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11-Unit Multifamily Building
For Sale
$799,999

2115 Silverdale Ave, Cleveland, OH 44109

Updated multifamily property with studio and one-bedroom apartments, on-site parking, and basement laundry.

Property SizeContact for details
Days on Market55

Property Features for 2115 Silverdale Ave

General Information

Standard status Active

Units

Unit Mix 8 x studio, 3 x 1BR/1BA
Multifamily Units 11

Taxes and HOA fees

Annual Taxes $15,661

Amenities

on-site parking
basement laundry facilities
security camera surveillance system
Listing Agency: Keller Williams Elevate
Listed By: Antonio Biasiotta · License #2015003682
Source: Exprealty
Added: Jul 7 Changed: Aug 21 Last Checked: Aug 29 at 1:55PM

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 Elevate

Investment Insights

Based on property information with market context.

Located at 2115 Silverdale Avenue in Cleveland, Ohio, this 11-unit apartment building includes 8 studio apartments and 3 one-bedroom, one-bathroom units. Property features include on-site parking, basement laundry facilities, interior updates, and a security camera surveillance system.

Capital improvements include Lead-Safe Certification, a repaved parking lot, upgraded exterior lighting, and double-pane replacement windows installed approximately five years ago. Building systems include a rebuilt boiler with updated plumbing, a high-efficiency 120-gallon water heater, electric water heaters, and a new commercial-grade washer. These improvements address major building, parking, laundry, and operational components.

Key Highlights

  • 11‑unit building with 8 studios and 3 one‑bedroom, one‑bathroom apartments
  • Lead‑Safe Certification in place
  • Repaved parking lot with upgraded exterior lighting

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

Demographics for 44109, OH

39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
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 - Updated multifamily property with studio and one-bedroom apartments, on-site parking, and basement laundry.
Where is this apartment building located?
The property is located at 2115 Silverdale Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: 11‑unit building with 8 studios and 3 one‑bedroom, one‑bathroom apartments; Lead‑Safe Certification in place; Repaved parking lot with upgraded exterior lighting
More about this property
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