9-Unit Apartment
For Sale
Contact for pricing
2224 Murray Hill Road, Cleveland, OH 44106
Two Cleveland buildings are fully occupied near Little Italy, University Circle, and Case Western Reserve University.
Property SizeContact for details
Days on Market132
Property Features for 2224 Murray Hill Road
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Multifamily
Occupancy
100%
Investment Type
Value Add
Property Condition
Severity
Repairs Needed
Evidence
both buildings require only cosmetic updates
Additional Details
Multifamily Units
9
Building Details
Year Built
1900
Buildings
2
Stories
2
Units
9
Listing Agency:
Cushman & Wakefield CRESCO Real Estate
Listed By:
David Leb · License #OH SAL.2015004836
Source:
Crexi
Added: Apr 22
Changed: Aug 31
Last Checked: Aug 31 at 1:34AM
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 Cushman & Wakefield CRESCO Real Estate
Investment Insights
Based on property information with market context.
This Cleveland apartment portfolio comprises two buildings at 2051 Murray Hill Road and 2224 Murray Hill Road, totaling nine units. The configuration includes one four-unit property and one five-unit property, with all units currently occupied. Both buildings date to 1900 and offer an established multifamily platform with below-market rents in place.
The properties are located in Cleveland’s Little Italy, near restaurants, shopping, and cultural attractions. University Circle and Case Western Reserve University are also nearby, placing the portfolio within a setting that serves student, professional, and long-term residential demand. The portfolio offers an opportunity to evaluate cosmetic updates while maintaining existing occupancy.
The properties are located in Cleveland’s Little Italy, near restaurants, shopping, and cultural attractions. University Circle and Case Western Reserve University are also nearby, placing the portfolio within a setting that serves student, professional, and long-term residential demand. The portfolio offers an opportunity to evaluate cosmetic updates while maintaining existing occupancy.
Key Highlights
- Nine units across two apartment buildings
- Unit mix includes one four‑unit building and one five‑unit building
- 100% occupied across the portfolio
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
3,774
Businesses Nearby
Explore this area
Business Placement
Demographics for 44106, OH
26,608
Population
13,287
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
6,188
Density / Sq Mi
$42,869
Median Household Income
$27,056
Median Earnings
$1,024
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two Cleveland buildings are fully occupied near Little Italy, University Circle, and Case Western Reserve University.
Where is this apartment building located?
The property is located at 2224 Murray Hill Road Cleveland, OH.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Nine units across two apartment buildings; Unit mix includes one four‑unit building and one five‑unit building; 100% occupied across the portfolio
