216-525-1488
14801 Clifton Blvd, Lakewood, OH for Sale
Apartments - FOR SALE
1/14
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14801 Clifton Blvd
Lakewood, OH 44107


OVERVIEW

10,306 SF multi-family building with 13 units positioned on the Clifton Boulevard corridor, a premier transit-oriented node offering direct RTA connectivity to Downtown Cleveland’s extensive employer base. Residents benefit from a highly convenient, transfer-free commute, driving sustained housing demand from regional professionals. Lakewood maintains a consistently tight 3.6% submarket vacancy rate, reflecting exceptionally strong renter demand. As one of Ohio’s most densely populated and walkable cities, this scarcity preserves high physical occupancy and provides a secure investment environment with limited new supply risk. Lakewood’s high-density development and lack of available land create permanent barriers to new construction. With zero large-scale multifamily projects currently underway, the scarcity of existing vintage multi-family assets preserves valuation and protects against future market saturation. The submarket benefits from its status as a highly walkable community, boasting a 69 Walk Score with immediate access to the Detroit Avenue commercial spine. Proximity to the Lake Erie waterfront, Lakewood Park, and connecting bike paths to the Metroparks provides a prime lifestyle advantage that underpins strong property valuations.

FOR SALE DETAILS

PRICE

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# OF UNITS

13

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

R2

APN/PARCEL ID

312-15-063

ASK ABOUT THIS PROPERTY

David LebCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1488

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David LebCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1488

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.