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4-Unit Apartment Building
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1852 West 45th Street, Cleveland, OH 44102

Four separately accessed residences feature a mix of one- and two-bedroom layouts and individual laundry hookups.

Property SizeContact for details
Days on Market11

Property Features for 1852 West 45th Street

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 4

Amenities

dedicated laundry hookups
Listing Agency: RE/MAX Haven Realty
Listed By: Michael Azzam · License #SAL.2014004734
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 26 at 7:41AM

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 Cleveland four-unit property contains two two-bedroom, one-bath residences and two one-bedroom, one-bath residences. Each unit has a private entrance and laundry hookups. Interior features include LVP flooring, updated bathrooms, kitchens, lighting, and plumbing fixtures. Vinyl windows and siding, PVC plumbing, newer hot water tanks, and newer furnaces are also present. Gas and electric service are separately metered, and the basement provides storage space.

One residence is occupied under a 12-month lease, while the other three units are vacant. Professional management is already in place and is willing to continue. The property is on Cleveland’s west side, with MetroHealth Medical Center, Wendy Park, Edgewater Park, Ohio City, Gordon Square Arts District, and Downtown Cleveland identified as nearby destinations.

Key Highlights

  • Four units: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
  • One unit occupied under a 12‑month lease; three units vacant
  • Private entrance and laundry hookups for each unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Accounting Firm Tech Support Center Plumbing Service Veterinary Clinic

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

4
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,352
Businesses Nearby

Demographics for 44102, OH

43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Four separately accessed residences feature a mix of one- and two-bedroom layouts and individual laundry hookups.
Where is this quadplex located?
The property is located at 1852 West 45th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Four units: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; One unit occupied under a 12‑month lease; three units vacant; Private entrance and laundry hookups for each unit
(440) 503-9609 Call to check price and availability
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