Fully Occupied Five-Unit
3495 West 98th Street Cleveland, OH 44102
New
For Sale
Contact for pricing
Fully occupied five-unit multifamily with studio, one-bedroom, and two-bedroom apartments generating approximately $4,775 monthly gross rent.
Property Size5,267 SF
Price / SF$93.98
Days on Market5
Property Features for 3495 West 98th Street
General Information
- Standard status
- Active
- Size
- 5,267 SF
- Property subtype
- Multifamily, Land
Building Details
- Year Built
- 1924
Listing Agency:
Russell Commercial Advisory
(440) 892-2211
Listed By:
Justin Campbell · License #201702330
Source:
Crexi
Added: Jul 20
Changed: Jul 24
Last Checked: Jul 24 at 1:49AM
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 Commercial Advisory
Investment Insights
Based on property information with market context.
This fully occupied five-unit multifamily property features a diversified unit mix of studio, one-bedroom, and two-bedroom apartments. The current gross rental income is approximately $4,775 per month, or about $57,300 annually. Current rents are reported to be below achievable levels, with one-bedroom units indicated at approximately $1,100–$1,150 per month and two-bedroom units at approximately $1,400–$1,500 per month as leases turn.
The asset is located at 3495 West 98th Street in Cleveland, Ohio, within an established residential rental area.
The property is being offered for sale as a stabilized, in-place income-producing multifamily investment.
The asset is located at 3495 West 98th Street in Cleveland, Ohio, within an established residential rental area.
The property is being offered for sale as a stabilized, in-place income-producing multifamily investment.
Key Highlights
- Fully occupied five‑unit multifamily property (100% occupied) built in 1924
- Diversified unit mix: studio, one‑bedroom, and two‑bedroom apartments
- Currently generating approximately $4,775 per month in gross rental income (about $57,300 annually)
Property Analytics
Location Intelligence
Current Use by Public Records
Fat Chance
Music Venue
UNION SQUARE APARTMENTS
Apartment Building
CherriMona's Beauty Place
Hair Salon
FAQs
What type of property is this?
Apartment building - Fully occupied five-unit multifamily with studio, one-bedroom, and two-bedroom apartments generating approximately $4,775 monthly gross rent.
Where is this apartment building located?
The property is located at 3495 West 98th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Fully occupied five‑unit multifamily property (100% occupied) built in 1924; Diversified unit mix: studio, one‑bedroom, and two‑bedroom apartments; Currently generating approximately $4,775 per month in gross rental income (about $57,300 annually)
