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Renovated Apartment Building
New
For Sale
$999,480

1874 Marloes Avenue, East Cleveland, OH 44112

CommercialSale, East Cleveland, OH

Property Size16,731 SF
Lot Size0.42 Acres
Price / SF$59.74
Days on Market3

Property Features for 1874 Marloes Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Rooms Basement
Subdivision H A Hawgoods
Elementary school district East Cleveland CSD - 1812
Middle school district East Cleveland CSD - 1812
High school district East Cleveland CSD - 1812
Directions From I-90: Take I-90 to the East 152nd St exit. Head south on E 152nd St, then turn onto Marloes Ave. Continue to 1874 Marloes Ave, East Cleveland, OH 44112.
Standard status Active
APN 672-24-063
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 5 HAWGOOD &S/L27 ALL TO 30 ALL & NEXT SOUTH
Tax Annual Amount 16273
Legal Description 5 HAWGOOD &S/L27 ALL TO 30 ALL & NEXT SOUTH

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Listing Agency: Ohio Property Group, LLC
Listed By: Glen G Whitten · License #2002023149
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 10 at 5:06AM
MLS# 5243101

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.

The Marloes Apartments is a 24-unit, three-story low-rise apartment property with a full basement and 16,731 SF of living space. The building contains one-bedroom, one-bath residences averaging 750 SF, with a red brick exterior and composition roof. Originally built in 1920, the property was updated in 2014 and is reported at 100% occupancy.

The 0.43-acre site is located at 1874 Marloes Avenue in East Cleveland, Ohio. On-street parking serves the property, while public water and public sewer provide utility service. Building systems include forced-air heating and central air conditioning, supporting the residential layout across the three-story structure.

Key Highlights

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

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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, full-basement storage, central air, and forced-air heating.
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 $999,480.
What are key features of this property?
This property features: 24‑unit apartment property with 16,731 SF of living space; One‑bedroom, one‑bath units averaging 750 SF; 100% occupancy reported
More about this property
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