Apartment Building with Lake
For Sale
$1,924,900
5214 Old Lake Road, Geneva, OH 44041
CommercialSale, Geneva, OH
Property SizeContact for details
Lot Size0.64 Acres
Days on Market81
Property Features for 5214 Old Lake Road
General Information
Property type
Commercial Sale
Property subtype
Apartment
Rooms
Basement
Parking
15
Parking features
Parking Lot, Driveway
Subdivision
Battell Tr
Elementary school district
Geneva Area CSD - 404
Middle school district
Geneva Area CSD - 404
High school district
Geneva Area CSD - 404
Directions
East end of the strip, 2nd property in from the V, behind the deli/convenience store.
Standard status
Active
APN
210300004500
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
4 PARCELS IN TOTAL
Tax Annual Amount
8613
Legal Description
4 PARCELS IN TOTAL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1998
Number of units
12
Roof type
Metal
Listing Agency:
Brokers Realty Group · Real Living
(330) 856-7777
Listed By:
Danny Duvall · License #2013000677
(330) 883-0040
Added: Jun 4
Changed: Aug 20
Last Checked: Aug 23 at 6:06AM
MLS# 5215436
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.
Investment Insights
Based on property information with market context.
This 0.64-acre apartment property includes 12 rental units arranged across three buildings. Each unit offers 2 bedrooms and 1 bath, with several residences incorporating updated finishes and modern improvements. The property was built in 1998 and includes a metal roof, forced-air natural gas heating, central air, public water, and public sewer. On-site parking is provided through a parking lot and driveway, and basement space is included.
The property is located at 5214 Old Lake Road in Geneva-on-the-Lake, Ohio, with access from Old Lake Road and Lake Road. Lake Erie views and views toward the Geneva-on-the-Lake Strip are part of the setting. Township Park, public beach access, restaurants, bars, shopping, live entertainment, wineries, and seasonal attractions are within walking distance.
Four units are operated as monthly rentals, while other units are used for short-term stays. Seven of the 12 units are occupied under month-to-month agreements.
The property is located at 5214 Old Lake Road in Geneva-on-the-Lake, Ohio, with access from Old Lake Road and Lake Road. Lake Erie views and views toward the Geneva-on-the-Lake Strip are part of the setting. Township Park, public beach access, restaurants, bars, shopping, live entertainment, wineries, and seasonal attractions are within walking distance.
Four units are operated as monthly rentals, while other units are used for short-term stays. Seven of the 12 units are occupied under month-to-month agreements.
Key Highlights
- 12 total rental units, each with 2 bedrooms and 1 bath
- 0.64‑acre property with Lake Erie and Geneva‑on‑the‑Lake Strip views
- Three‑building layout with several units updated with modern improvements
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
58.3%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 44041, OH
13,910
Population
7,155
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
214
Density / Sq Mi
$58,438
Median Household Income
$37,644
Median Earnings
$816
Median Rent
$167,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multi-building rental property near Lake Erie with updated units, public beach access, and walkable entertainment amenities.
Where is this apartment building located?
The property is located at 5214 Old Lake Road Geneva, OH.
What is the asking price?
The asking price for this property is $1,924,900.
What are key features of this property?
This property features: 12 total rental units, each with 2 bedrooms and 1 bath; 0.64‑acre property with Lake Erie and Geneva‑on‑the‑Lake Strip views; Three‑building layout with several units updated with modern improvements
