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4-Unit Mixed-Use Building
New
For Sale
$309,000

5007 Clark Avenue, Cleveland, OH 44102

CommercialSale, Cleveland, OH

Property SizeContact for details
Lot Size0.11 Acres
Days on Market2

Property Features for 5007 Clark Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking 4
Parking features Parking Lot
Subdivision James Hoyts
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions On Clark Avenue, between W 52nd Street and W 50th Street
Standard status Active
APN 016-11-048
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 47 HOYT 0008 ALL
Tax Annual Amount 3472
Legal Description 47 HOYT 0008 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

garage
basement
privacy fence

Building Details

Year built 1910
Floors in Building 2
Roof type Fiberglass, Asphalt
Listing Agency: RE/MAX Haven Realty · RE/MAX International
Listed By: Michael Azzam · License #2014004734
Added: Oct 16 Last Checked: Oct 17 at 10:06AM
MLS# 5253651

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.

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Investment Insights

Based on property information with market context.

The property combines two commercial storefronts with two residential apartments. Each apartment has two bedrooms, one full bathroom, a living room, kitchen, and adjoining dining area. Improvements include replacement sewer lines, updated electrical panels and service, newer furnaces and hot water tanks, and a roof installed approximately one year ago. The basement provides storage, and a detached two-car garage is also on site.

Located on Cleveland’s West Side, the property is near I-90, I-71, I-490, MetroHealth Main Campus, public transportation, schools, shops, parks, and restaurants. Four rear parking spaces and a privacy fence separating the tenants’ backyard areas are additional site features.

Key Highlights

  • Two commercial storefronts and two residential apartments
  • Each apartment has 2 bedrooms and 1 full bathroom
  • 0.1148‑acre lot

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Accounting Firm

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby

Demographics for 44102, OH

43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
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 - Two-bedroom apartments sit alongside commercial storefronts, with distinct residential and commercial areas.
Where is this mixed-use property located?
The property is located at 5007 Clark Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Two commercial storefronts and two residential apartments; Each apartment has 2 bedrooms and 1 full bathroom; 0.1148‑acre lot
More about this property
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