12-Unit Apartment
4578 E 131st Street, Garfield Heights, OH 44105
For Sale
$825,000
The fully occupied property offers a mix of one- and two-bedroom apartments, with upgrades completed in half of the units.
Property SizeContact for details
Days on Market135
Property Features for 4578 E 131st Street
General Information
Standard status
Property subtype
Occupancy
Financials
Cap Rate
Gross Income
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Russell Real Estate Services
Listed By:
Tal Tamir · License #2018001908
(216) 870-8687
Source:
Lifestagesrealty
Added: Jun 26
Changed: Nov 6
Last Checked: Nov 6 at 1:53PM
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 Russell Real Estate Services
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Investment Insights
Based on property information with market context.
Built in 1962, this 12-unit apartment property is fully occupied and includes eight two-bedroom apartments and four one-bedroom apartments. Six units have remodeled kitchens, bathrooms, flooring, and lighting. Other improvements include furnaces, wall-unit ACs, refreshed common areas and garages, new exterior entry doors, and hot-water tanks. Two roofs were installed in 2025, and the parking lot was replaced. The property is reported at a 9.5% as-is cap rate.
Tenants pay gas and electricity; ownership covers water, sewer, trash, and utilities for common areas. Some leases are month to month.
Tenants pay gas and electricity; ownership covers water, sewer, trash, and utilities for common areas. Some leases are month to month.
Key Highlights
- 12 apartments: eight two‑bedroom units and four one‑bedroom units
- Six of the 12 units have remodeled kitchens, bathrooms, flooring, and lighting
- Two roofs installed in 2025
Property Analytics
Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Apartment buildings in Cuyahoga County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The fully occupied property offers a mix of one- and two-bedroom apartments, with upgrades completed in half of the units.
Where is this apartment building located?
The property is located at 4578 E 131st Street Garfield Heights, OH.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 12 apartments: eight two‑bedroom units and four one‑bedroom units; Six of the 12 units have remodeled kitchens, bathrooms, flooring, and lighting; Two roofs installed in 2025
