Garden-Style Apartment
For Sale
$4,653,835
1832-1864 Forest Hills Blvd, East Cleveland, OH 44112
Seventy-unit apartment building with 55 newly renovated units and 55 parking spaces.
Days on Market76
Property Features for 1832-1864 Forest Hills Blvd
General Information
Standard status
Active
Total Parking Spaces
55
Property subtype
Multifamily
Additional Details
Cap Rate
8.5%
Multifamily Units
70
Amenities
parking garage
Building Details
Year Built
1944
Construction
Garden Style
Listing Agency:
NAI Pleasant Valley - Akron
(330) 715-4801
Listed By:
Evan Pannell · License #2017005596
Source:
Naiglobal
Added: May 19
Changed: Jul 22
Last Checked: Jul 23 at 3:39AM
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 NAI Pleasant Valley - Akron
Investment Insights
Based on property information with market context.
This stabilized multifamily property consists of 70 garden-style apartment units, with 55 newly renovated units. The property is supported by on-site parking, including 55 parking spaces, plus an 10-12 car parking garage.
The address is 1832-1864 Forest Hills Blvd in East Cleveland, OH, with close proximity to University Circle.
The current configuration combines garden-style unit living with substantial parking capacity for residents and visitors, offering a clear base for an owner who is focused on operating performance and value-enhancement opportunities.
The address is 1832-1864 Forest Hills Blvd in East Cleveland, OH, with close proximity to University Circle.
The current configuration combines garden-style unit living with substantial parking capacity for residents and visitors, offering a clear base for an owner who is focused on operating performance and value-enhancement opportunities.
Key Highlights
- 70‑unit garden‑style apartment building with 55 newly renovated units
- Year built 1944
- 55 parking spaces plus a 10–12 car parking garage
Property Analytics
Current Use
Lease Details
70
Residential units
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Explore this area
Business Placement
Demographics for 44112, OH
18,685
Population
11,828
Households
1.6
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
4.0 sq mi
ZIP Area
4,671
Density / Sq Mi
$28,957
Median Household Income
$27,204
Median Earnings
$802
Median Rent
$77,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seventy-unit apartment building with 55 newly renovated units and 55 parking spaces.
Where is this apartment building located?
The property is located at 1832-1864 Forest Hills Blvd East Cleveland, OH.
What is the asking price?
The asking price for this property is $4,653,835.
What are key features of this property?
This property features: 70‑unit garden‑style apartment building with 55 newly renovated units; Year built 1944; 55 parking spaces plus a 10–12 car parking garage
