Building Details

Building Size 68,225 SF

Units 73

Listed By: Mike Barron, CCIM · License #License(s): OH: 2002021828 Show Phone

Source: Marcusmillichap

Added: Aug 26 Changed: Aug 30 Last Checked: Sep 2 at 1:13PM

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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 Mike Barron, CCIM

Investment Insights

Based on property information with market context.

The Grant is a 73-unit apartment building at 248 Euclid Ave in Downtown Cleveland. The property is identified as an REO asset, with its unit count and central address defining the offering. Its location places the building within Cleveland’s downtown district.

Key Highlights

• 73‑unit apartment building
• Located at 248 Euclid Ave, Cleveland, OH 44114
• Situated in Downtown Cleveland

Property Analytics

Current Use

The Grant Apartment Building K & L Carpet ... Carpet Cleaning Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Home Appliance Store Acupuncture Nursing Home

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

73

Residential units

Location Intelligence

Trade Area within ½ mile

6,852

Businesses Nearby

Explore this area Business Placement

Demographics for 44114, OH

7,622

Population

5,151

Households

1.5

Avg Household Size

32

Median Age

47%

College-Educated

85%

High-School Grad

3.0 sq mi

ZIP Area

2,541

Density / Sq Mi

$45,400

Median Household Income

$39,915

Median Earnings

$1,296

Median Rent

$112,900

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings 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?

Apartment building - Downtown Cleveland location on Euclid Avenue.

Where is this apartment building located?

The property is located at 248 Euclid Ave Cleveland, OH.

What are key features of this property?

This property features: 73‑unit apartment building; Located at 248 Euclid Ave, Cleveland, OH 44114; Situated in Downtown Cleveland