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Updated 6-Unit Apartment Building
For Sale
$460,000

3333 W 111th Street, Cleveland, OH 44111

Lead-safe certification and occupancy across all residences support an established multifamily operation.

Property SizeContact for details
Days on Market272

Property Features for 3333 W 111th Street

General Information

Standard status Active
Property subtype Apartment
Occupancy 100%

Site & Location

Neighborhood Little Arabia
Highway Access Yes

Additional Details

Gross Income $58,260
Multifamily Units 6
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $10,568

Building Details

Year Built 1930
Construction brick
Listing Agency: Russell Real Estate Services
Listed By: Jesse R Kracht · License #2010001088
Source: Lifestagesrealty
Added: Jan 29 Changed: Oct 26 Last Checked: Oct 26 at 2:05PM

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 Russell Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

This 1930 apartment building contains six units and has been updated. The property is lead-safe certified, and all six residences are occupied.

Set in a residential area of Cleveland, the building is near highway access and transportation, with downtown a few minutes away.

Current monthly gross rent is $4,855, and the stated cap rate is over 8%.

Key Highlights

  • Six occupied apartment units
  • Lead‑safe certified and updated
  • Built in 1930

Property Analytics

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Open Analytics

Lease Details

6
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 44111, OH

41,045
Population
19,041
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
6,315
Density / Sq Mi
$54,790
Median Household Income
$38,151
Median Earnings
$938
Median Rent
$130,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Lead-safe certification and occupancy across all residences support an established multifamily operation.
Where is this apartment building located?
The property is located at 3333 W 111th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Six occupied apartment units; Lead‑safe certified and updated; Built in 1930
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