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Retail-First Multifamily Building
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Pending

3456 W 117th St, Cleveland, OH 44111

Six-unit multifamily property with first-floor retail space at 3456 W 117th St in Cleveland.

Property SizeContact for details
Days on Market121

Property Features for 3456 W 117th St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 6
Listing Agency: Cushman & Wakefield CRESCO Real Estate
Listed By: Kirsten Paratore · License #SAL.221004429
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 11:58AM

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 Cushman & Wakefield CRESCO Real Estate

Investment Insights

Based on property information with market context.

This 6-unit multifamily property includes first-floor retail space and is presented as a well-positioned mixed-use asset. The public remarks describe the building as well-maintained and highlight strong historic occupancy.

The property is located at 3456 W 117th St in Cleveland, OH 44111. According to the seller, the surrounding neighborhood is popular with renters and has attracted investment in recent years.

For investors seeking a small mixed-use income stream, this configuration combines residential units with ground-floor retail in a single building.

Key Highlights

  • 6‑unit multifamily property with first‑floor retail at 3456 W 117th St in Cleveland
  • First‑floor retail space combined with the 6 units
  • Property is described as well‑maintained and well‑located with high historic occupancy

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Hotel & Motel

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby

Demographics for 44111, OH

41,045
Population
19,041
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
6,315
Density / Sq Mi
$54,790
Median Household Income
$38,151
Median Earnings
$938
Median Rent
$130,000
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 - Six-unit multifamily property with first-floor retail space at 3456 W 117th St in Cleveland.
Where is this apartment building located?
The property is located at 3456 W 117th St Cleveland, OH.
What are key features of this property?
This property features: 6‑unit multifamily property with first‑floor retail at 3456 W 117th St in Cleveland; First‑floor retail space combined with the 6 units; Property is described as well‑maintained and well‑located with high historic occupancy
More about this property
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