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$ 900,000
Est. payment /mo
New
1082 E 171st Cleveland, OH 44110
1 Acres Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5171130
HOA Y/N No
Year Built 1910
Annual Tax Amount $12,870
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Apartment
Property Description
***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***
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Fireplace No
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 113-29-052
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Listed by Michael L Magno • Keller Williams Living • michael@themagnogroup.com