: Sarah Larimer
Source: Leonardandnewland
Added: Jul 2 Changed: Sep 4 Last Checked: Sep 5 at 3:46AM

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 Sarah Larimer

Investment Insights

Based on property information with market context.

The Hodge is a converted school building that has been reimagined into a 37-unit loft-style apartment property. Each unit includes dedicated furnace and hot water tanks, a configuration intended to reduce the building’s overall operating expenses.

The property is being offered for sale. Additional detail on unit mix, building layout beyond the loft-style concept, and any specific capital improvements is not provided in the available information.

This is a multifamily residential income asset well-suited to buyers focused on an existing 37-unit operating structure with the opportunity to pursue value-add improvements where applicable.

Key Highlights

  • Converted school building now offers 37 loft‑style apartment units
  • Each unit includes a dedicated furnace and hot water tank
  • Year built: 1904

Property Analytics

Current Use

St Clair Superior ... Apartment Building Haleis catering Restaurant Lolita Wilson Artist, ... Artist

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Electrical Service Spa & Massage Center

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

Lease Details

37
Residential units

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 44103, OH

14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
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 - Converted school building now offers 37 loft-style apartment units with dedicated furnaces and hot water tanks.
Where is this apartment building located?
The property is located at 1075 E 74th Street Cleveland Cleveland, OH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Converted school building now offers 37 loft‑style apartment units; Each unit includes a dedicated furnace and hot water tank; Year built: 1904
More about this property
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