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21-Unit Apartment Building
For Sale
$1,450,000

2812 E 130th Street, Cleveland, OH 44120

CommercialSale, Cleveland, OH

Property SizeContact for details
Lot Size0.16 Acres
Days on Market310

Property Features for 2812 E 130th Street

General Information

Property type Commercial Sale
Property subtype Apartment
Subdivision Kuster Estates
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions Off of Buckeye South of the square
Standard status Active
APN 129-17-060
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 429 KUSTER SL 63 NP 0062 SP
Tax Annual Amount 22627
Legal Description 429 KUSTER SL 63 NP 0062 SP

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

on-site laundry

Building Details

Year built 1956
Number of units 21
Roof type Flat
Listing Agency: RE/MAX Above & Beyond · RE/MAX International
Listed By: Robert J Cole Sr. · License #2016001279
Added: Oct 26, 2025 Changed: Aug 20 Last Checked: Aug 31 at 9:06PM
MLS# 5167839

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 21-unit apartment building, constructed in 1956, contains 11 one-bedroom residences of approximately 660 square feet and 10 studio apartments of approximately 500 square feet. Units include forced-air heating, electric ranges, and functional kitchen layouts, while on-site laundry serves the property. A covered garage provides parking for 12 vehicles. The building also has a recently installed flat roof.

The property is located just south of Shaker Square in Cleveland, near public transit, dining, and shopping. Public water and public sewer serve the site, and the heating system uses natural gas.

Key Highlights

  • 21 apartments: 11 one‑bedroom units and 10 studio apartments
  • One‑bedroom units are approximately 660 sq. ft.; studios are approximately 500 sq. ft.
  • Covered garage with parking for 12 vehicles

Property Analytics

Current Use

Shakerwood Apartment Building

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic Furniture & Home Goods Building Supply

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

21
Residential units

Location Intelligence

Trade Area within ½ mile

833
Businesses Nearby

Demographics for 44120, OH

34,611
Population
20,583
Households
1.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,656
Density / Sq Mi
$46,326
Median Household Income
$36,549
Median Earnings
$890
Median Rent
$115,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Multifamily property with one-bedroom and studio residences, on-site laundry, and covered resident parking.
Where is this apartment building located?
The property is located at 2812 E 130th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 21 apartments: 11 one‑bedroom units and 10 studio apartments; One‑bedroom units are approximately 660 sq. ft.; studios are approximately 500 sq. ft.; Covered garage with parking for 12 vehicles
More about this property
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