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17901 Lake Shore Boulevard, Cleveland
$1,125,000
5163040 MLS
17901 Lakeshore Blvd presents a rare opportunity to acquire a fully occupied, 18-unit apartment building in Cleveland’s high-demand Lakeshore corridor. This well-maintained property (built in 1977) features 9 one-bedroom (avg. 750 SF) and 9 two-bedroom units (avg. 925 SF), offering a balanced mix for stable cash flow. Recent upgrades include roofs (2017), units, updated boiler systems, new electrical panels, parking lot, and landscaped grounds, minimizing immediate capital needs. With 100% occupancy and in-place rents below market rates, investors can unlock immediate upside through strategic rent increases. The prime location provides walkable access to Lake Erie, shopping centers, and quick commutes to downtown Cleveland, universities, and major employers. Financial Highlights: Priced at $1,290,000 ($71,666/unit), this asset delivers an 8.5% cap rate with an annual NOI of $111,199. Current gross rents total $195,188, with 1-bedrooms averaging $840/month (vs. $869 market) and 2-bedrooms at $933/month (vs. $1,037 market), creating a potential $28,728 annual income boost. The GRM of 6.67 underscores strong value relative to peer properties. Expense ratios are optimized with recent system upgrades, and long-term tenants reduce turnover costs. Investment Value: This property is ideal for investors seeking low-risk value-add potential. Below-market rents allow for gradual increases, while the 100% occupancy and updated infrastructure ensure immediate cash flow. Demographics show strong demand, with a 5-mile population of 174,362 and median household income of $56,574. The Lakeshore location also attracts professionals and students, with proximity to Case Western Reserve University and Cleveland Clinic ensuring consistent rental demand. Sale Terms: Seller will consider cash or conventionally financed offers with a 30-day due diligence period and 30-day closing timeline. Proof of funds and/or lender pre-approval is required for offer submission.

17901 Lake Shore Boulevard, Cleveland

Listing Courtesy of: Lei Jiang, lei@jiangrealestate.com With OwnerLand Realty, Inc.

Selling Office: BHR & Associates.

17827 E Park Drive, Cleveland
$190,000
4 Beds ⋅ 2 Baths ⋅ 5164052 MLS
Steps from the shores of Lake Erie and nestled in the East Shore Park Club neighborhood, with just over 2000 square feet of total living space, including the third floor, this spacious and charming brick Tudor-style colonial blends timeless character with modern updates. Featuring four bedrooms, one and a half baths, a formal dining room with built-ins, and an eat-in kitchen, this home offers plenty of space for all. Major improvements include a new roof (tear-off), gutters and fascia board, vinyl windows, stainless steel sink, quartz kitchen countertop, luxury vinyl plank flooring in the kitchen, fresh interior paint, and more! The foyer with a guest closet opens to a spacious living room centered around a wood-burning fireplace. A three-season screened porch on the first floor provides a peaceful retreat for relaxing. The formal dining room with built-ins, updated eat-in kitchen, and a convenient half bath complete the main level. Upstairs, you’ll find 3 bedrooms, including an owner’s bedroom with a walk-in closet, a full bath, and a bright bonus room ideal for a home office, media space, or playroom. The finished 3rd floor offers an additional bedroom, also perfect for guests, a creative studio, or a private retreat. Additional highlights include 2 car garage with opener and a welcoming community setting. Enjoy an optional membership to East Shore Park Club, offering access to a scenic lakefront park with a clubhouse, playground, picnic areas, and seasonal events such as summer concerts and 4th of July celebrations. Explore nearby Wildwood Park with its marina, boat ramps, hiking trails, and nature-filled scenery, or take a short drive to the lively Waterloo Arts and Entertainment District—home to live music, galleries, shops, and cafes. With a quick commute to Downtown Cleveland and University Circle, this immaculate home perfectly balances peace, convenience, and community charm. The owner is a licensed real estate agent in the state of Ohio.

17827 E Park Drive, Cleveland

Listing Courtesy of: Joe Vaccaro, joe@vaccaroteam.com With EXP Realty, LLC.

Selling Office: Keller Williams Citywide.

18008 Hillgrove Road, Cleveland
$180,000
4 Beds ⋅ 2 Baths ⋅ 5148155 MLS
Tenant occupied property. This tudor-style duplex offers off street parking and detached garage. . Great investment opportunity! This property has both units occupied on month to month lease. First floor unit includes two bedrooms, an updated full bathroom, a spacious living room with a fireplace, dining room with built-ins and a kitchen with a bonus eat-in area hardwood floors. The up unit cover the 2nd and 3rd floors. with additional bedroom. Basement features newer electrical panels separate washer an dryer hook ups. glass block windows and basement waterproofing with open space for storage. Each unit has its own furnace, water heater, and electrical. Great location in near the East Shore Park subdivision of Cleveland, this home has access to the historic East Shore Park subdivision of Cleveland, this home has access to the historic East Shore Park Club, where you can enjoy community events. Euclid Beach Park, Euclid Creek Reservation, and the Waterloo Arts District are only minutes away. short distance for highway on I-90 access. If you are looking for a new home or investment property in a prime location, look no further!

18008 Hillgrove Road, Cleveland

Listing Courtesy of: Christopher C Kaylor, chrisckaylor@gmail.com With Realty Trust Services, LLC

Selling Office: Century 21 Homestar.

17812 E Park Drive, Cleveland
$152,500
4 Beds ⋅ 2 Baths ⋅ 5208402 MLS
Welcome to this great investment opportunity. Each unit has 2 bedrooms, one full bath, generous size kitchen, a formal dining room and living room complete with decorative fireplaces and access to the private front porch. Each unit has original woodwork and built in storage. The unfinished walk up third floor is a blank canvas for future expansion. Two furnaces, some electrical updates, newer roof & windows 2021 & 2025 and each unit has their own storage sections and laundry hook up! 2 car garage. Fantastic location near many amenities including a short walk to the East 185th Street corridor and/or Lake Erie/Wildwood Park and easy access to public transportation and close to the freeway.

17812 E Park Drive, Cleveland

Listing Courtesy of: Seth B Task, clientcare@taskteamcle.com With Berkshire Hathaway HomeServices Professional Realty

Selling Office: Berkshire Hathaway HomeServices Professional Realty.

18111 Neff Road, Cleveland
$150,000
3 Beds ⋅ 2 Baths ⋅ 5163651 MLS
Welcome to this beautifully maintained 3-bedroom, 2-bath Tudor-style home that perfectly blends timeless architectural detail with thoughtful modern updates. From the moment you step inside, you’ll be captivated by the rich original woodwork, crown molding, and crystal doorknobs that highlight the home’s classic craftsmanship. The updated kitchen is a showstopper, boasting quartz countertops, stainless steel appliances, and an abundance of custom cabinetry with warm wood tones. The spacious living room features a large brick fireplace as its centerpiece and flows seamlessly through an arched entryway into the formal dining room, perfect for entertaining. A bonus room off the living room offers flexible space for a home office, reading nook, or playroom, while an enclosed rear porch makes for a convenient mudroom. Upstairs, you’ll find three nicely sized bedrooms with gleaming hardwood floors, an updated full bathroom, and an additional bonus room ideal for a walk-in closet or office. The unfinished third-floor attic presents a great opportunity to add a fourth bedroom or recreation room. The partially finished basement serves as a comfortable family room or recreation area with a second full bathroom just off of it. Outside, enjoy a fenced-in backyard and a two-car detached garage surrounded by tidy landscaping. This home is a rare find—a perfect blend of character, comfort, and eligibility for membership in Cleveland’s East Shore Park Club! Nestled along Lake Erie’s shoreline, the club includes a clubhouse, playground & picnic area & hosts a beloved summer concert series, family campouts, holiday celebrations, & great community events. Enjoy breathtaking Lake Erie sunsets just a short walk from home. Ideally located near the vibrant 185th Street Corridor, you’ll have easy access to local restaurants, breweries, and shops, as well as the Waterloo Arts District, home to Beachland Ballroom, Six Shooter Coffee, Citizen Pie, Doinks Burger Joint & more!

18111 Neff Road, Cleveland

Listing Courtesy of: Greg Cosgriff, gregcosgriffsold@gmail.com With HomeSmart Real Estate Momentum LLC

Selling Office: Keller Williams Elevate.

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