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Multifamily Property with Renovation Materials
For Sale
$114,900

1965 Nelawood Road, Cleveland, OH 44112

Vacant building includes new fixtures, finish materials, and hardware for a planned renovation.

Property SizeContact for details
Days on Market131

Property Features for 1965 Nelawood Road

General Information

Standard status Active
Property subtype Duplex

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,851

Building Details

Year Built 1925
Listing Agency: Keller Williams Greater Metropolitan
Listed By: Judith E Lesesne · License #2020008663
Source: Lifestagesrealty
Added: Jun 20 Changed: Oct 26 Last Checked: Oct 26 at 3:45PM

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 Keller Williams Greater Metropolitan

Rey
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Investment Insights

Based on property information with market context.

Built in 1925, this vacant multifamily property is offered with a package of new materials for updating interior and exterior finishes. Included items cover lighting fixtures, ceiling fans, flooring for kitchens and bathrooms, faucets, tub surrounds, vanities, illuminated mirrors, towel bars, toilet paper holders, electrical outlets and switches, and cabinet hardware.

Key Highlights

  • Built in 1925
  • Vacant multifamily property
  • Included materials include flooring, lighting, plumbing fixtures, bathroom accessories, electrical components, and cabinet hardware

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

436
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Vacant building includes new fixtures, finish materials, and hardware for a planned renovation.
Where is this triplex located?
The property is located at 1965 Nelawood Road Cleveland, OH.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Built in 1925; Vacant multifamily property; Included materials include flooring, lighting, plumbing fixtures, bathroom accessories, electrical components, and cabinet hardware
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