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Three-Unit Multifamily Property
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5996 Engel Ave, Cleveland, OH 44127

Two houses share one lot, with a three-unit layout and renovation needs.

Property Size3,534 SF
Price / SF$8.46
Days on Market131

Property Features for 5996 Engel Ave

General Information

Standard status Active
Size 3,534 SF
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence may be condemned

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,518

Building Details

Buildings 2
Listing Agency: Realty Now, Inc.
Listed By: Alexander Vinokur
Source: Exprealty
Added: Apr 23 Changed: Aug 30 Last Checked: Aug 30 at 7:52PM

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 Realty Now, Inc.

Investment Insights

Based on property information with market context.

This multifamily property includes two houses on a single lot totaling 3,534 square feet and three units. The front residence is configured as an up-and-down double, while the rear residence is a single unit requiring substantial work.

The property is offered in as-is condition. The seller will not remove contents or complete repairs. The property may be subject to condemnation, and rehabilitation could require architectural drawings, permits, and buyer-led due diligence before work begins.

Key Highlights

  • Two houses positioned on one lot
  • Three total units across the property
  • 3,534 square feet of total property size

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Dental Office Spa & Massage Center Law Firm

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby

Demographics for 44127, OH

4,179
Population
2,182
Households
1.9
Avg Household Size
37
Median Age
10%
College-Educated
67%
High-School Grad
1.8 sq mi
ZIP Area
2,322
Density / Sq Mi
$32,955
Median Household Income
$29,000
Median Earnings
$657
Median Rent
$50,600
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?
Multifamily property - Two houses share one lot, with a three-unit layout and renovation needs.
Where is this multifamily property located?
The property is located at 5996 Engel Ave Cleveland, OH.
What are key features of this property?
This property features: Two houses positioned on one lot; Three total units across the property; 3,534 square feet of total property size
More about this property
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