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Occupied Multifamily Property
For Sale
$469,900

4101 Ridge Road, Cleveland, OH 44144

CommercialSale, Cleveland, OH

Property SizeContact for details
Lot Size0.21 Acres
Days on Market957

Property Features for 4101 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 south of Brookpark Rd.
Standard status Active
APN 013-13-001
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 5960

Utilities

Heating system Forced Air

Building Details

Year built 1951
Listing Agency: The Holton-Wise Property Group LLC
Listed By: James P Wise · License #2015001161
Added: Feb 5, 2024 Changed: Sep 12 Last Checked: Sep 19 at 10:06AM
MLS# 5015385

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.

Built in 1951, this multifamily property occupies a 0.21-acre parcel at 4101 Ridge Road in Cleveland, Ohio. The building is reported as 100% occupied, with all tenants operating under government guaranteed rental contracts.

Forced-air heating serves the property. The asset is located in ZIP code 44144 within Cuyahoga County.

Key Highlights

  • 100% occupied multifamily property
  • All tenants have government guaranteed rental contracts
  • Built in 1951

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Cafe & Coffee Shop HVAC Service (Bike/Boat/Book/etc) Store

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Multifamily property - Multifamily building with full occupancy and government guaranteed rental contracts.
Where is this multifamily property located?
The property is located at 4101 Ridge Road Cleveland, OH.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: 100% occupied multifamily property; All tenants have government guaranteed rental contracts; Built in 1951
More about this property
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