330-453-9187
2646 N Moreland Ave, Cleveland, OH for Sale
Apartments - FOR SALE
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2646 N Moreland Ave
Cleveland, OH 44120
Buckeye-Shaker


OVERVIEW

Attention Investors 9-Unit Brick Apartment Complex North Moreland Crossing, Shaker Square Cleveland, OH, Cuyahoga Co., Shaker Heights City Live Auction W/ Online Bidding Available Absolute auction, all sells to the highest bidder on location: 2646 North Moreland Boulevard, Cleveland, OH 44120 Tuesday, September 30, 2025, 12:30 PM Huge opportunity to own a well-maintained 9-unit brick apartment complex in a prime location just a block from Shaker Square! Garden style building built in 1922. Property Features. • Three (1 Bedroom, 1 Bath) units • Six (3 Bedroom, 2 Bath) units • Wood floors throughout • Each unit is equipped with stove & refrigerator • Separately metered electric • Common laundry area w/ Bluetooth washer and dryers • Paved off-street parking • Hot water boiler heat Each tenant pays a $75 monthly admin. fee that includes: cable, Wi-Fi, water, trash, and sewer. Strong Rental Income. • Current rent roll: $8,450/month (with 2 vacancies) • Potential income: $11,350/month Excellent Location. Close to Shaker Square dining, shopping & entertainment, plus public transportation including the University CircleLink Shuttles serving Case Western Reserve & John Carroll University. Extremely well-maintained property with a strong rental history! Cuyahoga County Parcel #144-13-005. Call today for details and to learn how to purchase this property at auction! Please respect the tenants privacy. Units will be open 1 hour prior to auction for inspection. **NOTE: Also selling another 9-unit same day close in proximity at 2:30 PM at 2050 East 125th St., Cleveland, OH. Terms On Real Estate: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Auctioneers/Realtors: Brooks E. Ames, 330.703.2732 or brooks@kikocompany.com and Richard T. Kiko Jr., 330.455.9357, or dkiko@kikocompany.com

FOR SALE DETAILS

PRICE

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# OF UNITS

9

CAP RATE

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% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The New Moreland on Shaker Square

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,565 SF

ZONING

MF-2

APN/PARCEL ID

144-13-005

ASK ABOUT THIS PROPERTY

Richard KikoKIKO CompanyMore Info
330-453-9187

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Richard KikoKIKO CompanyMore Info
330-453-9187

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