Listing Agency: Cushman & Wakefield CRESCO Real Estate

Listed By: Jason Griffith · License #OH SAL.2013001124

Source: Crexi

Added: Apr 10 Changed: Jul 22 Last Checked: Aug 5 at 4:27AM

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Investment Insights

Based on property information with market context.

This multifamily income property is offered for sale. The listing remarks include a stated 9.72% CAP rate.

The property is located at 4517 W. 157th Street in Cleveland, Ohio. No additional building details, unit count, or property improvements were provided in the information available.

For buyers and brokers, the available marketing highlights focus on the property’s income yield as presented in the remarks.

Key Highlights

• Multifamily income property for sale with a stated 9.72% cap rate.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store

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

652

Businesses Nearby

Explore this area Business Placement

Demographics for 44135, OH

26,684

Population

12,035

Households

2.2

Avg Household Size

39

Median Age

18%

College-Educated

84%

High-School Grad

10.2 sq mi

ZIP Area

2,616

Density / Sq Mi

$48,930

Median Household Income

$36,444

Median Earnings

$935

Median Rent

$119,100

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily income property listed for sale with a stated 9.72% CAP rate.

Where is this multifamily property located?

The property is located at 4517 W 157th Street Cleveland, OH.

What are key features of this property?

This property features: Multifamily income property for sale with a stated 9.72% cap rate.