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Turn-Key Apartment Building
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12009 Clifton Blvd, Lakewood, OH 44107

Twelve-unit brick apartment property in Lakewood with off-street parking and newer windows.

Property SizeContact for details
Days on Market119

Property Features for 12009 Clifton Blvd

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Green Bridge Real Estate
Listed By: Jason Griffith · License #OH
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 7:10AM

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 Green Bridge Real Estate

Investment Insights

Based on property information with market context.

The Clifton Manor Apartments is a twelve-unit apartment building with an all-brick exterior and off-street parking. The property includes eight two-bedroom, one-bath suites and four one-bedroom, one-bath suites. Newer windows have been installed throughout the building.

Built in 1923, the complex is currently fully occupied, with 12 occupied units and a 100.0% occupancy rate. The property is reported as having $146,400 in current gross annual rental income and $89,840 in current net annual income.

The unit mix is configured with eight two-bedroom and four one-bedroom apartments. The information provided also notes that all units could become two-bedroom units with minor updates.

Key Highlights

  • 12‑unit apartment complex at 12009 Clifton Blvd, Lakewood, OH 44107, fully occupied with 100.0% occupancy
  • Unit mix: 8 two‑bedroom (1 bath) and 4 one‑bedroom (1 bath) units; all units could become 2‑bedroom units with minor updates
  • Brick multi‑family building approx. 10,332 SF on a 0.26‑acre parcel with off‑street parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Law Firm Electrical Service Accounting Firm

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

758
Businesses Nearby

Demographics for 44107, OH

51,109
Population
29,101
Households
1.8
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
9,465
Density / Sq Mi
$65,778
Median Household Income
$49,285
Median Earnings
$1,011
Median Rent
$241,400
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 - Twelve-unit brick apartment property in Lakewood with off-street parking and newer windows.
Where is this apartment building located?
The property is located at 12009 Clifton Blvd Lakewood, OH.
What are key features of this property?
This property features: 12‑unit apartment complex at 12009 Clifton Blvd, Lakewood, OH 44107, fully occupied with 100.0% occupancy; Unit mix: 8 two‑bedroom (1 bath) and 4 one‑bedroom (1 bath) units; all units could become 2‑bedroom units with minor updates; Brick multi‑family building approx. 10,332 SF on a 0.26‑acre parcel with off‑street parking
More about this property
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