Search
16-Unit Mixed-Use Property
For Sale
$875,000
Pending

4316 Pearl Road, Cleveland, OH 44109

The building combines apartment residences with street-level retail and basement access for the shops.

Property Size19,518 SF
Days on Market9

Property Features for 4316 Pearl Road

General Information

Standard status Pending
Size 19,518 SF

Site & Location

Neighborhood Old Brooklyn
Highway Access Yes
Road Access Yes
Utilities to Site Yes
Mixed-Use Components retail, residential

Units

Unit Mix 3 x 1BR/1BA, 2 x 3BR/1BA, 6 x 2BR/1BA, 1 x Studio/1BA
Multifamily Units 12
Individually Metered Utilities electricity, gas

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $22,446

Amenities

Full
true
2
false
Wood
Public
0.2204
Appraiser
Paved
Basement,Block
19518
1

Building Details

Building Size 19,518 SF
Year Built 1912
Stories 2
Construction brick
Tenancy Multi
Listing Agency:
Listed By: Karen Ullom
Source: Karenullomrealty
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 3:42PM

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 Karen Ullom

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 16-unit mixed-use building in Old Brooklyn contains 12 apartments above four street-level retail shops. The apartment mix includes three 1-bedroom/1-bath units, two 3-bedroom/1-bath units, six 2-bedroom/1-bath units, and one studio/1-bath unit. The brick property was built in 1912, and each unit has an individual GFA furnace and separate gas and electric meters. Several furnaces have been replaced or added within the past five years. The flat rolled-asphalt roof was resurfaced in 2026. Four second-floor apartments have small balconies, and retail spaces have basement access.

The shops face Pearl Avenue, and the property is in Old Brooklyn, near MetroHealth and north of I-480. Cleveland’s downtown is a short drive away. Parking is street-only. The owner pays water, sewer, and maintenance expenses.

Key Highlights

  • 16 units: 12 apartments and 4 retail shops
  • Apartment mix: 3 one‑bedroom, 2 three‑bedroom, 6 two‑bedroom, and 1 studio unit; all with 1 bath
  • Four street‑level retail spaces include basement access

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Miscreant and the Muse (Bike/Boat/Book/etc) Store Recording Studio Recording Studio Dee Lashaye Entertainment Business Service Center

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Accounting Firm Skin Care Clinic 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

12
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

789
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
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines apartment residences with street-level retail and basement access for the shops.
Where is this mixed-use property located?
The property is located at 4316 Pearl Road Cleveland, OH.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 16 units: 12 apartments and 4 retail shops; Apartment mix: 3 one‑bedroom, 2 three‑bedroom, 6 two‑bedroom, and 1 studio unit; all with 1 bath; Four street‑level retail spaces include basement access
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved