Value-Add Investment Opportunity in
For Sale
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14639 Coit Rd, Cleveland, OH 44110
Partially renovated property with cosmetic upgrades remaining for rent optimization.
Property Size5,456 SF
Price / SF$22.91
Days on Market160
Property Features for 14639 Coit Rd
General Information
Standard status
Active
Size
5,456 SF
Class
B
Property subtype
Mixed Use, Multifamily
Investment Type
Value Add
Building Details
Buildings
1
Units
6
Listing Agency:
Budget Real Estate NYC INC
(347) 517-8828
Listed By:
Inbal Levy · License #NY 10311208049
Source:
Crexi
Added: Mar 17
Changed: Aug 8
Last Checked: Aug 8 at 2:49PM
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 Budget Real Estate NYC INC
Investment Insights
Based on property information with market context.
The property at 14639 Coit Road in Cleveland, OH, offers a value-add investment opportunity. Key improvements have already been made, including updated windows, electrical, plumbing, and interior wall work. The remaining renovations are primarily cosmetic, involving flooring, paint, cabinetry, and interior finishes. This allows for stabilization and rent optimization. The property is located in a strong rental corridor of Cleveland, offering the ability to capitalize on increasing rental demand by delivering a refreshed, modernized product to the market. The 5,456 square foot property is suitable for investors and operators looking to execute a value-add business plan with reduced construction risk. The property is a mixed-use and multifamily property.
Key Highlights
- Value‑add investment opportunity with significant upside potential in the Cleveland market.
- Key improvements already completed: updated windows, electrical, plumbing, and interior wall work.
- Remaining renovation is primarily cosmetic: flooring, paint, cabinetry, and interior finishes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 44110, OH
17,617
Population
11,140
Households
1.6
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
4.1 sq mi
ZIP Area
4,297
Density / Sq Mi
$30,973
Median Household Income
$28,263
Median Earnings
$821
Median Rent
$62,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Partially renovated property with cosmetic upgrades remaining for rent optimization.
Where is this mixed-use property located?
The property is located at 14639 Coit Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Value‑add investment opportunity with significant upside potential in the Cleveland market.; Key improvements already completed: updated windows, electrical, plumbing, and interior wall work.; Remaining renovation is primarily cosmetic: flooring, paint, cabinetry, and interior finishes.
