Property summary
This exceptional investment opportunity presents a charming two-story, four-unit apartment building located at 11831 Union Ave, Cleveland, Ohio, 44105. The property, built in 1910, boasts a total of 6,660 square feet situated on a 0.198-acre lot (APN 13020016). Currently classified as a Class C multifamily property, this building presents significant potential for renovation and increased profitability. The property features two street-level storefronts, in addition to the four residential… units, offering diverse income streams. The permitted zoning is 2F-B1. This presents a unique chance to acquire a multifamily property in a desirable Cleveland location at an attractive asking price of $55,000. The building's age and current condition suggest a significant opportunity for value appreciation through strategic improvements and modernization. With its prime location and substantial square footage, this property is ideal for investors seeking a hands-on project with considerable upside. The property's four units provide immediate rental income, while the two storefronts offer additional revenue potential. This is a rare chance to acquire a multifamily property in a growing area of Cleveland at a price point that makes it an attractive investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,440 SF
- Lot area
- 0.1 ac
- Year built
- 1910
- Stories
- 2
- APN
- 130-20-016
- Zoning
- 2F
- Assessed value · 2023
- $17,510
- Annual tax · 2023
- $1,749
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Everything in the Light report
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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