Welcome to The Marloes Apartments, a beautifully renovated 24-unit multifamily investment gem located at 1874 Marloes Ave, East Cleveland, OH 44112. Built in 1920 and thoughtfully updated in 2014, this well-maintained, Class B low-rise property spans three stories above a full basement and offers 16,731 SF of living space on a 0.43-acre lot. Featuring one-bedroom, one-bath units averaging 750 SF each, the property boasts an impressive 100% occupancy rate. Exterior highlights include a red brick façade, composition roof, and convenient on-street parking; all contributing to its strong curb appeal. Additional Value Insight: The property was appraised at $1.25 million just two years ago, underscoring its strong investment potential. If you would like to review the full appraisal report, please send us a request and we will be happy to share that information.
Prime multi-tenant commercial opportunity located on highly visible Euclid Avenue in East Cleveland. This three-suite building offers flexible use potential for investors or owner-occupants. Each suite features separate entrances, allowing for multiple income streams or the ability to occupy one unit while leasing the others. Situated along a major commercial corridor with strong traffic exposure and convenient access to public transportation, University Circle, and downtown Cleveland. Ideal for office, retail, service-based business, or mixed commercial use (subject to zoning). Property offers excellent frontage, signage visibility, and value-add potential. Whether fully leased or repositioned for increased rental income, this property presents a strategic opportunity to build equity and expand a commercial portfolio. Buyer to verify zoning, permitted uses, and income potential.
Super Well Maintained and Updated 14 Unit Garden Style Apartment Building Generating over $10,000/month in rental income. Located off of Noble Road on the border of Cleveland Heights. ***Check out the 360 Degree Panoramic Virtual Tour and Floorplans***. 10 Two Bedroom Units and 4 One Bedroom Units. All units have been updated over the years and have their own furnace and water heater. Full kitchens with updated appliances. Laundry room on the 1st floor. 8 Garage Spots. 12 Units currently rented. Easy access to area shopping, dining, entertainment, etc. Minutes to the freeway. City POS Inspection and financials available upon request. Contact me for a Private Showing Today before this great turnkey investment is SOLD!
Offers must be submitted before visiting. .Solid Brick Spacious 6 Unit Apartment Building close to Euclid Ave. Close to Transportation, Library, Food Eateries. Opportunity to Own and secure 6 rents from one building. Furnished Appliances. Updated Bathrooms, A Money Maker for any creative Investor!
Completely turnkey 7 unit apartment building. Collect $6,525/mo in Section 8 rental income. Email agent for market rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building. Professional property management available. Local & out of state investors welcome!
Fantastic opportunity! Welcome to this all-brick building featuring 35 Apartments! 23 units offer 1 bedroom and 1 bath and 12 units offer 2 bedrooms and 1 bath! This building and property are well maintained. The current manager may be willing to stay after the title transfer. This turn-key building is currently fully occupied and offers immediate returns with the potential to increase rents in the future. This is a great opportunity for investors. As you view this building, you'll love its beautiful architecture and exemplary charm!
Fantastic opportunity! Welcome to this all-brick building featuring 21 Apartments! All of the units offer 2 bedrooms and 1 bath! The owner Pays for Heat, Sewer, and Water. Tenants Pay for Cooking Gas and electricity. This building and property are well maintained. The current manager may be willing to stay after the title transfer. This turn-key building is currently fully occupied and offers immediate returns with the potential to increase rents in the future. This is a great opportunity for investors. As you view this building, you'll love its beautiful architecture and exemplary charm!
East Cleveland is located in Ohio. East Cleveland, Ohio has a population of 14,212. East Cleveland is less family-centric than the surrounding county with 9.22% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in East Cleveland, Ohio is $21,699. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in East Cleveland is 40 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 22.4 degrees. The average rainfall is approximately 36.8 inches per year, with 51.5 inches of snow per year.
