18-Unit Apartment
New
For Sale
$1,799,000
885 S Green Road, South Euclid, OH 44121
CommercialSale, South Euclid, OH
Property SizeContact for details
Lot Size1.09 Acres
Days on Market7
Property Features for 885 S Green Road
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Multi-Family
Rooms
Basement
Parking
28
Parking features
Garage, Off Street, Carport, Parking Lot, Driveway
Subdivision
R T Monroes Bluestone Green
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
701-27-004
Lot size
1.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
28 BLUESTONE & GREEN RD &S/L2 & 3 0001 ALL 70127004 TO70127006
Tax Annual Amount
39588
HOA Fee
$29,196 Annually
Legal Description
28 BLUESTONE & GREEN RD &S/L2 & 3 0001 ALL 70127004 TO70127006
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Window Unit(s), Central Air
Water source
Public
Amenities
central air
owner-owned laundry
security cameras
Building Details
Year built
1958
Floors in Building
3
Number of units
18
Roof type
Asphalt, Flat, Fiberglass
Listing Agency:
Keller Williams Living · Keller Williams Realty
(440) 318-1620
Listed By:
Erin Thomas · License #2019005940
(440) 670-2300
Added: Aug 25
Changed: Aug 28
Last Checked: Aug 31 at 7:06AM
MLS# 5236791
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 multifamily offering includes two neighboring brick apartment buildings totaling 18 units: sixteen two-bedroom apartments and two one-bedroom apartments. The buildings date to 1958 and have received improvements to kitchens, bathrooms, flooring, electrical panels, mechanical systems, security cameras, and roofing. One building has a 2025 roof, central air, newer furnaces and hot water tanks, owner-owned laundry, 10 garage spaces, and six surface spaces. The second building includes eight garage spaces, four surface spaces, owner-owned laundry, updated units, and one vacant apartment.
The property is located at 885 S. Green Road in South Euclid, adjacent to the Euclid Creek Reservation. Cleveland Clinic, University Hospitals, Beachwood, Cleveland Heights, shopping, dining, and Metroparks are described as minutes away. Public water and public sewer serve the property, with forced-air heating and a combination of central and window-unit cooling.
The property is located at 885 S. Green Road in South Euclid, adjacent to the Euclid Creek Reservation. Cleveland Clinic, University Hospitals, Beachwood, Cleveland Heights, shopping, dining, and Metroparks are described as minutes away. Public water and public sewer serve the property, with forced-air heating and a combination of central and window-unit cooling.
Key Highlights
- 18‑unit multifamily portfolio with sixteen 2‑bedroom and two 1‑bedroom apartments
- Two neighboring brick apartment buildings at 885 S. Green Road, South Euclid, OH 44121
- Current 7.73% cap rate and projected 8.69% pro forma cap rate
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two brick buildings offer renovated interiors, owner-operated laundry, garage parking, and public utilities.
Where is this apartment building located?
The property is located at 885 S Green Road South Euclid, OH.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: 18‑unit multifamily portfolio with sixteen 2‑bedroom and two 1‑bedroom apartments; Two neighboring brick apartment buildings at 885 S. Green Road, South Euclid, OH 44121; Current 7.73% cap rate and projected 8.69% pro forma cap rate
