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12-Unit Renovated Apartment Building
For Sale
$1,025,000

18911 Bella Drive, Cleveland, OH 44119

CommercialSale, Cleveland, OH

Property SizeContact for details
Lot Size0.36 Acres
Days on Market113

Property Features for 18911 Bella Drive

General Information

Property type Commercial Sale
Property subtype Apartment
Subdivision Kazens Bella Drive Resub 01
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions 90 to 185th street North. East on Bella
Standard status Active
APN 114-23-033
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TR 14 KAZENBELDR RES #1 0012 ALL
Tax Annual Amount 15987
HOA Fee $2,200 Annually
Legal Description TR 14 KAZENBELDR RES #1 0012 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

laundry rooms

Building Details

Year built 1962
Listing Agency: Keller Williams Greater Cleveland Northeast · Keller Williams Realty
Listed By: Geoffrey DelGrosso · License #2020002251
Added: May 11 Changed: Aug 20 Last Checked: Aug 31 at 9:06AM
MLS# 5209202

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.

This 12-unit apartment property, built in 1962, offers a balanced mix of six two-bedroom, one-bath units and six one-bedroom, one-bath units. Eight apartments have been renovated over the past two years, while additional work includes a replacement roof, refreshed entry doors, improved laundry rooms, and upgraded mechanical systems. Heating is provided by forced air.

The property has completed full lead abatement and carries a 20-year lead-free certification. Public water and public sewer serve the building, supporting its established multifamily configuration.

Renovated units, updated building components, and a defined unit mix provide a clear physical profile for evaluating the asset and its ongoing operations.

Key Highlights

  • 12‑unit apartment property with six 2bed/1bath units and six 1bed/1bath units
  • 8 of 12 units renovated over the past two years
  • Full lead abatement completed with a 20‑year lead‑free certification

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

664
Businesses Nearby

Demographics for 44119, OH

12,134
Population
6,941
Households
1.7
Avg Household Size
44
Median Age
19%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
5,515
Density / Sq Mi
$48,268
Median Household Income
$36,556
Median Earnings
$927
Median Rent
$109,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with updated building systems, renovated common areas, and public utilities.
Where is this apartment building located?
The property is located at 18911 Bella Drive 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: 12‑unit apartment property with six 2bed/1bath units and six 1bed/1bath units; 8 of 12 units renovated over the past two years; Full lead abatement completed with a 20‑year lead‑free certification
More about this property
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