Value-Add Apartment
For Sale
$224,900
16004 Euclid Avenue, Cleveland, OH 44112
39-unit apartment building offered as-is in distressed condition requiring substantial rehabilitation.
Days on Market15
Property Features for 16004 Euclid Avenue
General Information
Standard status
Active
Property subtype
Apartment
Additional Details
Multifamily Units
39
Amenities
3
Building Details
Year Built
1962
Listing Agency:
Woodlake Realty LLC
(440) 367-8047
Listed By:
Ron Dahlhofer
(440) 367-8047
Source:
Xome
Added: Jul 19
Changed: Jul 26
Last Checked: Aug 2 at 4:22AM
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 Woodlake Realty LLC
Investment Insights
Based on property information with market context.
This 39-unit apartment building at 16004 Euclid Avenue is being sold as-is. The property is described as being in distressed condition, with nearly every unit requiring substantial renovation and modernization.
The offering is positioned as a value-add opportunity centered on a full-scale rehabilitation and repositioning. The remarks indicate scope to renovate units, improve common areas, and implement professional management.
The property is intended for buyers who plan to conduct their own due diligence regarding condition, zoning, and any redevelopment opportunities.
The offering is positioned as a value-add opportunity centered on a full-scale rehabilitation and repositioning. The remarks indicate scope to renovate units, improve common areas, and implement professional management.
The property is intended for buyers who plan to conduct their own due diligence regarding condition, zoning, and any redevelopment opportunities.
Key Highlights
- 39‑unit apartment building at 16014 Euclid Avenue
- Offered as‑is in distressed condition requiring substantial rehabilitation to nearly all units
- Year built: 1962
Property Analytics
Current Use
Lease Details
39
Residential units
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
Explore this area
Business Placement
Demographics for 44112, OH
18,685
Population
11,828
Households
1.6
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
4.0 sq mi
ZIP Area
4,671
Density / Sq Mi
$28,957
Median Household Income
$27,204
Median Earnings
$802
Median Rent
$77,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 39-unit apartment building offered as-is in distressed condition requiring substantial rehabilitation.
Where is this apartment building located?
The property is located at 16004 Euclid Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 39‑unit apartment building at 16014 Euclid Avenue; Offered as‑is in distressed condition requiring substantial rehabilitation to nearly all units; Year built: 1962
