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24-Unit Brick Apartment Buildings
New
For Sale
$2,150,000

818 S Green Road, South Euclid, OH 44121

CommercialSale, South Euclid, OH

Property SizeContact for details
Lot Size1.31 Acres
Days on Market6

Property Features for 818 S Green Road

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Multi-Family
Rooms Laundry Room
Parking 34
Parking features Garage, Covered, Carport
Security features Security
Subdivision South Euclid Prcl A-2
Elementary school district South Euclid-Lyndhurst - 1829
Middle school district South Euclid-Lyndhurst - 1829
High school district South Euclid-Lyndhurst - 1829
Directions South of Monticello
Standard status Active
APN 701-09-020
Lot size 1.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PCL A-2 VOL 350 PG 78 FF 200.17 1.3054AC OL 6-28 2008S/R
Tax Annual Amount 51296
HOA Fee $21,122 Annually
Legal Description PCL A-2 VOL 350 PG 78 FF 200.17 1.3054AC OL 6-28 2008S/R

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Window Unit(s)
Water source Public

Amenities

laundry

Building Details

Year built 1962
Floors in Building 3
Number of units 24
Roof type Membrane, Flat
Listing Agency: Keller Williams Living · Keller Williams Realty
Listed By: Erin Thomas · License #2019005940
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 31 at 11:06AM
MLS# 5239246

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 South Euclid multifamily property includes three brick apartment buildings containing 24 total units. Each apartment offers two bedrooms and one bathroom, with individual furnaces and tenant-paid gas and electric service. Four units are vacant and undergoing renovation for future lease-up or completion by a new owner. The buildings have slab foundations, flat membrane roofs, and no basements. Recent capital work includes two roof replacements, furnace and hot water tank upgrades, and extensive interior renovations.

The 1.3054-acre property at 818 S Green Road includes 29 garage spaces and 6 surface parking spaces. Each building has an owner-operated laundry room with two washers and two dryers. Public water and sewer serve the property. The site is adjacent to North and South Quarry green space and is minutes from Cleveland Clinic, University Hospitals, shopping, dining, and Metroparks. Built in 1962, the asset combines existing rental operations with four units in renovation.

Key Highlights

  • 24 units across three 8‑unit brick apartment buildings
  • All apartments have 2 bedrooms and 1 bathroom
  • Four vacant units are under renovation for lease‑up or buyer completion

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

24
Residential units

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 44121, OH

32,887
Population
14,916
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
96%
High-School Grad
6.4 sq mi
ZIP Area
5,139
Density / Sq Mi
$75,621
Median Household Income
$41,061
Median Earnings
$1,113
Median Rent
$129,300
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 - Three-building multifamily asset with individual furnaces, resident-paid gas and electric, and on-site laundry.
Where is this apartment building located?
The property is located at 818 S Green Road South Euclid, OH.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 24 units across three 8‑unit brick apartment buildings; All apartments have 2 bedrooms and 1 bathroom; Four vacant units are under renovation for lease‑up or buyer completion
More about this property
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