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12-Unit Apartment Building

4203 Denison Ave, Cleveland, OH 44109

For Sale
$700,000

Every apartment is occupied, and electricity is separately metered to residents.

Property Size8,139 SF
Price / SF$86.01
Days on Market77

Property Features for 4203 Denison Ave

General Information

Standard status Active
Size 8,139 SF
Property subtype Commercial
Occupancy 100%

Financials

Asking Price $750,000
Gross Income $103,860

Site & Location

Neighborhood Brooklyn-Centre

Units

Unit Mix 6 x 1BR, 6 x 2BR
Multifamily Units 12
Individually Metered Utilities electricity

Additional Details

Tenant in Place Yes

Building Details

Year Built 1963
Listing Agency: D.A.R.E
Listed By: Jeremy J Rodriguez
Source: Mynexthomeonline
Added: Aug 25 Changed: Nov 8 Last Checked: Nov 8 at 7:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of D.A.R.E

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Investment Insights

Based on property information with market context.

Denison Manor is a 12-unit apartment property at 4203 Denison Ave in Cleveland, with 8,139 square feet of building area. The 1963-built property has an even mix of six one-bedroom and six two-bedroom apartments. Residents have lived at the property for multiple years, with some tenancies dating to 2016, and all units are occupied. Electricity is separately metered to tenants; the owner pays for gas, water and sewer.

A commercial boiler received preventative maintenance in August 2026. The contractor found the burners, visible heat exchanger, flue venting and supply and return piping to be in good condition.

Key Highlights

  • 12 apartments: six one‑bedroom units and six two‑bedroom units
  • 8,139 square feet; built in 1963
  • All units occupied

Property Analytics

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Lease Details

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby

Demographics for 44109, OH

39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Cleveland, OH

$50.24 Jul
$65.3 Aug
$96.3 Sep
$91.08 Oct

Properties on Market for Apartment buildings 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?
Apartment building - Every apartment is occupied, and electricity is separately metered to residents.
Where is this apartment building located?
The property is located at 4203 Denison Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 12 apartments: six one‑bedroom units and six two‑bedroom units; 8,139 square feet; built in 1963; All units occupied
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