Renovated Mixed-Use
For Sale
Under Contract
$315,000
18515 Underwood Avenue, Cleveland, OH 44119
SINGLE_FAMILY - Cleveland, OH
Property Size4,350 SF
Lot Size0.25 Acres
Price / SF$72.41
Days on Market107
Property Features for 18515 Underwood Avenue
General Information
Property type
Residential
Property subtype
Office
Rooms
Basement
Parking
13
Subdivision
Berwick 03
Elementary school district
Cleveland Municipal - 1809
Middle school district
Cleveland Municipal - 1809
High school district
Cleveland Municipal - 1809
Directions
Turn east off E185 @ the BP/7-11. Parking in the front is limited, street parking available, large parking lot in rear of buildings.
Standard status
Active Under Contract
APN
114-24-042
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
14 S/L 1604 TO 1607 ALL 11424043
Tax Annual Amount
5022
Legal Description
14 S/L 1604 TO 1607 ALL 11424043
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Amenities
shared kitchen
shared conference room
Building Details
Year built
1900
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Chassity Miller · License #2017005555
(330) 604-2363
Added: Apr 30
Changed: Aug 13
Last Checked: Aug 14 at 6:06PM
MLS# 5206020
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property consists of two renovated buildings totaling approximately 4,350 GSF on one parcel. The larger structure contains about 2,800 GSF across two levels, with 10 private offices, a shared kitchen, and a conference room. Five offices are leased on gross terms, while five are available. The second building provides approximately 1,550 GSF over two floors and is currently vacant. Its stated potential uses include residential rental, professional office, and medical or clinic operations under Residence-Office District zoning.
The property includes 13-15 on-site surface parking spaces. Public water and sewer serve the site, with heat pump heating and central air conditioning. Built in 1900, the buildings offer separate configurations that can support combined or distinct occupancy arrangements.
The property includes 13-15 on-site surface parking spaces. Public water and sewer serve the site, with heat pump heating and central air conditioning. Built in 1900, the buildings offer separate configurations that can support combined or distinct occupancy arrangements.
Key Highlights
- Two renovated buildings totaling +/-4,350 GSF on one parcel
- Two‑story office building with +/-2,800 GSF and 10 individual offices
- Five offices leased on gross terms; five offices available
Property Analytics
Property Profile
Current Use
Lease Details
11
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Explore this area
Business Placement
Demographics for 44119, OH
12,134
Population
6,941
Households
1.7
Avg Household Size
44
Median Age
19%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
5,515
Density / Sq Mi
$48,268
Median Household Income
$36,556
Median Earnings
$927
Median Rent
$109,700
Median Home Value
Market
Vacancy Rate% for Office in Cleveland, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine office suites with a separate flexible-use facility.
Where is this mixed-use property located?
The property is located at 18515 Underwood Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two renovated buildings totaling +/-4,350 GSF on one parcel; Two‑story office building with +/-2,800 GSF and 10 individual offices; Five offices leased on gross terms; five offices available
