Brick Apartment
For Sale
Contact for pricing
3016 S Moreland Blvd, Cleveland, OH 44120
Lead-certified apartment property with updated building systems and open-plan one-bedroom residences.
Property SizeContact for details
Days on Market716
Property Features for 3016 S Moreland Blvd
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Site & Location
Neighborhood
Buckeye-Shaker
Units
Unit Mix
28 x 1BR/1BA
Multifamily Units
28
Building Details
Year Built
1938
Buildings
1
Stories
3
Construction
brick
Listing Agency:
Berkshire Hathaway HomeServices Professional Realty Mason
Listed By:
David Mussari · License #BRKP.2007001761
Source:
Crexi
Added: Nov 8, 2024
Changed: Oct 25
Last Checked: Oct 24 at 4:52PM
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 Berkshire Hathaway HomeServices Professional Realty Mason
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1938, this 28-unit apartment building features solid brick construction and a mix consisting of one-bedroom, one-bath residences. The units have open floor plans, while recent property work includes a newer boiler installed within the last 2 years and fresh interior painting. The building is currently fully occupied and has an on-site manager who may be willing to continue after a transfer of ownership.
The property is located at 3016 S Moreland Blvd in Cleveland, Ohio, within the Historic Shaker Square area. Lead certification is in place, adding a documented compliance feature to the building’s profile.
The property is located at 3016 S Moreland Blvd in Cleveland, Ohio, within the Historic Shaker Square area. Lead certification is in place, adding a documented compliance feature to the building’s profile.
Key Highlights
- 28‑unit apartment building with solid brick construction
- All 28 units are one‑bedroom, one‑bath residences
- Open floor plans throughout the apartment units
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
28
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Explore this area
Business Placement
Demographics for 44120, OH
34,611
Population
20,583
Households
1.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,656
Density / Sq Mi
$46,326
Median Household Income
$36,549
Median Earnings
$890
Median Rent
$115,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Lead-certified apartment property with updated building systems and open-plan one-bedroom residences.
Where is this apartment building located?
The property is located at 3016 S Moreland Blvd Cleveland, OH.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 28‑unit apartment building with solid brick construction; All 28 units are one‑bedroom, one‑bath residences; Open floor plans throughout the apartment units
