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East Cleveland Multifamily Investment Opportunity
For Sale
$4,653,835

1832 Forest Hills Blvd, East Cleveland, OH 44112

Multifamily property in East Cleveland, OH available for purchase.

Property Size60,822 SF
Days on Market114

Property Features for 1832 Forest Hills Blvd

General Information

Standard status Active
Size 60,822 SF
Class C
Property subtype Multi-Family

Building Details

Building Size 60,822 SF
Year Built 1944
Year Renovated 2025
Stories 2
Units 70
Listing Agency: NAI Pleasant Valley
Listed By: Evan Pannell · License #2017005596
Source: Commercialcafe
Added: May 20 Changed: Aug 31 Last Checked: Sep 9 at 5:38AM

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 NAI Pleasant Valley

Investment Insights

Based on property information with market context.

This multifamily property is located in East Cleveland, Ohio. The property is intended for use as a residential income property.

Key Highlights

  • Multifamily property available for purchase
  • Located in East Cleveland, OH
  • Year Built: 1944

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property in East Cleveland, OH available for purchase.
Where is this multifamily property located?
The property is located at 1832 Forest Hills Blvd East Cleveland, OH.
What is the asking price?
The asking price for this property is $4,653,835.
What are key features of this property?
This property features: Multifamily property available for purchase; Located in East Cleveland, OH; Year Built: 1944
More about this property
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