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Rare opportunity to own a fully renovated property with in the highly desirable Detroit Shoreway neighborhood. Residential units include a mix of one-bedroom and efficiency apartments, all leased with stable tenancy through 2026-2027. The building has been extensively updated with a new roof, HVAC systems, updated electrical and plumbing, and fully renovated interiors, resulting in minimal deferred maintenance. Tenants pay utilities, keeping operating expenses low. Located just minutes from Edgewater Park with easy access to downtown Cleveland and major highways. Excellent opportunity for investors seeking a well-maintained property with strong income and upside potential.
Listed By
Agency Name: RE/MAX Above & Beyond
Agency Contact: angiarikos@gmail.com, 216-598-0039
Shown By
Agent Name: Rachel Sharp, Your Sharp Agent!
Agent Phone: Cell: (330) 354-6792
Agency Title: M.C. Real Estate
Estimated Payment
$ 2,462.51 per month $1,755.97 Principal & Interest $476.42 Property Tax $230.13 Homeowner's Insurance
8403 Detroit Avenue | MLS# 5196404
This multi-family property located at 8403 Detroit Avenue , Cleveland, OH 44102 is currently listed for sale with an asking price of $789,000. Detroit Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.ohioresidentialhomes.com today.