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Updated Seven-Unit Apartment Building
For Sale
$369,900

5612 Linwood Ave, Cleveland, OH 44103

All-brick multifamily property with separately metered utilities, updated interiors, shared driveway, and coin-operated laundry.

Days on Market41

Property Features for 5612 Linwood Ave

General Information

Standard status Active

Units

Unit Mix 7 x 2BR/1BA
Multifamily Units 7

Amenities

coin-operated laundry

Building Details

Buildings 1
Construction brick
Listing Agency: Century 21 Homestar
Listed By: Anthony D Takacs · License #2014004742
Source: Exprealty
Added: Jun 23 Changed: Jul 31 Last Checked: Jul 31 at 11:43AM

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 Century 21 Homestar

Investment Insights

Based on property information with market context.

Updated all-brick apartment building with 7 apartments, each configured as a large 2-bedroom, 1-bath unit. Apartments include refrigerators and stoves, while kitchens and bathrooms feature tile flooring, tile showers, oak cabinets, and updated finishes. The building has updated common areas, vinyl windows installed in 2005, and a basement with glass block windows. A coin-operated laundry provides an additional building amenity.

Separate gas and electric metering supports tenant-paid utilities, with 7 gas meters and 7 electric panels. The property also includes 6 in-unit furnaces, 6 A/C units, and 6 H2O tanks. On-street parking and a shared driveway serve the building. One basement apartment is currently not being utilized and requires renovation. Located at 5612 Linwood Ave in Cleveland, the property is 2.2 miles from Case Western Reserve University, 3.2 miles from Downtown Cleveland, and 0.8 miles from Dave’s Supermarket.

Key Highlights

  • 7 apartments with large 2‑bedroom, 1‑bath layouts
  • Separate utilities with 7 gas meters and 7 electric panels
  • 6 in‑unit furnaces, 6 A/C units, and 6 H2O tanks

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Spa & Massage 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.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

Demographics for 44103, OH

14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All-brick multifamily property with separately metered utilities, updated interiors, shared driveway, and coin-operated laundry.
Where is this apartment building located?
The property is located at 5612 Linwood Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 7 apartments with large 2‑bedroom, 1‑bath layouts; Separate utilities with 7 gas meters and 7 electric panels; 6 in‑unit furnaces, 6 A/C units, and 6 H2O tanks
More about this property
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