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Mixed-Use Property with Apartments
New
For Sale
$225,000

4439 State Road, Cleveland, OH 44109

Four vacant components include two apartments, a storefront, and warehouse/storage space.

Property Size3,744 SF
Days on Market4

Property Features for 4439 State Road

General Information

Standard status Active
Size 3,744 SF
Zoning Commercial

Site & Location

Neighborhood Old Brooklyn
Highway Access Yes
Mixed-Use Components residential, retail, warehouse

Units

Unit Mix 1 x 4BR, 1 x 2BR
Multifamily Units 2

Additional Details

Asking Price $225,000

Taxes and HOA fees

Annual Taxes $5,073

Amenities

Unfinished
true
Public
0.1687
4
false
Assessor
Driveway,Off Street
3744
2

Building Details

Building Size 3,744 SF
Year Built 1890
Stories 2
Listing Agency:
Listed By: Karen Ullom
Source: Karenullomrealty
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 2:52PM

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
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Investment Insights

Based on property information with market context.

This vacant mixed-use property at 4439 State Road contains four separate spaces: a 4-bedroom apartment, a 2-bedroom apartment, a storefront, and warehouse/storage area. The building dates to 1890 and has vinyl windows, a Trane furnace, hot water tanks estimated at five years old, and a roof estimated at about ten years old. The property is zoned Commercial.

The building is in Cleveland’s Old Brooklyn neighborhood. Nearby destinations identified for the property include MetroHealth Medical Center, Downtown Cleveland, I-71, I-480, Cleveland Metroparks Zoo, and the Towpath Trail. The Pearl Road corridor is also noted as an area of ongoing redevelopment.

Key Highlights

  • Four vacant spaces: 4‑bedroom apartment, 2‑bedroom apartment, storefront, and warehouse/storage area
  • Commercial zoning
  • Vinyl windows, Trane furnace, hot water tanks estimated at 5 years old, and roof estimated at about 10 years old

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Restaurant (Bike/Boat/Book/etc) Store 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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

812
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
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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 - Four vacant components include two apartments, a storefront, and warehouse/storage space.
Where is this mixed-use property located?
The property is located at 4439 State Road Cleveland, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Four vacant spaces: 4‑bedroom apartment, 2‑bedroom apartment, storefront, and warehouse/storage area; Commercial zoning; Vinyl windows, Trane furnace, hot water tanks estimated at 5 years old, and roof estimated at about 10 years old
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