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7-Unit Brick Apartment Building
For Sale
$185,000

1381 E 84 Street, Cleveland, OH 44103

Built in 1920, the property has separate gas and electric meters for each apartment and a single building-wide water meter.

Property Size6,661 SF
Price / SF$27.77
Days on Market141

Property Features for 1381 E 84 Street

General Information

Standard status Active
Size 6,661 SF
Property subtype Apartment

Property Condition

Severity Repairs Needed
Evidence additional repairs and improvements are needed

Site & Location

Neighborhood Hough
Utilities to Site Yes

Units

Unit Mix 7 x 1BR
Multifamily Units 7
Individually Metered Utilities gas, electric

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,514

Building Details

Building Size 6,661 SF
Year Built 1920
Buildings 1
Construction brick
Listing Agency: Life Stages Realty LLC
Listed By: Nicolette Kuebeler · License #2022002552
Source: Lifestagesrealty
Added: Jun 9 Changed: Oct 26 Last Checked: Oct 26 at 2:48PM

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 Life Stages Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This 6,661-square-foot brick apartment property was built in 1920 and appears to contain seven one-bedroom units. Vinyl replacement windows have been installed, but further repairs are needed, including replacement of the water heaters. Water service is active; other utilities are currently off. Each apartment has separate gas and electric meters, while the building has one water meter. Electric heat appears to serve the units, and ranges and water heaters appear to use gas.

Three occupants currently reside in the building. No leases are available, and the property is being sold as-is. Buyers should evaluate the building's condition and utility status as part of their due diligence.

Key Highlights

  • Seven apparent one‑bedroom apartments in a 6,661‑square‑foot brick building
  • Built in 1920
  • Vinyl replacement windows have been installed; repairs remain necessary, including water heater replacement

Property Analytics

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Lease Details

7
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

Demographics for 44103, OH

14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1920, the property has separate gas and electric meters for each apartment and a single building-wide water meter.
Where is this apartment building located?
The property is located at 1381 E 84 Street Cleveland, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Seven apparent one‑bedroom apartments in a 6,661‑square‑foot brick building; Built in 1920; Vinyl replacement windows have been installed; repairs remain necessary, including water heater replacement
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