932 Wheelock Rd - Apartments FOR SALE


Cleveland, OH 44103- Glenville
$179,900 USD
330-577-7080
932 Wheelock Rd, Cleveland, OH for Sale
$179,900 USD
Apartments - FOR SALE
1/37
null | Request Cap Rate

932 Wheelock Rd
Cleveland, OH 44103
Glenville


OVERVIEW

Exceptional investment opportunity in Cleveland's growing Glenville neighborhood! This all-brick 6-unit apartment building offers investors the chance to generate significant cash flow with a projected rental potential of approximately $1,200 per unit per month. The property features spacious apartment units, many with vinyl replacement windows, while some kitchens and bathrooms appear to have been updated, providing added appeal for future tenants. Each unit is served by its own forced-air furnace, offering individual heating systems and added convenience for property management. The solid brick construction provides durability and long-term value for any investor's portfolio. Conveniently located just minutes from the world-renowned Cleveland Clinic, Case Western Reserve University, and the cultural and educational amenities of University Circle, this property is ideally positioned to attract tenants seeking proximity to healthcare, education, and major employment centers. Whether you're looking to expand your portfolio or acquire a value-add multifamily asset with strong income potential, this 6-unit building presents an outstanding opportunity. With potential gross rental income approaching $7,200 per month at market rents, the numbers make this property worthy of consideration. Sold as-is.

FOR SALE DETAILS

PRICE

$179,900 USD

PRICE/SF

$32 USD /SF

# OF UNITS

6

PRICE/UNIT

$29,983

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

MF

APN/PARCEL ID

107-03-001

ASK ABOUT THIS PROPERTY

Shane ReidCentury 21 CommercialMore Info
330-577-7080

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Shane ReidCentury 21 CommercialMore Info
330-577-7080

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