Two-Family Property with
For Sale
$199,900
1960 W 48 St, Cleveland, OH 44102
Partially renovated residence with updated exterior components and flexibility for a single-family or multifamily redevelopment.
Property Size1,718 SF
Price / SF$116.36
Days on Market74
Property Features for 1960 W 48 St
General Information
Standard status
Active
Size
1,718 SF
Property subtype
Multi-Family
Building Details
Year Built
1900
Listing Agency:
Progressive Urban Real Estate Co
Listed By:
David S Sharkey
(216) 533-1617
Source:
Theacclaimedrealty
Added: Aug 4
Changed: Oct 13
Last Checked: Oct 7 at 5:02PM
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 Progressive Urban Real Estate Co
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,718-square-foot multifamily property was gutted and is positioned for continued renovation. Exterior improvements include a new roof, gutters, siding, and windows, while the interior retains flat floors and a full basement. The property is currently zoned for two-family use and may be renovated as either a single-family residence or an upscale multifamily property, subject to applicable requirements.
The home is in Ohio City, with the Market District to the east, Gordon Square and Edgewater Park to the north, and the Lorain Avenue retail district a half block south. Downtown and University Circle are accessible via the Lakefront Shoreway or I-90. The Red Line Greenway and Towpath Trail are also available for biking and walking connections.
The home is in Ohio City, with the Market District to the east, Gordon Square and Edgewater Park to the north, and the Lorain Avenue retail district a half block south. Downtown and University Circle are accessible via the Lakefront Shoreway or I-90. The Red Line Greenway and Towpath Trail are also available for biking and walking connections.
Key Highlights
- 1,718‑square‑foot multifamily property
- New roof, gutters, siding, and windows
- Gutted interior ready for continued renovation
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Explore this area
Business Placement
Demographics for 44102, OH
43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Partially renovated residence with updated exterior components and flexibility for a single-family or multifamily redevelopment.
Where is this multifamily property located?
The property is located at 1960 W 48 St Cleveland, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,718‑square‑foot multifamily property; New roof, gutters, siding, and windows; Gutted interior ready for continued renovation
