Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
N/A
Incredible Commercial Investment Opportunity Near Shaker Square & Shaker Heights! Part of Shaker Schools - an incredible bonus for residents with children. A spacious courtyard nestled between the buildings, perfect for outdoor relaxation and enjoyment. Don’t miss your chance to revitalize this stately, historic Tudor-style apartment complex located just steps from the vibrant Shaker Square and the charming community of Shaker Heights. Minutes from Downtown, University Circle, and more. This impressive 24-unit property spans two buildings with four entrances and includes three basement areas—all vacant and ready for renovation. Featuring a mix of 1-, 2-, and 3-bedroom units—some with two full bathrooms—these spacious apartments offer original hardwood floors, detailed wood trim, and functional layouts with separate kitchens, living rooms, and dining rooms. Each unit has access to both front and rear stairwells—with the front stairs fully enclosed and the rear semi-exposed. Laundry hookups in one of the basement areas. Three roughed-in "garden-level" units in the basement, offering the potential to expand to 27 total units. A complete unit breakdown by layout and location is available upon request. Photos are for illustrative purposes only; the condition of individual units may vary. With strong architectural character and generous unit sizes, this property is a rare opportunity for investors or developers seeking a high-potential value-add asset in a prime location. **No seller or creative financing available, and no assignments will be considered**. Buyers must have financing arranged and a pre-approval letter provided before submitting any offers.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s)
-
Heating YN
YES
-
Heating
Hot Water, Steam
Exterior
-
Garage
No
-
Parking
Asphalt, Driveway, On Site, Outside, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.5946
-
Property Type
Commercial Sale
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,099,000
-
Tax Amount
42034.0
-
Zoning
Multi-Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Shaker Heights CSD - 1827
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Shaker Heights CSD - 1827
Middle School
High School
Listing Courtesy of Beth Wallace , RE/MAX Real Estate Group
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