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Six-Unit Apartment Building
For Sale
$399,000

4158 E 120th Street, Cleveland, OH 44105

CommercialSale, Cleveland, OH

Property SizeContact for details
Lot Size0.16 Acres
Days on Market347

Property Features for 4158 E 120th Street

General Information

Property type Commercial Sale
Property subtype Apartment
Subdivision Oyer
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions North of Miles
Standard status Active
APN 138-08-039
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 468 OYER S/L 17&18EP 0016 EP
Tax Annual Amount 4772
Legal Description 468 OYER S/L 17&18EP 0016 EP

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

security keypad entry

Building Details

Year built 1920
Number of units 6
Listing Agency: RE/MAX Omega · RE/MAX International
Listed By: Jennifer J Webb · License #2020001665
Added: Sep 22, 2025 Changed: Aug 19 Last Checked: Sep 3 at 12:06PM
MLS# 5158576

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 six-unit apartment property was built in 1920, with each residence configured with two bedrooms and one bathroom. Individual electric and gas meters serve the units, while water, sewer, and trash are handled by ownership. Every apartment has its own hot water tank, and the building is heated by forced-air furnaces. Unit access is controlled through separate security keypads, and commercial fire extinguishers were installed in 2025.

The property is located at 4158 E 120th Street in Cleveland, Ohio. Public water and public sewer serve the building. Reported occupancy is 100%, with residents supported through a mix of private and designated housing assistance programs. The sale is offered as-is, and tenant privacy requirements apply to access and inspections.

Key Highlights

  • Six‑unit apartment property with 100% occupancy
  • Each unit includes 2 bedrooms and 1 bath
  • Individual electric and gas meters for every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Kitchen & Bath Showroom Gym & Fitness Center

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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 44105, OH

34,100
Population
17,528
Households
1.9
Avg Household Size
38
Median Age
11%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
3,831
Density / Sq Mi
$38,294
Median Household Income
$32,389
Median Earnings
$888
Median Rent
$56,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Two-bedroom residences offer individual utility metering, controlled entry, and separate hot water systems.
Where is this apartment building located?
The property is located at 4158 E 120th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Six‑unit apartment property with 100% occupancy; Each unit includes 2 bedrooms and 1 bath; Individual electric and gas meters for every unit
More about this property
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