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4-Unit Apartment Building
For Sale
$950,000

8403 Detroit Avenue, Cleveland, OH 44102

The apartments offer a mix of one-bedroom and efficiency layouts, with leases extending through 2027.

Property SizeContact for details
Days on Market45

Property Features for 8403 Detroit Avenue

General Information

Standard status Active
Property subtype Quadruplex

Site & Location

Neighborhood Cudell
Highway Access Yes

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,717

Building Details

Year Built 1910
Listing Agency: Life Stages Realty LLC
Listed By: Nicolette Kuebeler · License #2022002552
Source: Lifestagesrealty
Added: Sep 14 Changed: Oct 27 Last Checked: Oct 27 at 3:37AM

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 Life Stages Realty LLC

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Investment Insights

Based on property information with market context.

Built in 1910, this four-unit residential property contains one-bedroom and efficiency apartments. Updates include the roof, HVAC systems, electrical and plumbing components, and apartment interiors. Tenants pay their own utilities, and all units are leased through 2027.

The property is on Detroit Avenue in Cleveland’s Detroit Shoreway neighborhood, with access to downtown Cleveland and major highways. Edgewater Park is a short drive away.

Key Highlights

  • Four apartments with a mix of one‑bedroom and efficiency layouts
  • All units leased through 2027
  • Updated roof, HVAC systems, electrical, plumbing, and apartment interiors

Property Analytics

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Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

657
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The apartments offer a mix of one-bedroom and efficiency layouts, with leases extending through 2027.
Where is this quadplex located?
The property is located at 8403 Detroit Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four apartments with a mix of one‑bedroom and efficiency layouts; All units leased through 2027; Updated roof, HVAC systems, electrical, plumbing, and apartment interiors
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