15000 Euclid Avenue East Cleveland, OH 44112
41-unit apartment building with recent improvements and income potential.
Type:MF, MF-MID
- Added:
- Feb 19, 2026
- Days on Market:
- 59
- Last Refresh:
- Apr 3 at 4:57 am
Property Features for 15000 Euclid Avenue
General Information
- Standard status
- Active
- Property subtype
- MF, MF-MID
Building Details
- Year Built
- 1915
Listing agent Douglas J. Ryan License #393609, Ohio (614) 374-6919
Listing office KW Commercial | Classic Properties of Columbus LLC- Upper Arlington OH 43221 - Upper Arlington OH 43221 - Upper Arlington OH 43221 (614) 374-6919
Listing date Feb 19, 2026
Source Realnex
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 KW Commercial | Classic Properties of Columbus LLC- Upper Arlington OH 43221 - Upper Arlington OH 43221 - Upper Arlington OH 43221
Overview
East Cleveland Apartment Building
The Grasmere Apartments, located in East Cleveland, feature 41 units and benefit from recent improvements to electrical and plumbing systems, as well as refreshed units. The low-maintenance masonry construction includes separately metered electric. The owner is in the process of leasing the building, presenting an opportunity for new management. The building has the potential to provide returns, utilizing a history of market rents and affordable housing programs. Several shell units remain in the lower level, offering the opportunity to increase the number of total units or enhance common areas. On-site laundry, electronic keyed entry, security cameras, and a recently improved fire alarm system provide convenience for residents. The market has responded well to Section 8 and Eden vouchers. Grasmere Apartments offer affordable one and two-bedroom units in the 44112 area of Cleveland, close to public transportation, parks, shopping, recreation, and University Circle. The units feature newer appliances, walk-in closets, and upgraded kitchens and bathrooms. The property is intended for use as an apartment building, multifamily property, or residential income property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- East Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5762262
- Latitude
- 41.5352625
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 41-unit apartment building with recent improvements and income potential.
Where is this apartment building located?
The property is located at 15000 Euclid Avenue East Cleveland, OH.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Significant recent improvements to electrical, plumbing, and unit interiors.; Opportunity to increase unit count or add common areas by finishing shell units in the lower level.; Potential for impressive returns based on market rents and affordable housing programs.
