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Listed price in listed location currency (USD).
$2,250,000

000

MLS® 5165403

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $22,640
Approx. Age 1926
MLS® Number 5165403

Property Address: 2883 E 114th St, Cleveland, OH, 44104-4811

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

Description

Extremely rare opportunity to acquire a fully cash-flowing, stabilized 39-unit portfolio across 13 properties in the Cleveland market. Located in strong submarkets known for steady demand and appreciation. Currently ~90% occupied, with four units in lease-up to subsidized tenants—expected to be fully leased by closing. Includes 26 Section 8 tenants providing reliable, government-backed income. All gas/electric paid by tenants; owner covers only water/sewer. Professional management in place for seamless transition. Once fully occupied, projected 10%+ CAP, with upside to 13%+ CAP / 20%+ cash-on-cash through rent alignment. Turnkey Cleveland portfolio delivering immediate income and long-term growth.
MLS® Number5165403
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1926
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
-Sold Price

Pending

Oct 22, 2025List Date
$2,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
2883 E 114 Th St, Cleveland, OH

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