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$799,999

For Sale

9 hours ago

2115 Silverdale Avenue, Cleveland, OH

Condo

MLS® 5225430

0 Bed

0 Bath

--

14 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage 
HOA Fees 
Taxes $15,661
Days Active 0
Approx. Age 1957
MLS® Number 5225430

Property Address: 2115 Silverdale Avenue, Cleveland, OH, 44109

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to acquire a very well-maintained and sought after 11-unit multifamily property in Cleveland's growing rental market. Located at 2115 Silverdale Avenue, Cleveland, OH 44109, this asset features an attractive unit mix of 8 studio apartments and 3 one-bedroom, one-bathroom units, offering strong occupancy and rental income. The property has benefited from extensive capital improvements over the past several years, allowing a new owner to enjoy immediate cash flow while still capturing meaningful upside. Residents appreciate on-site parking, basement laundry facilities, and numerous interior updates throughout the building. The property has benefited from substantial capital improvements, including Lead-Safe Certification, a repaved parking lot, a high-efficiency 120-gallon water heater, a security camera surveillance system, a rebuilt boiler system with updated plumbing, double-pane replacement windows installed approximately five years ago, a new commercial-grade washer, electric water heaters, and upgraded exterior parking lot lighting. These improvements help minimize deferred maintenance while enhancing the property's long-term operational efficiency and appeal. Whether you're looking to expand your multifamily portfolio or acquire a stabilized asset with value-add potential, 2115 Silverdale Avenue offers an attractive combination of immediate income, proven capital improvements, and long-term upside in one of Cleveland's established rental corridors. Offering memorandum available upon request.
MLS® Number5225430
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1957
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHot Water, Steam
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 7, 2026List Date
$799,999List Price
  • Commute

Commute

Starting Address
Destination Address
2115 Silverdale Avenue, Cleveland, OH

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