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Section 8 Apartment Building
For Sale
$479,900

4083 Ridge Road, Cleveland, OH 44144

CommercialSale, Cleveland, OH

Property SizeContact for details
Lot Size0.50 Acres
Days on Market944

Property Features for 4083 Ridge Road

General Information

Property type Commercial Sale
Property subtype Apartment
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions On ridge just north of Biddulph.
Standard status Active
APN 013-13-005
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 9445

Utilities

Heating system Forced Air

Building Details

Year built 1968
Listing Agency: The Holton-Wise Property Group LLC
Listed By: James P Wise · License #2015001161
Added: Jan 22, 2024 Changed: Aug 20 Last Checked: Aug 23 at 4:06PM
MLS# 5012874

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property is a fully occupied apartment building with Section 8 occupancy. The structure was built in 1968 and has been recently renovated, with lead certification in place. Forced-air heating serves the building.

The property occupies 0.5 acres at 4083 Ridge Road in Cleveland, Ohio 44144. Its apartment-building classification and existing occupancy provide a defined residential income profile, while the documented renovation and mechanical system offer clear physical details for review.

Key Highlights

  • Fully occupied Section 8 apartment building
  • Recently renovated and lead certified
  • Built in 1968 with forced‑air heating

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Cafe & Coffee Shop Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

Demographics for 44144, OH

21,361
Population
9,994
Households
2.1
Avg Household Size
42
Median Age
20%
College-Educated
88%
High-School Grad
5.5 sq mi
ZIP Area
3,884
Density / Sq Mi
$59,775
Median Household Income
$37,318
Median Earnings
$923
Median Rent
$138,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with forced-air heating and lead certification.
Where is this apartment building located?
The property is located at 4083 Ridge Road Cleveland, OH.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Fully occupied Section 8 apartment building; Recently renovated and lead certified; Built in 1968 with forced‑air heating
More about this property
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