59-Unit Apartment
For Sale
$6,500,000
4101-5753 Ridge Road, Cleveland, OH 44144
CommercialSale, Cleveland, OH
Property SizeContact for details
Lot Size5.00 Acres
Days on Market841
Property Features for 4101-5753 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 Rd spanning from the Ridge & Memphis area to the Ridge & Day Drive area.
Standard status
Active
APN
433-06-007
Lot size
5.00 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
84311
Utilities
Heating system
Natural Gas
Listing Agency:
The Holton-Wise Property Group LLC
(216) 661-6633
Listed By:
James P Wise · License #2015001161
(216) 661-6633
Added: May 4, 2024
Changed: Aug 20
Last Checked: Aug 22 at 12:06PM
MLS# 5035862
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 portfolio includes 59 apartment units across eight buildings on approximately 5 acres. The properties have been renovated and are professionally managed, with natural gas heating serving the buildings.
The portfolio is located at 4101-5753 Ridge Road and spans three communities within Cuyahoga County: four buildings in Cleveland, two in Brooklyn, and two in Parma. The Cleveland assets are in ZIP Code 44144.
The portfolio is located at 4101-5753 Ridge Road and spans three communities within Cuyahoga County: four buildings in Cleveland, two in Brooklyn, and two in Parma. The Cleveland assets are in ZIP Code 44144.
Key Highlights
- 59 apartment units across 8 buildings
- Approximately 5 acres of land
- Renovated multifamily portfolio
Property Analytics
Property Profile
Current Use
Lease Details
59
Residential units
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated, professionally managed apartment holdings distributed across eight buildings in three Cuyahoga County communities.
Where is this apartment building located?
The property is located at 4101-5753 Ridge Road Cleveland, OH.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 59 apartment units across 8 buildings; Approximately 5 acres of land; Renovated multifamily portfolio
