Mixed-Use Property on East
For Sale
Contact for pricing
608 E 185th St, Cleveland, OH 44119
Fully occupied mixed-use property with commercial and residential units.
Property SizeContact for details
Days on Market185
Property Features for 608 E 185th St
General Information
Standard status
Active
Class
B
Property subtype
Mixed Use
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$24,930
Building Details
Year Built
1927
Buildings
2
Stories
1
Units
6
Tenancy
Multi
Listing Agency:
Russell Commercial Advisory
Listed By:
Tal Tamir · License #OH 2018001908
Source:
Crexi
Added: Feb 17
Changed: Aug 14
Last Checked: Aug 20 at 8:52PM
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 Russell Commercial Advisory
Investment Insights
Based on property information with market context.
This fully occupied mixed-use property is located on East 185th Street in Cleveland, Ohio, just outside of Euclid. The property includes four commercial storefronts and a duplex, all situated on the same lot. All units are currently leased, providing immediate income. The commercial spaces are leased at an average of $750 per month, presenting an opportunity for increased rental income upon renewal. The duplex features two one-bedroom, one-bath units. One unit is leased at $625 per month through November 30, 2025, and the other is leased at $575 per month through July 31, 2026. A new roof is being installed on the commercial building. The property is currently operating at an 8%+ cap rate, with potential for double-digit returns through rent increases. This income-producing asset is located in a high-visibility area.
Key Highlights
- Fully occupied mixed‑use property with immediate cash flow.
- 8%+ cap rate with potential for double‑digit returns through rent increases.
- Features four commercial storefronts and a duplex on one lot.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
916
Businesses Nearby
Explore this area
Business Placement
Demographics for 44119, OH
12,134
Population
6,941
Households
1.7
Avg Household Size
44
Median Age
19%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
5,515
Density / Sq Mi
$48,268
Median Household Income
$36,556
Median Earnings
$927
Median Rent
$109,700
Median Home Value
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 - Fully occupied mixed-use property with commercial and residential units.
Where is this mixed-use property located?
The property is located at 608 E 185th St Cleveland, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Fully occupied mixed‑use property with immediate cash flow.; 8%+ cap rate with potential for **double‑digit returns** through rent increases.; Features four commercial storefronts and a duplex on one lot.
