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Historic Tudor Apartment Buildings
For Sale
$749,900

28992905 Hampton Road, Cleveland, OH 44120

Vacant two-building apartment complex with courtyard space and layouts spanning one to three bedrooms.

Property Size40,024 SF
Price / SF$18.74
Days on Market437

Property Features for 28992905 Hampton Road

General Information

Standard status Active
Size 40,024 SF
Property subtype Apartment

Additional Details

Multifamily Units 24

Taxes and HOA fees

Annual Taxes $42,034

Amenities

courtyard
laundry hookups
Ceiling Fan(s)
3
Parking.
Asphalt, Driveway, On Site, Outside, Lot.

Building Details

Year Built 1930
Buildings 2
Construction Tudor-style
Listing Agency: RE/MAX Real Estate Group
Listed By: Beth Wallace · License #2008000644
Source: Xome
Added: Jun 23, 2025 Changed: Sep 2 Last Checked: Sep 2 at 1:33PM

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 RE/MAX Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1930, this Tudor-style apartment property contains 24 vacant units across two buildings totaling 40,024 square feet. The configuration includes four entrances, three basement areas, and a central courtyard. Unit layouts range from one to three bedrooms, with select apartments offering two full bathrooms. Interior details include original hardwood flooring, wood trim, separate kitchens, living rooms, and dining rooms. Front and rear stairwells serve the apartments, with enclosed front stairs and semi-exposed rear stairs. One basement includes laundry hookups, while three roughed-in garden-level units could expand the property to 27 units.

The property is near Shaker Square and Shaker Heights, with access to Shaker Schools. Downtown and University Circle are also described as nearby. On-site parking is provided, and the apartments are vacant for renovation. Individual unit conditions may vary.

Key Highlights

  • 24‑unit apartment property across two buildings
  • 40,024 square feet on a 1930‑built property
  • One-, two-, and three‑bedroom apartment layouts

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical 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

24
Residential units

Location Intelligence

Trade Area within ½ mile

1,093
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 - Vacant two-building apartment complex with courtyard space and layouts spanning one to three bedrooms.
Where is this apartment building located?
The property is located at 28992905 Hampton Road Cleveland, OH.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 24‑unit apartment property across two buildings; 40,024 square feet on a 1930‑built property; One-, two-, and three‑bedroom apartment layouts
More about this property
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