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

5612 Linwood Avenue, Cleveland, OH 44103

CommercialSale, Cleveland, OH

Property SizeContact for details
Lot Size0.13 Acres
Days on Market70

Property Features for 5612 Linwood Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Commercial
Rooms Laundry Room, Basement
Parking 2
Parking features On Street, Driveway
Subdivision Midway N C Waters
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions E55 to Linwood
Standard status Active Under Contract
APN 104-18-038
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7005

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

coin operated laundry

Building Details

Year built 1916
Floors in Building 3
Number of units 7
Roof type Flat, Membrane, Rubber
Listing Agency: Century 21 Homestar · Century 21 Real Estate
Listed By: Anthony D Takacs · License #2014004742
Added: Jun 23 Changed: Aug 20 Last Checked: Aug 31 at 3:06PM
MLS# 5221522

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 all-brick apartment building contains 7 apartments, each configured with 2 bedrooms and 1 bath. The property includes refrigerators and stoves, updated kitchens and bathrooms with tile finishes, oak cabinetry, and refreshed common areas. A basement laundry room includes coin-operated equipment, and the building has a shared driveway with on-street parking.

Utility infrastructure includes separate gas and electric metering for the apartments, 7 gas meters, and 7 electric panels. The property also has 6 in-unit furnaces, 6 A/C units, and 6 H20 tanks. Capital improvements include vinyl windows installed in 2005, electrical panels, H2O tanks upgraded from 2019-2024, electrical service improvements, and basement glass block windows. One basement apartment is not currently in use and requires renovation.

Built in 1916 on 0.125 acres, the property is served by public water and public sewer and uses forced-air natural-gas heating with central air. Case Western Reserve University is 2.2 miles away, Downtown Cleveland is 3.2 miles away, and Daves Supermarket is 0.8 miles away.

Key Highlights

  • 7 apartments with 2 bedrooms and 1 bath per unit
  • Separate utility infrastructure includes 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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

945
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - All-brick multifamily property with separately metered utilities, shared laundry, and proximity to major Cleveland institutions.
Where is this apartment building located?
The property is located at 5612 Linwood Avenue 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 2 bedrooms and 1 bath per unit; Separate utility infrastructure includes 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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