Property profile

1376 112Th St Cleveland, OH 44102

OFF-MARKET
Apartment buildings
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This well-maintained, 34-unit apartment building presents a compelling investment opportunity in a rising Cleveland neighborhood. Located at 1376-1380 W. 112th Street, Cleveland, OH 44102 (APN 001-18-071), this property boasts high occupancy, historically maintaining 30-32 occupied units over the past two years. Recent capital improvements include a new roof and windows installed in 2019, along with exterior brickwork completed the same year. A new boiler is scheduled for installation in April 2023. The property includes on-site laundry facilities with equipment owned by the seller, eliminating third-party contracts. Its convenient location offers walkability to the Detroit Avenue commercial corridor near the Lakewood border, adding to its appeal. The asking price for this exceptional multifamily asset is $2,200,000. This is a turnkey investment opportunity with strong potential for future growth and returns.

Property profile

Verified
Property type Apartment buildings

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1376 112Th St Cleveland, OH 44102
Cleveland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1376 112Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message