5-Unit Apartment
New
For Sale
$325,000
1386 E 43, Cleveland, OH 44103
Two separate structures provide four two-bedroom apartments and a three-bedroom house.
Property SizeContact for details
Days on Market5
Property Features for 1386 E 43
General Information
Standard status
Active
Occupancy
40%
Site & Location
Neighborhood
Hough
Utilities to Site
Yes
Units
Unit Mix
4 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
5
Individually Metered Utilities
unspecified utilities
Additional Details
Asking Price
$325,000
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,564
Amenities
true
false
Public
0.12
Public Records
No Garage
Building Details
Year Built
1908
Buildings
2
Listing Agency:
(304) 501-5212
Listed By:
Karen Ullom
Source:
Karenullomrealty
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:55PM
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 Karen Ullom
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Investment Insights
Based on property information with market context.
Built in 1908, this five-unit apartment property comprises a brick building with four two-bedroom, one-bath units and a separate rear house with three bedrooms and one bath. Two apartments are occupied; the other three are vacant and being refreshed. Interior renovations were completed within the past couple of years, and the exterior has also been updated. Electrical wiring and panels have been replaced throughout. Each unit has separate metering, its own furnace and a dedicated hot water tank, and all five units have rental licenses.
The property is in Cleveland’s Goodrich-Kirtland Park neighborhood, roughly two miles from downtown and within three miles of the Cleveland Clinic’s main campus. The surrounding submarket is approximately 65% renter-occupied.
The property is in Cleveland’s Goodrich-Kirtland Park neighborhood, roughly two miles from downtown and within three miles of the Cleveland Clinic’s main campus. The surrounding submarket is approximately 65% renter-occupied.
Key Highlights
- Five units across two structures: a brick four‑unit building and a separate rear house
- Four apartments have two bedrooms and one bath; the rear house has three bedrooms and one bath
- Electrical wiring and panels replaced throughout
Property Analytics
Lease Details
5
Residential units
40%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two separate structures provide four two-bedroom apartments and a three-bedroom house.
Where is this apartment building located?
The property is located at 1386 E 43 Cleveland, OH.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Five units across two structures: a brick four‑unit building and a separate rear house; Four apartments have two bedrooms and one bath; the rear house has three bedrooms and one bath; Electrical wiring and panels replaced throughout
