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21-Unit Apartment Building
For Sale
$950,000

2812 E 130th Street, Cleveland, OH 44120

CommercialSale, Cleveland, OH

Property SizeContact for details
Lot Size0.16 Acres
Days on Market9

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 2025
Tax Description 429 KUSTER SL 63 NP 0062 SP
Tax Annual Amount 22675
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 facilities
covered garage

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 8 Last Checked: Oct 16 at 11:06AM
MLS# 5251604

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.

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Investment Insights

Based on property information with market context.

Built in 1956, this apartment property contains 21 units across 0.1643 acres. The mix includes 11 one-bedroom apartments of approximately 660 square feet each and 10 studios of approximately 500 square feet each. Apartments have forced-air heating and electric stoves, while residents share on-site laundry facilities. A recently installed flat roof serves the building, and a covered garage accommodates 12 vehicles.

The property is just south of Shaker Square, with public transit, dining, and shopping in the surrounding area.

Key Highlights

  • 21 apartments: 11 one‑bedroom units of approximately 660 sq. ft. and 10 studios of approximately 500 sq. ft.
  • Covered garage parking for 12 vehicles
  • Recently installed flat roof

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property combines a studio and one-bedroom unit mix with covered resident parking and shared laundry facilities.
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 $950,000.
What are key features of this property?
This property features: 21 apartments: 11 one‑bedroom units of approximately 660 sq. ft. and 10 studios of approximately 500 sq. ft.; Covered garage parking for 12 vehicles; Recently installed flat roof
More about this property
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