Search
12-Unit Apartment Building
For Sale
$525,000
Pending

17740 Lake Shore Blvd, Cleveland, OH 44108

Well-maintained 12-unit apartment building with secured entry, on-site laundry, and off-street parking with one space per unit.

Property SizeContact for details
Days on Market92

Property Features for 17740 Lake Shore Blvd

General Information

Standard status Pending
Total Parking Spaces 12

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $20,818

Building Details

Stories 3
Tenancy Multi
Listing Agency: RE/MAX Haven Realty
Listed By: Michael Azzam · License #2014004734
Source: Exprealty
Added: Jun 9 Changed: Sep 4 Last Checked: Sep 7 at 10:50AM

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 RE/MAX Haven Realty

Investment Insights

Based on property information with market context.

This well-maintained 12-unit apartment building is arranged with four units on each floor. The units are 1 bedroom and 1 bathroom, each featuring a spacious living room and a functional kitchen. Building improvements include a flat rolled roof repaired in 2022 and a central boiler system serviced and repaired in 2026. The property is lead-safe certified as of October 2025.

Amenities include a secured common entrance with individual mailboxes, dedicated tenant storage areas, paid on-site laundry facilities, off-street parking with one assigned space per unit, and an on-site dumpster for convenient trash service. The current unit status includes a recently renovated unit (Unit 101) taken down to the studs after a water line leak, as well as Units 102 and 204 currently vacant and being marketed, with Unit 104 scheduled to become available.

The building benefits from full-service property management with dedicated departments for leasing, marketing, and tenant communication, as well as rehab and construction services for remote investors. The property is located along Lake Shore Boulevard, providing access to Interstate 90 and the Downtown Cleveland, Euclid, and Lake Erie area.

Key Highlights

  • 12‑unit apartment building built in 1961 with four units per floor
  • Each unit has 1 bed and 1 bath with a spacious living room and functional kitchen
  • Capital improvements include flat rolled roof repair in 2022 and central boiler serviced and repaired in 2026

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Dental Office Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

Demographics for 44108, OH

20,005
Population
11,798
Households
1.7
Avg Household Size
41
Median Age
16%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,446
Density / Sq Mi
$32,530
Median Household Income
$29,040
Median Earnings
$910
Median Rent
$62,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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 - Well-maintained 12-unit apartment building with secured entry, on-site laundry, and off-street parking with one space per unit.
Where is this apartment building located?
The property is located at 17740 Lake Shore Blvd Cleveland, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 12‑unit apartment building built in 1961 with four units per floor; Each unit has 1 bed and 1 bath with a spacious living room and functional kitchen; Capital improvements include flat rolled roof repair in 2022 and central boiler serviced and repaired in 2026
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message