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Development Opportunity in Midtown Cleveland
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1944 E 71 St, Cleveland, OH 44103

Land with potential for multifamily conversion in mixed-use district.

Property Size2,763 SF
Lot Size0.46 Acres
Price / SF$162.87
Days on Market797

Property Features for 1944 E 71 St

General Information

Standard status Active
Size 2,763 SF
Lot size 0.46 Acres
Property subtype Land
Zoning MMUD-2
Listing Agency: Hoff & Leigh Fairlawn
Listed By: Joe Zumpano · License #OH SAL.2015004596
Source: Crexi
Added: Jun 16, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:09AM

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 Hoff & Leigh Fairlawn

Investment Insights

Based on property information with market context.

This property presents a development opportunity at the corner of Chester Avenue and E 71st Street, Cleveland. The offering includes three parcels and features a 2,763 square foot residential home, which has potential for multifamily conversion. The location is within the Midtown mixed-use district. Additional development land of approximately 0.46 acres is available at the corner of Chester Avenue, situated between E 72nd Place and E 73rd Street.

Key Highlights

  • Development opportunity at the corner of Chester Avenue and E 71st Street.
  • Includes 3 parcels.
  • Located in the Midtown mixed‑use district.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon HVAC Service 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.

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby

Demographics for 44103, OH

14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Land with potential for multifamily conversion in mixed-use district.
Where is this land located?
The property is located at 1944 E 71 St Cleveland, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Development opportunity at the corner of Chester Avenue and E 71st Street.; Includes 3 parcels.; Located in the Midtown mixed‑use district.
(330) 940-9360 Call to check price and availability
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