22-Unit Apartment
For Sale
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392 E 147th St, Cleveland, OH 44110
All-brick 1925, 22-unit multifamily with one- and two-bedroom units and landlord-paid heat, water, sewer, and trash.
Property SizeContact for details
Days on Market120
Property Features for 392 E 147th St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Green Bridge Real Estate
Listed By:
Matthew King · License #BRK-20090002834
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 11:56PM
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.
An all-brick 22-unit apartment building built in 1925, configured as a three-story property. The unit mix includes three two-bedroom, one-bath apartments; two one-bedroom, one-and-a-half-bath apartments; and seventeen one-bedroom, one-bath apartments. Current occupancy is approximately 90% (20 of 22), and nine units at the property have received various degrees of updating, with all units ready for immediate occupancy. Laundry units are also available on-site.
The property is located at 392 E 147th St in North Collinwood, Cleveland, overlooking Lake Erie, near the Village of Bratenahl border, with beach access, shopping, and public transportation described as just blocks away.
Operating setup includes landlord payment of heat (boiler), trash, water, and sewer, while tenants pay electric. Approximately 50% (10 of 20) of the occupied units are leased in conjunction with the Section 8 Subsidy Voucher program, providing partial or full housing assistance for qualifying households.
The property is located at 392 E 147th St in North Collinwood, Cleveland, overlooking Lake Erie, near the Village of Bratenahl border, with beach access, shopping, and public transportation described as just blocks away.
Operating setup includes landlord payment of heat (boiler), trash, water, and sewer, while tenants pay electric. Approximately 50% (10 of 20) of the occupied units are leased in conjunction with the Section 8 Subsidy Voucher program, providing partial or full housing assistance for qualifying households.
Key Highlights
- All‑brick 1925 building with approx. 18,240 SF, 3 stories, on 0.26 acres at 392 East 147th Street
- 22‑unit layout: 3 two‑bedroom/one‑bath, 2 one‑bedroom/1.5‑bath, and 17 one‑bedroom/one‑bath units
- Currently 90% occupied with 20 of 22 units leased
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
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Business Placement
Demographics for 44110, OH
17,617
Population
11,140
Households
1.6
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
4.1 sq mi
ZIP Area
4,297
Density / Sq Mi
$30,973
Median Household Income
$28,263
Median Earnings
$821
Median Rent
$62,600
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 - All-brick 1925, 22-unit multifamily with one- and two-bedroom units and landlord-paid heat, water, sewer, and trash.
Where is this apartment building located?
The property is located at 392 E 147th St Cleveland, OH.
What are key features of this property?
This property features: All‑brick 1925 building with approx. 18,240 SF, 3 stories, on 0.26 acres at 392 East 147th Street; 22‑unit layout: 3 two‑bedroom/one‑bath, 2 one‑bedroom/1.5‑bath, and 17 one‑bedroom/one‑bath units; Currently 90% occupied with 20 of 22 units leased
