Search
Mixed-Use Building with Apartments
New
For Sale
$280,000

5425 Fleet Ave, Cleveland, OH 44105

Two-level commercial and residential property with LR zoning and an established income-producing configuration.

Property Size7,116 SF
Price / SF$39.35
Days on Market2

Property Features for 5425 Fleet Ave

General Information

Standard status Active
Size 7,116 SF

Building Details

Year Built 1890
Listing Agency: RE/MAX Above & Beyond
Listed By: Nicholas Hardy · License #2022007225
Source: Theacclaimedrealty
Added: Sep 11 Last Checked: Sep 11 at 3:08PM

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 RE/MAX Above & Beyond

Investment Insights

Based on property information with market context.

Built in 1890, this approximately 7,116-square-foot mixed-use building combines commercial space at street level with residential apartments above. The first floor provides a substantial commercial footprint that may be configured as two units, while the upper level includes two rented apartments. Additional upper-floor space is present for future renovation or repositioning, subject to required approvals.

The property is located at 5425 Fleet Ave in Cleveland’s Fleet Avenue corridor, with access to surrounding neighborhoods, major roadways, shopping, dining, and other amenities. LR zoning is in place, and buyers should independently verify permitted uses, occupancy, building-code compliance, permits, certificates of occupancy, and any required improvements. The property is offered as-is.

Key Highlights

  • Approximately 7,116‑square‑foot mixed‑use building
  • First‑floor commercial footprint with potential for two units
  • Two rented apartments occupy the upper level

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Law Firm Dental Office Gym & Fitness Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby

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
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level commercial and residential property with LR zoning and an established income-producing configuration.
Where is this mixed-use property located?
The property is located at 5425 Fleet Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Approximately 7,116‑square‑foot mixed‑use building; First‑floor commercial footprint with potential for two units; Two rented apartments occupy the upper level
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