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Euclid Plaza Apartment Building
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22550 Euclid Ave, Euclid, OH 44117

Apartment property with one- and two-bedroom residences, separate gas and electric metering, and available surface and ground parking.

Property SizeContact for details
Days on Market142

Property Features for 22550 Euclid Ave

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 25

Amenities

parking
Listing Agency: Kowit & Company Real Estate Group
Listed By: CiCi Caver · License #OH--
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:45AM

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 Kowit & Company Real Estate Group

Investment Insights

Based on property information with market context.

Euclid Plaza is a 25-unit apartment property offering a mix of one-bedroom and two-bedroom residences. Thirteen units participate in the Eden Housing Program. Gas and electricity are separately metered for each unit, while surface and ground parking serve the property.

The asset is positioned in Euclid, an eastern suburb of Cleveland, with public transportation connections to Downtown Cleveland and other eastern suburbs. Its unit mix, program participation, individual utility metering, and on-site parking provide a defined operating profile for multifamily ownership.

Key Highlights

  • 25‑unit apartment property with one‑bedroom and two‑bedroom units
  • 13 units participate in the Eden Housing Program
  • Separate gas and electric metering for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Hair Salon Nail Salon

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

25
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 44117, OH

10,533
Population
5,320
Households
2
Avg Household Size
49
Median Age
20%
College-Educated
91%
High-School Grad
3.8 sq mi
ZIP Area
2,772
Density / Sq Mi
$41,818
Median Household Income
$35,966
Median Earnings
$877
Median Rent
$137,100
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 - Apartment property with one- and two-bedroom residences, separate gas and electric metering, and available surface and ground parking.
Where is this apartment building located?
The property is located at 22550 Euclid Ave Euclid, OH.
What are key features of this property?
This property features: 25‑unit apartment property with one‑bedroom and two‑bedroom units; 13 units participate in the Eden Housing Program; Separate gas and electric metering for each unit
(216) 896-5622 Call to check price and availability
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