6-Unit Mixed-Use
For Sale
$269,900
608 E 185th St, Euclid, OH 44119
Combines commercial storefront space with a residential duplex in one integrated property.
Property SizeContact for details
Days on Market195
Property Features for 608 E 185th St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$5,454
Building Details
Tenancy
Multi
Listing Agency:
Russell Real Estate Services
(216) 870-8687
Listed By:
Tal Tamir · License #2018001908
(216) 870-8687
Source:
Exprealty
Added: Feb 17
Changed: Aug 30
Last Checked: Jul 17 at 7:41AM
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 Real Estate Services
Investment Insights
Based on property information with market context.
This mixed-use asset contains six units arranged across four commercial storefronts and a residential duplex. One storefront is currently vacant, while the remaining commercial spaces and both residential units are leased. The property combines income-producing commercial and residential components within the same lot, creating a varied occupancy profile.
A newly installed roof serves the commercial building. Existing rents are identified as below market for both the storefronts and duplex units, with market comparisons provided for each component. Pro forma figures indicate a 12%+ cap rate and over 19% cash-on-cash return. The property is located at 608 E 185th St in Euclid, Ohio, on a corridor described as high traffic.
A newly installed roof serves the commercial building. Existing rents are identified as below market for both the storefronts and duplex units, with market comparisons provided for each component. Pro forma figures indicate a 12%+ cap rate and over 19% cash-on-cash return. The property is located at 608 E 185th St in Euclid, Ohio, on a corridor described as high traffic.
Key Highlights
- 6‑unit property with four commercial storefronts and a residential duplex
- One commercial unit is vacant for lease‑up
- New roof installed on the commercial building
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines commercial storefront space with a residential duplex in one integrated property.
Where is this mixed-use property located?
The property is located at 608 E 185th St Euclid, OH.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 6‑unit property with four commercial storefronts and a residential duplex; One commercial unit is vacant for lease‑up; New roof installed on the commercial building
