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Commercial Real Estate for Sale at 1381 E 84 Street in Cleveland, OH for $185,000

Listing data last changed 06/09/2026 - 7:31pm
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1381 E 84 Street | Cleveland

$185,000 | 0.0 Sq. Ft.

Attention investors! Outstanding value-add opportunity with affordable 7-unit brick apartment building being offered at a price designed for a quick sale. Foreclosure property is being sold strictly \u0022as-is\u0022 (limited information available), making it an ideal project for experienced investors looking to build equity and maximize returns. Building appears to consist of seven spacious 1-bedroom units and has benefited from some updates over the years, including vinyl replacement windows, but additional repairs and improvements are needed. Three long-term occupants currently reside in the building. No leases are available, and it will be the responsibility of the new owner to establish lease agreements if desired. Current occupants have helped maintain \u0026 secure the property during the transition period. Separate gas \u0026 electric meters are in place for each unit, one water meter serving the building. Electric heat appears to be installed in the individual units, while ranges \u0026 water heaters appear to be gas. Water service is currently active; however, no other utilities are on accept water. Water heaters require replacement. Ample parking, a quiet setting \u0026 strong rental demand add to the appeal. Similar spacious 1-bedroom units in the area can command approximately $700 per month, with tenants typically responsible for gas and electric expenses. Investors willing to complete the needed improvements will significant upside potential and attractive future cash flow. Property is being conveyed free \u0026 clear of liens. Showing opportunities are limited but can be accommodated. Seller has limited knowledge of the property\u0027s condition, \u0026 buyers should perform their own due diligence. Excellent opportunity to acquire a brick multifamily asset with substantial upside potential at a below-market price. Don\u0027t miss this chance to add a value-add apartment building to your portfolio. Qualified buyers only please, no owner financing available. MLSNow 5217052 Directions to property: off 84th

MLS Listing ID: 
MLSNow 5217052
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$185,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
1381 E 84 Street, Cleveland, OH 44103
County: 
Cuyahoga
Latitude: 
41.5179030
Longitude: 
-81.6292350
Directions: 
off 84th
Public Remarks: 
Attention investors! Outstanding value-add opportunity with affordable 7-unit brick apartment building being offered at a price designed for a quick sale. Foreclosure property is being sold strictly \u0022as-is\u0022 (limited information available), making it an ideal project for experienced investors looking to build equity and maximize returns. Building appears to consist of seven spacious 1-bedroom units and has benefited from some updates over the years, including vinyl replacement windows, but additional repairs and improvements are needed. Three long-term occupants currently reside in the building. No leases are available, and it will be the responsibility of the new owner to establish lease agreements if desired. Current occupants have helped maintain \u0026 secure the property during the transition period. Separate gas \u0026 electric meters are in place for each unit, one water meter serving the building. Electric heat appears to be installed in the individual units, while ranges \u0026 water heaters appear to be gas. Water service is currently active; however, no other utilities are on accept water. Water heaters require replacement. Ample parking, a quiet setting \u0026 strong rental demand add to the appeal. Similar spacious 1-bedroom units in the area can command approximately $700 per month, with tenants typically responsible for gas and electric expenses. Investors willing to complete the needed improvements will significant upside potential and attractive future cash flow. Property is being conveyed free \u0026 clear of liens. Showing opportunities are limited but can be accommodated. Seller has limited knowledge of the property\u0027s condition, \u0026 buyers should perform their own due diligence. Excellent opportunity to acquire a brick multifamily asset with substantial upside potential at a below-market price. Don\u0027t miss this chance to add a value-add apartment building to your portfolio. Qualified buyers only please, no owner financing available.
Community Information
School District: 
Cleveland Municipal - 1809
Building Details
Details about the building on a property.
Year Built: 
1920
Living Area: 
0.0
Basement: 
Full,Unfinished
Construction
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard,Electric
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
0.09
Lot Features
Fence: 
Chain Link,Partial
Public Record
Parcel Number: 
106-07-125
Annual Tax: 
$2,514.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Coldwell Banker Schmidt Realty

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