Vision Sales Team

16705 Hillsboro Road

Cleveland , OH 44112

MLS#: 5184938

$1,490,000

Status: Active
Listing number: 5184938
Listing provided by: Berkshire Hathaway HomeServices Professional Realty
Listing agent phone: None
Last update: 13 days ago
On site: 21 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

N/A

Rare opportunity to acquire a geographically concentrated Cleveland east side portfolio consisting of 7 multi-family and 5 single-family properties totaling 20 units. This assembled package provides immediate scale, operational efficiency, and income potential that is difficult to replicate through individual acquisitions. Current vacancies have been fully renovated and are actively marketed for rent, allowing new ownership to step directly into lease-up without construction timelines, contractor coordination, or renovation risk. These units are positioned to convert directly into income. Market rents support approximately $23,200 per month or $278,400 in potential annual income once stabilized. Located steps from Cleveland’s largest employment and education hubs, the portfolio benefits from strong rental fundamentals, proven voucher reliability, and public and private reinvestment occurring throughout the corridor. The geographic density of the properties allows for efficient management and multiple investment strategies. Full address list, rent roll, and financials available upon request.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Natural Gas

  • 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

    $1,490,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

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 Tarina M Sidoti , Berkshire Hathaway HomeServices Professional Realty

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Agent Tyson Hartzler

FOUNDER

Tyson Hartzler

Call Tyson today to schedule a private showing.

(330) 786-5493

Tyson@visionsalesteam.com


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Rare opportunity to acquire a geographically concentrated Cleveland east side portfolio consisting of 7 multi-family and 5 single-family properties totaling 20 units. This assembled package provides immediate scale, operational efficiency, and income potential that is difficult to replicate through individual acquisitions. Current vacancies have been fully renovated and are actively marketed for rent, allowing new ownership to step directly into lease-up without construction timelines, contractor coordination, or renovation risk. These units are positioned to convert directly into income. Market rents support approximately $23,200 per month or $278,400 in potential annual income once stabilized. Located steps from Cleveland’s largest employment and education hubs, the portfolio benefits from strong rental fundamentals, proven voucher reliability, and public and private reinvestment occurring throughout the corridor. The geographic density of the properties allows for efficient management and multiple investment strategies. Full address list, rent roll, and financials available upon request.

16705 Hillsboro Road

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