68-Unit Apartment
For Sale
Contact for pricing
260 E 244th St, Euclid, OH 44123
Updated apartment community with brick construction, garage parking, and newer windows throughout the buildings.
Property Size60,116 SF
Lot Size3.37 Acres
Days on Market144
Property Features for 260 E 244th St
General Information
Standard status
Active
Size
60,116 SF
Lot size
3.37 Acres
Property subtype
Multifamily
Occupancy
96%
Net Operating Income
$333,246
Financials
Asking Price
$5,124,900
Cap Rate
6.5%
Gross Income
$641,784
Units
Unit Mix
50 x 2BR/1BA, 18 x 1BR/1BA
Multifamily Units
68
Building Details
Year Built
1950
Construction
brick
Listing Agency:
Green Bridge Real Estate
Listed By:
Jason Griffith · License #OH
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 12:26PM
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 Green Bridge Real Estate
Investment Insights
Based on property information with market context.
Villa View Apartments is a 68-unit multifamily property comprising 50 two-bedroom, one-bathroom residences and 18 one-bedroom, one-bathroom residences. The buildings contain approximately 60,116 square feet and sit on a 3.371-acre parcel. Each apartment has received updates, while the exterior features brick construction and newer windows throughout. On-site improvements include a parking garage along with a drive and lot.
The property is located at 250-270 E 244th St in Euclid, Ohio. Current occupancy is 95.59%, with 65 units occupied. Subsidized tenants represent 10.29% of the tenancy, and subsidy-based income accounts for 6.79%. Constructed in 1950, the community offers an established multifamily configuration with a defined unit mix, substantial land area, and on-site parking facilities.
The property is located at 250-270 E 244th St in Euclid, Ohio. Current occupancy is 95.59%, with 65 units occupied. Subsidized tenants represent 10.29% of the tenancy, and subsidy-based income accounts for 6.79%. Constructed in 1950, the community offers an established multifamily configuration with a defined unit mix, substantial land area, and on-site parking facilities.
Key Highlights
- 68 units: 50 two‑bedroom and 18 one‑bedroom apartments
- Approximately 60,116 square feet on a 3.371‑acre parcel
- 95.59% occupancy with 65 occupied units
Property Analytics
Current Use
Lease Details
68
Residential units
95.6%
Occupancy
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 44123, OH
17,620
Population
9,176
Households
1.9
Avg Household Size
39
Median Age
23%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
7,048
Density / Sq Mi
$54,979
Median Household Income
$39,047
Median Earnings
$1,036
Median Rent
$103,400
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 - Updated apartment community with brick construction, garage parking, and newer windows throughout the buildings.
Where is this apartment building located?
The property is located at 260 E 244th St Euclid, OH.
What are key features of this property?
This property features: 68 units: 50 two‑bedroom and 18 one‑bedroom apartments; Approximately 60,116 square feet on a 3.371‑acre parcel; 95.59% occupancy with 65 occupied units
