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Multifamily Property with Penthouse Suites

2412 Euclid Heights Boulevard Cleveland Heights, OH 44106

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2412 Euclid Heights Boulevard, Cleveland Heights, OH, 44106
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For Sale
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21-unit multifamily asset with two penthouse suites and a 95.24% in-place occupancy rate.

Property Size31,366 SF
Days on Market4

Property Features for 2412 Euclid Heights Boulevard

General Information

Standard status
Active
Size
31,366 SF
Property subtype
Multifamily

Building Details

Year Built
1940
Listing Agency Cushman & Wakefield CRESCO Real Estate
Listed by Max Ferguson · License #SAL.2024001884
Source Crexi
Added: Jul 13 Checked: Jul 16 at 8:10 am

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.

The Excel is a 21-unit multifamily property offering a diverse unit mix with expansive floor plans averaging 1,309 square feet, including two penthouse suites. The asset is described as actively maintained, with well-preserved physical systems and stable in-place occupancy of 95.24%.

The property is located at 2412 Euclid Heights Boulevard, Cleveland Heights, and is approximately 1.2 miles from University Circle. The listing highlights proximity to Case Western Reserve University, University Hospitals of Cleveland, and the Cleveland Clinic Main Campus, which are presented as major institutional demand drivers.

For owners or investors, the offering materials note steady historical performance and the opportunity to pursue additional gains through rent stabilization and capturing loss-to-lease.

Key Highlights

  • 21‑unit multifamily asset located at 2412 Euclid Heights Boulevard in Cleveland, OH
  • Diverse unit mix with expansive floor plans averaging 1,309 SF, including two penthouse suites
  • 95.24% in‑place occupancy as of the actively maintained asset

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Auto Parts Store Hair Salon Big Box & Wholesale Store Auto Repair Shop Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 21-unit multifamily asset with two penthouse suites and a 95.24% in-place occupancy rate.
Where is this apartment building located?
The property is located at 2412 Euclid Heights Boulevard Cleveland Heights, OH.
What are key features of this property?
This property features: 21‑unit multifamily asset located at 2412 Euclid Heights Boulevard in Cleveland, OH; Diverse unit mix with expansive floor plans averaging 1,309 SF, including two penthouse suites; 95.24% in‑place occupancy as of the actively maintained asset
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