19
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$675,000
Est. payment /mo
6,882 Sqft Lot
Active
10917 Bernard AVE Cleveland, OH 44111
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5237044
HOA Y/N No
Year Built 1927
Annual Tax Amount $16,289
Tax Year 2025
Lot Size 6,882 Sqft
Acres 0.158
Property Sub-Type Apartment
Property Description
Strong performing 8-unit apartment building in Cleveland's desirable 44111 area, offering reliable cash flow and clear value-add potential. The property currently produces $7,030 in gross monthly income, with several units and operational efficiencies presenting opportunities for increased rents and improved NOI.
The building features a mix of well-maintained units, stable long-term tenants, and consistent occupancy. Solid mechanicals and straightforward management make this an attractive addition to any multifamily portfolio. Located near West Park amenities, public transit, retail corridors, and major commuter routes, this property appeals to renters seeking convenience and affordability.
Highlights:
8-unit multifamily investment property
$7,030 gross monthly income with upside for rent increases and improvements
Strong tenant base and steady occupancy
Value-add potential through cosmetic updates and operational optimization
Convenient Cleveland 44111 location near transit, shopping, and employment centers
The building features a mix of well-maintained units, stable long-term tenants, and consistent occupancy. Solid mechanicals and straightforward management make this an attractive addition to any multifamily portfolio. Located near West Park amenities, public transit, retail corridors, and major commuter routes, this property appeals to renters seeking convenience and affordability.
Highlights:
8-unit multifamily investment property
$7,030 gross monthly income with upside for rent increases and improvements
Strong tenant base and steady occupancy
Value-add potential through cosmetic updates and operational optimization
Convenient Cleveland 44111 location near transit, shopping, and employment centers
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement, Full, Unfinished
Interior
Heating Forced Air, Gas, None
Cooling None
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Flat,Rubber
Present Use Multi-Family,Residential,Single Family
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 018-10-080
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Tresa M Klein • Keller Williams Elevate • tresaklein@gmail.com, 440-342-5766
NEARBY SCHOOL & BUSINESS
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