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Renovated Mixed-Use Apartment Building
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9605 Lorain Ave, Cleveland, OH 44102

Recently renovated apartments include two street-level retail units and secure rear parking.

Property Size15,571 SF
Lot Size0.29 Acres
Price / SF$77
Days on Market255

Property Features for 9605 Lorain Ave

General Information

Standard status Active
Size 15,571 SF
Total Parking Spaces 15
Lot size 0.29 Acres
Property subtype MULTIFAMILY
Occupancy 88%

Units

Unit Mix 6 x 2BR/1BA, 9 x 1BR/1BA
Multifamily Units 15

Additional Details

Asking Price $1,199,000

Amenities

security system
rear decks

Building Details

Year Built 1910
Year Renovated 2023
Buildings 1
Stories 3
Construction brick
Listing Agency: Green Bridge Real Estate
Listed By: Matthew S. King · License #BRK-20090002834
Source: Moodyscre
Added: Dec 18, 2025 Changed: Aug 30 Last Checked: Aug 30 at 8:31AM

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 Green Bridge Real Estate

Investment Insights

Based on property information with market context.

This three-story, all-brick apartment building combines 17 residential units with two street retail spaces across approximately 15,571 square feet. The unit mix includes six two-bedroom, one-bathroom suites and nine one-bedroom, one-bathroom suites. Most apartments were renovated in 2023 with new framing, sub-flooring, kitchens, bathrooms, and flooring. Additional improvements include a June 2021 roof, double-pane vinyl windows, updated lighting, electrical panels and meters, rebuilt rear decks, and private front and rear entrances for every unit.

The property is located at 9605 Lorain Ave in Cleveland’s West Boulevard Neighborhood. A new fenced, illuminated rear parking lot provides approximately 15 spaces. Building systems include a steam boiler and supply lines installed in 2014 and refreshed in 2024, along with a camera-equipped security system. Occupancy is 88%, or 15 of 17 units. Washer and dryer hookups are prepared for two sets, and a lead-based paint certification is valid through 2026.

Key Highlights

  • 17‑unit apartment building with two street retail units
  • Approximately 15,571 square feet on 0.292 acres
  • Unit mix includes 6 two‑bedroom and 9 one‑bedroom suites

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic Dental Office Accounting Firm

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

15
Residential units
88%
Occupancy

Location Intelligence

Trade Area within ½ mile

566
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Recently renovated apartments include two street-level retail units and secure rear parking.
Where is this apartment building located?
The property is located at 9605 Lorain Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 17‑unit apartment building with two street retail units; Approximately 15,571 square feet on 0.292 acres; Unit mix includes 6 two‑bedroom and 9 one‑bedroom suites
(216) 452-9292 Call to check price and availability
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