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Occupied Multifamily Property

4101 Ridge Road, Cleveland, OH 44144

For Sale
$469,900

CommercialSale, Cleveland, OH

Property SizeContact for details
Lot Size0.21 Acres
Days on Market1007

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: Oct 20 Last Checked: Nov 7 at 2:06AM
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.

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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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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
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Market

Average Price Trend$/SF for Multifamily properties in Cleveland, OH

$70.12 Jul
$71.2 Aug
$72.33 Sep
$74.3 Oct

Properties on Market for Multifamily properties in Cleveland

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

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
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