Property summary
This 27,908 square foot, four-story apartment building located at 14036 Superior Rd, East Cleveland, OH 44118, presents a compelling value-add investment opportunity. Built in 1923, the property features 23 units: 10 two-bedroom, one-bathroom units (approximately 900 sq ft each) and 13 one-bedroom, one-bathroom units (approximately 850 sq ft each). Currently 82% occupied (19 of 23 units), the building sits on a 0.24-acre lot and includes 10 parking spaces. Recent capital improvements include… a refreshed boiler system, roof patching with a five-year warranty, parapet wall repairs, and updated paint, flooring, and bathrooms in 80% of the units. The property benefits from a stable tenant base, with 63% of gross income derived from subsidy-based tenants. Landlord-paid utilities include heat, trash, water, and sewer. A large on-site manager's suite offers potential conversion to a rental unit or office space. The existing laundry room with six or more hookups presents an opportunity to generate additional income. The projected net annual operating income at 90% occupancy and market rents, after accounting for real estate taxes and an 8% management fee, is $104,085, representing a 9.68% capitalization rate at the asking price of $1,075,000 ($46,739 per unit). Significant income growth potential exists through increased occupancy, unit conversions (dining areas to bedrooms), and laundry facility development. The property's location in the Forest Hills neighborhood, adjacent to Forest Hills Park and bordering East Cleveland and Cleveland Heights, offers convenient access to I-90, Mayfield Road, Little Italy, Case Western Reserve University, the Cleveland Clinic, and the Coventry Shopping district. Public transportation is readily available.
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
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
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 · 9 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 27,908 SF
- Lot area
- 0.24 ac
- Year built
- 1923
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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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- 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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