Listing Agency: CENTURY 21 HomeStar

Listed By: Richard Stone · License #OH

Source: Crexi

Added: Apr 12 Changed: Aug 24 Last Checked: Sep 1 at 6:06AM

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Investment Insights

Based on property information with market context.

Located north of Kinsman at the corner of Byron, this apartment building in Cleveland, Ohio, is a cash-flowing six-unit property. The property has been updated. Unit 1 is rented for $1300, Unit 3 is rented for $750, Unit 4 is rented for $850, Unit 5 is rented for $825, and Unit 6 is rented for $829. Unit 2 is listed for rent at $1300.

Key Highlights

• Cash flowing 6‑unit property
• Updated condition
• Unit 1 rented for $1300

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Law Firm Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

386

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Updated six-unit apartment building with existing rental income.

Where is this apartment building located?

The property is located at 3328 East 139th St Cleveland, OH.

What are key features of this property?

This property features: Cash flowing 6‑unit property; Updated condition; Unit 1 rented for $1300