28-Unit Brick Apartment
For Sale
$1,325,000
3016 S Moreland Boulevard, Shaker Heights, OH 44120
CommercialSale, Shaker Heights, OH
Property SizeContact for details
Lot Size0.58 Acres
Days on Market674
Property Features for 3016 S Moreland Boulevard
General Information
Property type
Commercial Sale
Property subtype
Apartment
Rooms
Laundry Room, Basement
Parking
20
Parking features
Covered
Security features
Security
Subdivision
Vansweringen
Elementary school district
Shaker Heights CSD - 1827
Middle school district
Shaker Heights CSD - 1827
High school district
Shaker Heights CSD - 1827
Directions
South off of South Woodland, on the West Side of the street.
Standard status
Active
APN
144-04-002
Lot size
0.58 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
438 VANS #12 S/L316& 317 ALL 0315 ALL
Tax Annual Amount
32164
Legal Description
438 VANS #12 S/L316& 317 ALL 0315 ALL
Utilities
Sewer type
Public Sewer
Heating system
Steam, Hot Water(Heating)
Water source
Public
Building Details
Year built
1938
Floors in Building
3
Roof type
Fiberglass, Asphalt
Listing Agency:
Berkshire Hathaway HomeServices Professional Realty
(440) 296-5006
Listed By:
Joseph A Zingales · License #2013000048
(440) 346-2031
Added: Nov 14, 2024
Changed: Sep 12
Last Checked: Sep 19 at 9:06AM
MLS# 5084894
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.
Located at 3016 S Moreland Boulevard in Shaker Heights, this 28-unit apartment property was built in 1938 and sits on 0.5785 acres. The solid brick building offers 28 one-bedroom, one-bath residences with open layouts, along with basement and laundry room space.
The property is fully occupied and includes covered parking. Building systems include steam and hot-water heating, public water, public sewer, and a fiberglass and asphalt roof. Recent property updates include a newer boiler within last 2 years and fresh interior painting. The building is Lead Certified, and an on-site manager is currently in place and may be willing to remain after title transfer.
The property is fully occupied and includes covered parking. Building systems include steam and hot-water heating, public water, public sewer, and a fiberglass and asphalt roof. Recent property updates include a newer boiler within last 2 years and fresh interior painting. The building is Lead Certified, and an on-site manager is currently in place and may be willing to remain after title transfer.
Key Highlights
- 28 one‑bedroom, one‑bath apartment units with open floor plans
- Fully occupied 1938 apartment building on 0.5785 acres
- Solid brick construction with covered parking
Property Analytics
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Current Use
Lease Details
28
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied property with one-bedroom layouts, covered parking, and on-site laundry facilities.
Where is this apartment building located?
The property is located at 3016 S Moreland Boulevard Shaker Heights, OH.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 28 one‑bedroom, one‑bath apartment units with open floor plans; Fully occupied 1938 apartment building on 0.5785 acres; Solid brick construction with covered parking
