Newly Built Apartment
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1862 East 123rd Street, Cleveland, OH 44106
Multifamily property with varied floor plans, granite countertops, stainless steel appliances, and in-unit laundry.
Property Size80,377 SF
Days on Market3
Property Features for 1862 East 123rd Street
General Information
Standard status
Active
Size
80,377 SF
Total Parking Spaces
80
Property subtype
Multifamily
Additional Details
Multifamily Units
80
Amenities
granite countertops
stainless steel appliances
in-unit laundry
Building Details
Year Built
2023
Stories
4
Units
80
Tenancy
Single
Listing Agency:
Cushman & Wakefield CRESCO Real Estate
Listed By:
David Leb · License #OH SAL.2015004836
Source:
Crexi
Added: Aug 10
Changed: Aug 12
Last Checked: Aug 12 at 12:36PM
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 Cushman & Wakefield CRESCO Real Estate
Investment Insights
Based on property information with market context.
The Monroe is an 80-unit apartment property completed in 2023. Residences feature granite countertops, stainless steel appliances, and in-unit laundry, with a diverse mix of apartment layouts across the building.
Located at 1862 East 123rd Street in Cleveland’s University Circle, the property is near Cleveland Clinic Main Campus, University Hospitals, and Case Western Reserve University. These nearby medical and higher-education institutions are identified as major area employment and education centers.
The asset is described as newly constructed and turnkey, offering a recently delivered multifamily building with modern in-unit features and an established University Circle address.
Located at 1862 East 123rd Street in Cleveland’s University Circle, the property is near Cleveland Clinic Main Campus, University Hospitals, and Case Western Reserve University. These nearby medical and higher-education institutions are identified as major area employment and education centers.
The asset is described as newly constructed and turnkey, offering a recently delivered multifamily building with modern in-unit features and an established University Circle address.
Key Highlights
- 80‑unit apartment property completed in 2023
- Located in Cleveland’s University Circle
- Near Cleveland Clinic Main Campus, University Hospitals, and Case Western Reserve University
Property Analytics
Property Profile
Current Use
Lease Details
80
Residential units
Location Intelligence
Trade Area within ½ mile
3,439
Businesses Nearby
Explore this area
Business Placement
Demographics for 44106, OH
26,608
Population
13,287
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
6,188
Density / Sq Mi
$42,869
Median Household Income
$27,056
Median Earnings
$1,024
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with varied floor plans, granite countertops, stainless steel appliances, and in-unit laundry.
Where is this apartment building located?
The property is located at 1862 East 123rd Street Cleveland, OH.
What are key features of this property?
This property features: 80‑unit apartment property completed in 2023; Located in Cleveland’s University Circle; Near Cleveland Clinic Main Campus, University Hospitals, and Case Western Reserve University
