11-Unit Apartment Building with
For Sale
Contact for pricing
Pending
3432 E 134th St, Cleveland, OH 44120
Two-story mixed-use property with updated residential interiors and two retail storefronts.
Property Size9,696 SF
Lot Size0.15 Acres
Days on Market144
Property Features for 3432 E 134th St
General Information
Standard status
Pending
Size
9,696 SF
Lot size
0.15 Acres
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$61,781
Financials
Asking Price
$539,000
Cap Rate
11.46%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA, 7 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
9
Building Details
Buildings
1
Stories
2
Construction
All-Brick
Tenancy
Multi
Listing Agency:
Green Bridge Real Estate
Listed By:
Matthew King · License #BRK-20090002834
(216) 452-9292
Source:
Crexi
Added: Apr 12
Changed: Sep 2
Last Checked: Sep 1 at 11:30PM
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 Green Bridge Real Estate
Investment Insights
Based on property information with market context.
This 9,696-square-foot, all-brick building occupies 0.149 acres and contains nine residential apartments plus two retail storefronts of approximately 700 square feet each. The residential mix includes one one-bedroom unit, seven two-bedroom units, and one three-bedroom unit. Recent improvements include windows, roofing, porches, kitchens, bathrooms, and electrical updates. The property is currently 100% occupied, with the landlord responsible for trash, water, and sewer.
Located at 3432 E 134th St in Cleveland, the property is near Shaker Heights and offers access to I-77 and Chagrin Road. Little Italy, Case Western Reserve University, and Cleveland Clinic headquarters are approximately 4 miles away, while Downtown Cleveland is approximately 7 miles away. RTA bus stops are within walking distance, with shopping and other amenities nearby.
Two of the nine residential apartments participate in the Section 8 Subsidy Voucher program. The property reflects an 11.46% capitalization rate at the stated asking price, with historical capitalization rates of 10.22% in 2022 and 10.87% in 2023.
Located at 3432 E 134th St in Cleveland, the property is near Shaker Heights and offers access to I-77 and Chagrin Road. Little Italy, Case Western Reserve University, and Cleveland Clinic headquarters are approximately 4 miles away, while Downtown Cleveland is approximately 7 miles away. RTA bus stops are within walking distance, with shopping and other amenities nearby.
Two of the nine residential apartments participate in the Section 8 Subsidy Voucher program. The property reflects an 11.46% capitalization rate at the stated asking price, with historical capitalization rates of 10.22% in 2022 and 10.87% in 2023.
Key Highlights
- 11‑unit configuration with 9 residential apartments and 2 retail storefronts
- 9,696 SF all‑brick, 2‑story building on 0.149 acres
- Residential mix includes 1 one‑bedroom, 7 two‑bedroom, and 1 three‑bedroom units
Property Analytics
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
364
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story mixed-use property with updated residential interiors and two retail storefronts.
Where is this apartment building located?
The property is located at 3432 E 134th St Cleveland, OH.
What are key features of this property?
This property features: 11‑unit configuration with 9 residential apartments and 2 retail storefronts; 9,696 SF all‑brick, 2‑story building on 0.149 acres; Residential mix includes 1 one‑bedroom, 7 two‑bedroom, and 1 three‑bedroom units
