Listing Agency: Encompass Ohio Realty

Listed By: Wally Saleh · License #OH 07000344091

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 7:24AM

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Investment Insights

Based on property information with market context.

This Cleveland property is arranged as a duplex with two residential units, offering a straightforward two-unit configuration for an income-property buyer.

The building is located in Ohio City at 1949 West 45th St, Cleveland, OH 44102. Its stated setting places the property near downtown Cleveland and Lake Erie, connecting the asset with two prominent area destinations.

Key Highlights

• Two residential units
• Located in Cleveland’s Ohio City neighborhood
• Near downtown Cleveland

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Accounting Firm Computer & Electronic Repair Tech Support Center Veterinary Clinic

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

1,186

Businesses Nearby

Explore this area Business Placement

Demographics for 44102, OH

43,347

Population

22,984

Households

1.9

Avg Household Size

35

Median Age

25%

College-Educated

80%

High-School Grad

6.1 sq mi

ZIP Area

7,106

Density / Sq Mi

$40,303

Median Household Income

$34,958

Median Earnings

$911

Median Rent

$99,300

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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Frequently Asked Questions

What type of property is this?

Duplex - Residential duplex in Cleveland’s Ohio City neighborhood, near downtown Cleveland and Lake Erie.

Where is this duplex located?

The property is located at 1949 West 45th St Cleveland, OH.

What are key features of this property?

This property features: Two residential units; Located in Cleveland’s Ohio City neighborhood; Near downtown Cleveland