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60-Unit Apartment Building with Retail
For Sale
Contact for pricing
Pending

3219 Detroit Ave, Cleveland, OH 44113

Class A multifamily property with leased ground-floor retail, resident amenities, covered parking, and balconies throughout.

Property SizeContact for details
Days on Market142

Property Features for 3219 Detroit Ave

General Information

Standard status Pending
Class Class A
Property subtype Multifamily

Units

Unit Mix 42 x 1BR/1BA, 18 x 2BR/2BA
Multifamily Units 60

Amenities

fitness center
multi-use community room
covered parking
surface parking
balcony

Building Details

Year Built 2017
Stories 6
Listing Agency: Cushman & Wakefield CRESCO Real Estate
Listed By: David Leb · License #OH SAL.2015004836
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:25PM

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 Cushman & Wakefield CRESCO Real Estate

Investment Insights

Based on property information with market context.

Completed in 2017, this six-story Class A multifamily property contains 60 apartments, including 42 one-bedroom/one-bath residences and 18 two-bedroom/two-bath residences. Every unit includes a balcony, oversized glass windows, quartz countertops, stainless steel appliances, and LVT flooring. Property amenities include a private fitness center, multi-use community room, and a combination of covered and surface parking.

Two occupied retail suites operate along Detroit Avenue under long-term leases, adding an income-producing commercial component to the apartment asset. The property is located at 3219 Detroit Ave in Cleveland’s Hingetown neighborhood within Ohio City, with walking access to downtown Cleveland, nearby retailers, direct Lake Erie access, and views of Downtown Cleveland and Lake Erie from most apartments. A 100% tax abatement remains in place for 10 years.

Key Highlights

  • 60‑unit, 6‑story apartment property completed in 2017
  • 42 one‑bedroom/one‑bath units and 18 two‑bedroom/two‑bath units
  • Two occupied first‑floor retail suites with long‑term leases

Property Analytics

Current Use

Edge32 Apartments Apartment Building Ryba Dentistry Dental Office Cleveland Kitchen Remodeling Hardware & Home Improvement Dr. Christopher Ryba Dental Office Dr. Duane Neidert Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Home Appliance Store Tech Support Center Pet Grooming 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

60
Residential units

Location Intelligence

Trade Area within ½ mile

1,831
Businesses Nearby

Demographics for 44113, OH

20,291
Population
12,554
Households
1.6
Avg Household Size
33
Median Age
54%
College-Educated
89%
High-School Grad
3.8 sq mi
ZIP Area
5,340
Density / Sq Mi
$70,140
Median Household Income
$61,204
Median Earnings
$1,374
Median Rent
$295,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Class A multifamily property with leased ground-floor retail, resident amenities, covered parking, and balconies throughout.
Where is this apartment building located?
The property is located at 3219 Detroit Ave Cleveland, OH.
What are key features of this property?
This property features: 60‑unit, 6‑story apartment property completed in 2017; 42 one‑bedroom/one‑bath units and 18 two‑bedroom/two‑bath units; Two occupied first‑floor retail suites with long‑term leases
More about this property
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