24-Unit Apartment
For Sale
$999,500
Pending
1874 Marloes Avenue, East Cleveland, OH 44112
Three residential levels sit above a full basement, with one-bedroom apartments averaging 750 square feet.
Property Size16,731 SF
Lot Size0.43 Acres
Days on Market54
Property Features for 1874 Marloes Avenue
General Information
Standard status
Pending
Size
16,731 SF
Class
Class B
Lot size
0.43 Acres
Property subtype
Apartment
Occupancy
100%
Units
Unit Mix
24 x 1BR/1BA
Multifamily Units
24
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$16,273
Building Details
Building Size
16,731 SF
Year Built
1920
Year Renovated
2014
Stories
3
Construction
brick
Listing Agency:
Ohio Property Group, LLC
Listed By:
Glen G Whitten · License #2002023149
(419) 790-3106
Source:
Lifestagesrealty
Added: Sep 8
Changed: Oct 30
Last Checked: Oct 30 at 10:46AM
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 Ohio Property Group, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 24-unit apartment property in East Cleveland contains 16,731 square feet of living space on a 0.43-acre parcel. The three-story building has a full basement and one-bedroom, one-bathroom apartments averaging 750 square feet. Built in 1920 and updated in 2014, it has a red brick exterior and a composition roof.
The property is reported at 100% occupancy. Parking is available on the street. Together, the unit mix, building configuration, and existing occupancy provide a concise picture of the property’s current residential use.
The property is reported at 100% occupancy. Parking is available on the street. Together, the unit mix, building configuration, and existing occupancy provide a concise picture of the property’s current residential use.
Key Highlights
- 24 apartments with one bedroom and one bathroom each
- 16,731 square feet of living space on a 0.43‑acre lot
- Units average 750 square feet
Property Analytics
Lease Details
24
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Apartment building - Three residential levels sit above a full basement, with one-bedroom apartments averaging 750 square feet.
Where is this apartment building located?
The property is located at 1874 Marloes Avenue East Cleveland, OH.
What is the asking price?
The asking price for this property is $999,500.
What are key features of this property?
This property features: 24 apartments with one bedroom and one bathroom each; 16,731 square feet of living space on a 0.43‑acre lot; Units average 750 square feet
