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11-Unit Apartment Building
For Sale
$750,000

2115 Silverdale Avenue, Cleveland, OH 44109

The Cleveland property combines studio and one-bedroom apartments with basement laundry and on-site parking.

Property SizeContact for details
Days on Market114

Property Features for 2115 Silverdale Avenue

General Information

Standard status Active
Property subtype Apartment

Site & Location

Neighborhood Old Brooklyn

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
upgraded exterior parking lot lighting

Building Details

Year Built 1957
Listing Agency: Life Stages Realty LLC
Listed By: Nicolette Kuebeler · License #2022002552
Source: Lifestagesrealty
Added: Jul 7 Changed: Oct 26 Last Checked: Oct 26 at 2:39PM

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 Life Stages Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This 11-unit apartment building in Cleveland contains 8 studio apartments and 3 one-bedroom, one-bathroom units. Resident amenities include basement laundry facilities and on-site parking. The property has Lead-Safe Certification and has undergone multiple building and site improvements.

Updates include a rebuilt boiler system with updated plumbing, a repaved parking lot, exterior parking lot lighting, and a security camera system. Double-pane replacement windows were installed approximately five years ago. Additional equipment includes a high-efficiency 120-gallon water heater, electric water heaters, and a commercial-grade washer.

Key Highlights

  • 11 apartments: 8 studios and 3 one‑bedroom, one‑bathroom units
  • Lead‑Safe Certification
  • Basement laundry facilities and on‑site parking

Property Analytics

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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
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?
Apartment building - The Cleveland property combines studio and one-bedroom apartments with basement laundry and on-site parking.
Where is this apartment building located?
The property is located at 2115 Silverdale Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 11 apartments: 8 studios and 3 one‑bedroom, one‑bathroom units; Lead‑Safe Certification; Basement laundry facilities and on‑site parking
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