4016 Silsby Rd, University Heights, OH 44118

Building Details

Year Built 1949 More

Buildings 1 More

Listing Agency: RE/MAX Transitions

Listed By: Kit Custer · License #2013003758 Show Phone

Source: Searchclevelandhouses

Added: Nov 3 Changed: Nov 7 Last Checked: Nov 8 at 6:42AM

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Investment Insights

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Built in 1949, this 4,608-square-foot apartment building contains five one-bedroom, one-bathroom units. The lower-level apartment is vacant and ready for leasing. Each unit is separately metered, and the owner covers water service. A 2027 city apartment license certificate is in place.

Recent work includes a roof replacement in 2026, new rear parking-lot concrete, and furnace replacements in three units in 2025. The property is at 4016 Silsby Rd in University Heights, Ohio.

Key Highlights

• Five apartments, each with one bedroom and one bathroom
• 4,608 square feet in a 1949‑built apartment building
• Vacant lower‑level unit ready for lease

Property Analytics

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Lease Details

5

Residential units

Location Intelligence

Trade Area within ½ mile

776

Businesses Nearby

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Demographics for 44118, OH

40,242

Population

17,849

Households

2.3

Avg Household Size

35

Median Age

61%

College-Educated

96%

High-School Grad

7.0 sq mi

ZIP Area

5,749

Density / Sq Mi

$76,328

Median Household Income

$44,837

Median Earnings

$1,195

Median Rent

$205,600

Median Home Value

Market

Properties on Market for Apartment buildings in Cuyahoga County

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Five separately metered residences include a lower-level apartment available for lease.

Where is this apartment building located?

The property is located at 4016 Silsby Rd University Heights, 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: Five apartments, each with one bedroom and one bathroom; 4,608 square feet in a 1949‑built apartment building; Vacant lower‑level unit ready for lease