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11118 Clifton Blvd, Cleveland, OH

Condo

For Sale

Listed price in listed location currency (USD).
$7,750,000

000

MLS® 5115362

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $102,235
Days Active 219
Approx. Age 1910
MLS® Number 5115362

Property Address: 11118 Clifton Blvd, Cleveland, OH, 44102-1462

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire a fully renovated 131-unit apartment building with 5 retail storefronts, ideally located just blocks from the highly sought-after Lakewood neighborhood! This expansive property has recently completed a full interior and common area renovation, featuring modern vinyl flooring, stylish kitchen and bathroom upgrades, fresh paint, and updated amenities throughout. Offering a mix of studios, one-bedrooms, and two-bedroom units — all with consistent, contemporary finishes — the building is experiencing a strong lease-up phase after their recent construction overhaul, thanks in part to an on-site leasing agent. Of the five retail storefronts, three are white-boxed and ready for new tenants, while one is currently leased on a month-to-month basis at under-market rent. The owner currently pays all utilities, and the building operates on a boiler heat and water system — a major value-add for tenants that enhances appeal. Tenants enjoy the unbeatable value of living steps away from Lakewood at a more affordable price point, making this an exceptional investment with upside potential. Seller is open to offering short-term seller financing with attractive terms: 24-month interest-only financing at 6% up to 20% of the purchase price.
MLS® Number5115362
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2025List Date
$7,750,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $111,000 and $11,570,000.
Similar properties in this area sold on average for: $111,190
Expected to sell very soon! Similar properties sold in 31 days. This home has been on Zoocasa for 219 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
11118 Clifton Blvd, Cleveland, OH

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