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Four-Unit Townhome Project
For Sale
$1,650,000

2494-2500 Thurman Ave, Cleveland, OH 44113

New construction with major work completed and final finishes remaining for customization or occupancy.

Property SizeContact for details
Days on Market46

Property Features for 2494-2500 Thurman Ave

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence add final touches

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Year Built 2024
Listing Agency: HomeSmart Real Estate Momentum LLC
Listed By: De'Chella Woodruff · License #2018004577
Source: Theacclaimedrealty
Added: Jul 17 Changed: Aug 28 Last Checked: Aug 30 at 7:56PM

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 HomeSmart Real Estate Momentum LLC

Investment Insights

Based on property information with market context.

This 2024-built quadplex includes four townhomes with modern layouts. The major construction phase is complete, while final touches remain before the property is finished. The offering is being sold as-is, allowing the next owner to complete and customize the remaining work.

Located at 2494-2500 Thurman Avenue in Cleveland, the property is near restaurants, shops, parks, and highway access. Its four-unit configuration supports continued completion for resale or rental use, as described in the property information.

Key Highlights

  • Four newly built townhomes in a quadplex configuration
  • Year built: 2024
  • Major construction phase completed

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Butcher Plumbing Service

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby

Demographics for 44113, OH

20,291
Population
12,554
Households
1.6
Avg Household Size
33
Median Age
54%
College-Educated
89%
High-School Grad
3.8 sq mi
ZIP Area
5,340
Density / Sq Mi
$70,140
Median Household Income
$61,204
Median Earnings
$1,374
Median Rent
$295,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - New construction with major work completed and final finishes remaining for customization or occupancy.
Where is this quadplex located?
The property is located at 2494-2500 Thurman Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Four newly built townhomes in a quadplex configuration; Year built: 2024; Major construction phase completed
More about this property
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