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Turnkey 12-Unit Garden Apartments
For Sale
Contact for pricing
Pending

5896-5898 Lee Rd South, Maple Heights, OH 44137

Turnkey 12-unit garden style building with eight two-bedroom units, four one-bedroom units, and 22 parking spaces.

Property SizeContact for details
Days on Market142

Property Features for 5896-5898 Lee Rd South

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: CENTURY 21 HomeStar
Listed By: Linas Muliolis · License #OH
Source: Crexi
Added: Apr 12 Changed: Aug 21 Last Checked: Aug 29 at 7:23PM

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 CENTURY 21 HomeStar

Investment Insights

Based on property information with market context.

This turnkey 12-unit garden style apartment building features eight two-bedroom units and four one-bedroom units. The property is currently 100% occupied, with reported current gross income of approximately $101,000 per year. Expenses were around $38,000 in 2020, with additional capital improvements noted.

The building sits on a corner at Lee Rd and Dunbury. Parking includes 10 outdoor spaces and 12 garage spots. The roof is described as two years old, with 2-inch insulation and glued-on TPO, and the garage roof is noted as new aluminized steel.

The offering is for the 5896–5898 Lee Rd South property, and the seller indicates it can be sold together with a building on the opposite corner.

Key Highlights

  • Turnkey 12‑unit garden style apartment building at the corner of Lee Rd and Dunbury in Maple Heights, OH
  • Unit mix: eight 2‑bedroom units and four 1‑bedroom units
  • Current gross income is around $101,000/year with 100% occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Gym & Fitness Center Parking Lot & Garage

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

276
Businesses Nearby

Demographics for 44137, OH

23,759
Population
10,076
Households
2.4
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,569
Density / Sq Mi
$52,990
Median Household Income
$34,690
Median Earnings
$1,322
Median Rent
$89,800
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 - Turnkey 12-unit garden style building with eight two-bedroom units, four one-bedroom units, and 22 parking spaces.
Where is this apartment building located?
The property is located at 5896-5898 Lee Rd South Maple Heights, OH.
What are key features of this property?
This property features: Turnkey 12‑unit garden style apartment building at the corner of Lee Rd and Dunbury in Maple Heights, OH; Unit mix: eight 2‑bedroom units and four 1‑bedroom units; Current gross income is around $101,000/year with 100% occupancy
(216) 387-3204 Call to check price and availability
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