Vision Sales Team

1082 E 171st

Cleveland , OH 44110

MLS#: 5171130

$900,000

Status: Closed
Listing number: 5171130
Listing provided by: Keller Williams Living
Listing agent phone: None
Last update: a month ago
On site: 4 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1910

Sq.Footage

N/A

***DO NOT DISTURB OR APPROACH ANY TENANTS***Exceptional investment opportunity — 7-property, 16-unit multifamily portfolio located throughout Cleveland and Cleveland Heights. The package includes 5 duplexes and 2 triplexes, all 100% occupied, with in house management and maintenance willing to stat on for a new owner. Current combined gross rent is approximately $12,100 per month, with market potential of $14,000–$15,000 as leases renew and rents are brought to market. Tenant mix includes both market-rate and subsidized residents, offering steady income and guaranteed rent stability. All properties feature separate utilities, solid rental histories, and a mix of recent updates including roofs, siding, and mechanicals. This portfolio provides a balanced blend of stabilized assets and light value-add opportunities across improving Cleveland submarkets. Available individually or as a full package, offering immediate scale, diversification, and long-term upside potential. Addresses include:732 E 127th St, 479 E 126th St, 13615 Earlwood Rd, 17834 Dillewood Rd, 1081 E 171st St, 817 Helmsdale Rd, and 12700 Lenacrave Ave. Contact listing agent for detailed rent rolls, financials. Must sign NDA. ***AGENTS READ ALL REMARKS FOR INSTRUCTIONS****DO NOT DISTURB OR APPROACH ANY TENANTS***

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    1.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $900,000

  • Tax Amount

    $12,870

  • Zoning

    Multi-Family

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee 2

    $875

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Michael L Magno , Keller Williams Living

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Agent Bev Daugherty

AGENT

Bev Daugherty

Call Bev today to schedule a private showing.

(330) 256-4306

Bev@VisionSalesTeam.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
***DO NOT DISTURB OR APPROACH ANY TENANTS***Exceptional investment opportunity — 7-property, 16-unit multifamily portfolio located throughout Cleveland and Cleveland Heights. The package includes 5 duplexes and 2 triplexes, all 100% occupied, with in house management and maintenance willing to stat on for a new owner. Current combined gross rent is approximately $12,100 per month, with market potential of $14,000–$15,000 as leases renew and rents are brought to market. Tenant mix includes both market-rate and subsidized residents, offering steady income and guaranteed rent stability. All properties feature separate utilities, solid rental histories, and a mix of recent updates including roofs, siding, and mechanicals. This portfolio provides a balanced blend of stabilized assets and light value-add opportunities across improving Cleveland submarkets. Available individually or as a full package, offering immediate scale, diversification, and long-term upside potential. Addresses include:732 E 127th St, 479 E 126th St, 13615 Earlwood Rd, 17834 Dillewood Rd, 1081 E 171st St, 817 Helmsdale Rd, and 12700 Lenacrave Ave. Contact listing agent for detailed rent rolls, financials. Must sign NDA. ***AGENTS READ ALL REMARKS FOR INSTRUCTIONS****DO NOT DISTURB OR APPROACH ANY TENANTS***

1082 E 171st

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