35-Unit Brick Apartment
For Sale
Contact for pricing
1581 Coventry Rd, Cleveland, OH 44118
Fully occupied residential income property with a mix of one- and two-bedroom apartments.
Property SizeContact for details
Days on Market663
Property Features for 1581 Coventry Rd
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Year Built
1943
Stories
3
Listing Agency:
Berkshire Hathaway HomeServices Professional Realty Mason
Listed By:
David Mussari · License #BRKP.2007001761
Source:
Crexi
Added: Nov 8, 2024
Changed: Sep 1
Last Checked: Sep 1 at 10:21PM
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 Berkshire Hathaway HomeServices Professional Realty Mason
Investment Insights
Based on property information with market context.
This apartment building contains 35 units within an all-brick structure built in 1943. The unit mix includes 23 one-bedroom, one-bath apartments and 12 two-bedroom, one-bath apartments, providing a range of residential configurations within one property.
The building is currently fully occupied and includes an existing manager who may be willing to remain following the transfer of title. Its established apartment layout and occupied status provide a straightforward multifamily operating profile for review.
The building is currently fully occupied and includes an existing manager who may be willing to remain following the transfer of title. Its established apartment layout and occupied status provide a straightforward multifamily operating profile for review.
Key Highlights
- 35 apartments in an all‑brick building
- Unit mix includes 23 one‑bedroom, one‑bath apartments
- 12 two‑bedroom, one‑bath apartments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
Demographics for 44118, OH
40,242
Population
17,849
Households
2.3
Avg Household Size
35
Median Age
61%
College-Educated
96%
High-School Grad
7.0 sq mi
ZIP Area
5,749
Density / Sq Mi
$76,328
Median Household Income
$44,837
Median Earnings
$1,195
Median Rent
$205,600
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?
Apartment building - Fully occupied residential income property with a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 1581 Coventry Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $2,185,500.
What are key features of this property?
This property features: 35 apartments in an all‑brick building; Unit mix includes 23 one‑bedroom, one‑bath apartments; 12 two‑bedroom, one‑bath apartments
