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14912 Alder Avenue

East Cleveland OH 44112

4
4
6000 sq. ft.
0.1 ac.
Duplex
Currently for sale - view listing

Overview

Don't miss this outstanding multifamily investment opportunity to add to your portfolio! This solid brick four-unit apartment building offers approximately 6,000 square feet total, with approximately 3,000 square feet of living space across four one-bedroom, one-bathroom apartments. Whether you are a seasoned investor looking to expand your portfolio or a savvy buyer ready to live in one unit while the other three help cover your mortgage, this flexible layout works for both strategies. The big-ticket items are already taken care of newer roof, newer windows, newer furnaces, newer hot water tanks, and a waterproofed full basement mean you are stepping into a property with the heavy lifting already done. Interiors offer excellent value-add potential through cosmetic updates. Select flooring and improvement materials will convey with the property to give you a head start on enhancements. Conveniently located with easy access to Downtown Cleveland, University Circle, major healthcare employers, shopping, public transportation, and key commuter routes. As an added opportunity, the neighboring adjacent parcel is also available for purchase separately, offering buyers the potential to expand their footprint and flexibility for future use, subject to local zoning and applicable requirements. Buyer is encouraged to perform their own due diligence and independently confirm the accuracy of all information provided, including but not limited to square footage, property conditions, improvement details, and zoning matters pertaining to the adjacent parcel.

Features

4 bedrooms
4 bathrooms
6000 sq. ft. floor area
0.1 ac. lot size
Duplex

Happy sellers in East Cleveland

94%
94% of sellers in East Cleveland reported that their sale price either exceeded or met their price expectations.

East Cleveland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in East Cleveland over the last 12 months.

Local market activity for 4 bedroom duplexes in East Cleveland

In the last 12 months, 29 four-bedroom duplexes similar to 14912 Alder Avenue, have been sold.

This represents a 16% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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