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Renovated Apartment Building
For Sale
$1,100,000

1874 Marloes Ave, East Cleveland, OH 44112

Three-story multifamily property with one-bedroom residences and full-basement support space.

Property Size16,731 SF
Lot Size0.43 Acres
Price / SF$65.75
Days on Market36

Property Features for 1874 Marloes Ave

General Information

Standard status Active
Size 16,731 SF
Class Class B
Lot size 0.43 Acres
Occupancy 100%

Units

Unit Mix 24 x 1BR/1BA
Multifamily Units 24

Building Details

Year Built 1920
Year Renovated 2014
Stories 3
Construction brick
Listing Agency: Chosen Real Estate Group
Listed By: Nicholas J Huscroft · License #2022001015
Source: Theacclaimedrealty
Added: Jul 26 Changed: Aug 28 Last Checked: Aug 29 at 12:34PM

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 Chosen Real Estate Group

Investment Insights

Based on property information with market context.

The Marloes Apartments is a 24-unit apartment property completed in 1920 and renovated in 2014. The three-story low-rise building contains 16,731 SF of living area above a full basement, with one-bedroom, one-bath residences averaging 750 SF. The property is classified as Class B and carries Multi-Family zoning.

Located at 1874 Marloes Avenue in East Cleveland, Ohio, the 0.43-acre site features a red brick exterior, composition roofing, and on-street parking. Occupancy is reported at 100%, providing a fully occupied multifamily asset with established residential improvements.

Key Highlights

  • 24‑unit apartment property with 100% occupancy
  • 16,731 SF of living space on a 0.43‑acre lot
  • One‑bedroom, one‑bath units averaging 750 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Dental Office Skin Care 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

24
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

492
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

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?
Apartment building - Three-story multifamily property with one-bedroom residences and full-basement support space.
Where is this apartment building located?
The property is located at 1874 Marloes Ave East Cleveland, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 24‑unit apartment property with 100% occupancy; 16,731 SF of living space on a 0.43‑acre lot; One‑bedroom, one‑bath units averaging 750 SF
More about this property
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