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Multifamily Community on Bella Drive

18911 Bella Dr Cleveland, OH 44119

18911 Bella Dr, Cleveland, OH, 44119
$1,025,000
For Sale
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$1,025,000

Stabilized 12-unit multifamily asset with significant capital improvements.

AddedMay 18
Days on Market60
Last RefreshJul 16 at 2:17 am

Property Features for 18911 Bella Dr

General Information

Standard status
Active
Property subtype
MultiFamily Apartments

Building Details

Year Built
1962

Listing office The Osborne Group

Listing date May 18, 2026

Source Thebrokerlist

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 The Osborne Group


Investment Insights

Based on property information with market context.

This well-appointed multifamily community on Bella Drive offers a stabilized resident experience with traditional architectural details, generous unit layouts, and thoughtfully landscaped grounds. The property is a mostly renovated 12-unit multifamily asset with significant capital improvements already completed. Over the past two years, the current ownership has renovated 8 of the 12 units, achieving strong rent growth while maintaining stable occupancy. The property has undergone full lead abatement and holds a 20-year lead-free certification, significantly reducing regulatory risk. Additional recent capital improvements include a new roof, updated entry doors, renovated laundry rooms, and upgraded mechanical systems. Residents appreciate private entrances, abundant natural light, and refreshed interiors featuring quality fixtures and finishes. Community amenities include dedicated parking and secure access, while building systems reflect ongoing upkeep and proactive maintenance attention. The property’s design fosters long-term tenancy, and its configuration accommodates a variety of unit mix strategies. This residential apartment community in Cleveland offers easy access to local amenities in Cuyahoga County. The property is ideal for investors seeking a hands-on asset with proven occupancy and potential upside through interior enhancements or modest amenity upgrades.

Key Highlights

  • Significant capital improvements completed, including 8 of 12 units renovated, a new roof, updated entry doors, renovated laundry rooms, and upgraded mechanical systems.
  • Full lead abatement completed with a 20‑year lead‑free certification, reducing regulatory risk.
  • Stabilized asset with in‑place income and remaining upside through further unit renovations or amenity upgrades.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Tech Support Center (Bike/Boat/Book/etc) Store Electrical Service Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Stabilized 12-unit multifamily asset with significant capital improvements.
Where is this apartment building located?
The property is located at 18911 Bella Dr Cleveland, OH.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Significant capital improvements completed, including 8 of 12 units renovated, a new roof, updated entry doors, renovated laundry rooms, and upgraded mechanical systems.; Full lead abatement completed with a 20‑year lead‑free certification, reducing regulatory risk.; Stabilized asset with in‑place income and remaining upside through further unit renovations or amenity upgrades.
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