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    Property profile & analytics

    24570 Lake Shore Blvd Euclid, OH 44123

    • Apartment buildings
    • 115,750 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 24570 Lake Shore Blvd

    Year built
    1943
    Property size
    115,750 SF
    Property type
    Apartment buildings

    Description

    This exceptional investment opportunity presents a portfolio of two multifamily properties, collectively known as Euclid Crossings, located in Euclid, Ohio, within Cuyahoga County. The portfolio comprises 165 units spread across eleven buildings, each three stories high, totaling 115,750 square feet. Constructed between 1943 and 1950, these Class C apartment buildings are situated at 24570 Lakeshore Blvd and 415 E 222nd St, both in the 44123 zip code. The properties are zoned U3-Apartment House District and are offered as a fee simple ownership. Currently boasting a 93% occupancy rate and a 6.00% cap rate, this value-add investment presents significant potential for increased returns. The properties are classified as a multifamily investment of the value-add type. This is a rare opportunity to acquire a substantial multifamily portfolio in a desirable location. The properties can be purchased individually or as a complete portfolio. Further details and access to a data room are available.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Euclid
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5122
    Latitude
    41.6164

    Comparable in this City

    • Value Estimation by Request
      1,423 SF

      131 242nd St

      APARTMENT HOUSE (5+ UNITS) • 1,423 SF
      131 242nd St, Euclid, OH 44123-1151
      View Details
    • Value Estimation
      $205,000
      1,590 SF

      140 242nd St

      APARTMENT HOUSE (5+ UNITS) • 1,590 SF
      140 242nd St, Euclid, OH 44123
      View Details
    • Value Estimation by Request
      1.35 Acres

      Lk Shr Blvd

      APARTMENT HOUSE (5+ UNITS) • 1.35 Acres
      Lk Shr Blvd, Euclid, OH 44123
      View Details
    • Value Estimation by Request
      1,450 SF

      110 242nd St

      APARTMENT HOUSE (5+ UNITS) • 1,450 SF
      110 242nd St, Euclid, OH 44123-1152
      View Details
    • Value Estimation by Request
      1,352 SF

      120 242nd St

      APARTMENT HOUSE (5+ UNITS) • 1,352 SF
      120 242nd St, Euclid, OH 44123-1152
      View Details
    • Value Estimation by Request
      1,134 SF

      101 242nd St

      APARTMENT HOUSE (5+ UNITS) • 1,134 SF
      101 242nd St, Euclid, OH 44123-1151
      View Details

    Similar Nearby for Sale

    • $149,000
      1,944 SF

      Colonial Duplex with Income Potential

      Euclid duplex with rental income and value-add opportunities.
      20101 Tracy Ave, Euclid, OH 44123
      View Details
    • $275,000
      Pending

      Euclid Duplex Near Lake Shore

      Side-by-side duplex with private garages, near Lake Shore Blvd.
      20207 Lake Shore Blvd, Cleveland, OH 44123
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    • $336,800
      0.11 Acres

      Euclid Multifamily Property Near Lake

      Well-maintained triplex near Lake Erie, close to Cleveland.
      21051 S Lake Shore Blvd, Cleveland, OH 44123
      View Details
    • $260,000
      Pending

      Euclid Duplex on Lake Shore

      Rare, well-maintained duplex with renovation potential in prime Euclid location.
      20249 Lake Shore Blvd, Cleveland, OH 44123
      View Details
    • $164,000
      Pending

      Euclid Duplex: Income Potential

      Income-producing duplex in Euclid, ideal for investors or owner-occupants.
      515 E 222 St, Euclid, OH 44123
      View Details
    • $125,000
      Pending

      Well-Kept Brick Duplex Opportunity

      Income potential near parks, conveniences, and Lake Erie shoreline.
      23831-23835 Lake Shore Blvd, Euclid, OH 44123
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      900 SF

      Retail/Office Space Near I-90

      900 SF retail/office space for lease near Downtown Euclid.
      711-715 Babbitt Rd, Euclid, OH 44123
      View Details
    • $12 SF/Yr
      2,000 SF

      Prime Euclid Office Space For Lease

      2,000 SF Office, Euclid, OH
      753-763 200Th St, Euclid, OH 44123
      View Details
    • Contact for pricing
      1,250 SF

      Retail Space in Busy Center

      Community center retail space available for lease.
      22674-22690 Shore Center Dr, Euclid, OH 44123
      View Details
    • Contact for pricing
      11,500 SF

      Retail Space in Community Center

      Retail space available in a busy community shopping center.
      22480 Shore Center Dr, Euclid, OH 44123
      View Details
    • $12 SF/Yr
      22,036 SF

      Lakeshore Plaza Retail Spaces

      Grocery-anchored retail center; flexible spaces available.
      22800 Lake Shore Blvd, Euclid, OH 44123
      View Details
    • $6,500 /Mo
      13,068 SF

      Retail Space in Euclid, OH

      Retail space available for rent in Euclid, Ohio.
      321 Babbitt Rd, Euclid, OH 44123
      View Details
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    24570 Lake Shore Blvd
    Euclid, OH 44123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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