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Mixed-Use Building with Storefronts
For Sale
$500,000

9714 Madison Ave, Cleveland, OH 44102

Five apartments accompany four commercial storefronts and rear parking.

Property Size16,125 SF
Price / SF$31.01
Days on Market9

Property Features for 9714 Madison Ave

General Information

Standard status Active
Size 16,125 SF
Total Parking Spaces 6
Property subtype Commercial

Units

Unit Mix 2 x 2BR, 3 x 1BR
Multifamily Units 5

Amenities

outdoor backporches
storage lockers

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: The Advantage in Real Estate
Listed By: Sandy Maline 440-554-2260, sandymaline@gmail.com · License #320003
Source: Midohiohomesales
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 30 at 5:55PM

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 The Advantage in Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property combines four storefronts with five apartments, including two two-bedroom units and three one-bedroom units. Apartment accommodations include private outdoor back porches, while a basement provides individual storage lockers for the residential units. The property was built in 1900 and contains 16,125 of property size as reported.

Six parking spaces are located behind the building. Residents are responsible for gas and electric service, while ownership covers water, sewer, and electricity serving common areas. All apartments are leased on a month-to-month basis, and one unit is currently vacant for marketing.

Key Highlights

  • Four storefronts and five apartments in one mixed‑use property
  • Apartment mix includes two 2‑bedroom units and three 1‑bedroom units
  • Six rear parking spaces

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Bakery Skin Care Clinic Cafe & Coffee Shop

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

558
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?
Mixed-use property - Five apartments accompany four commercial storefronts and rear parking.
Where is this mixed-use property located?
The property is located at 9714 Madison Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four storefronts and five apartments in one mixed‑use property; Apartment mix includes two 2‑bedroom units and three 1‑bedroom units; Six rear parking spaces
More about this property
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