Listing Agency: Joseph Walter Realty, LLC

Listed By: Steven Wilson · License #2020006263

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 11:30AM

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Investment Insights

Based on property information with market context.

This residential income property is configured as a full duplex and is offered for sale. The property is located at 5903 Wakefield Avenue in Cleveland, Ohio 44102.

Key Highlights

• Full duplex configuration
• 5903 Wakefield Avenue, Cleveland, OH 44102

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Accounting Firm (Bike/Boat/Book/etc) Store HVAC Service Nail Salon Computer & Electronic Repair

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

949

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Complete duplex configuration for residential income use.

Where is this duplex located?

The property is located at 5903 Wakefield Avenue Cleveland, OH.

What are key features of this property?

This property features: Full duplex configuration; 5903 Wakefield Avenue, Cleveland, OH 44102