USAOHEast Cleveland15000 Euclid Ave
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$2,950,000

For Sale

A day ago

15000 Euclid Ave, East Cleveland, OH

Condo

MLS® 226031753

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes $41,524
Days Active 1
Approx. Age 1915
MLS® Number 226031753

Property Address: 15000 Euclid Ave, East Cleveland, OH, 44112-3453

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

Description

AFFORDABLE HOUSING ; 41 UNITS GRASMERE APARTMENTS, EAST CLEVELAND. Approximately 90% ++ occupancy and growing. Perfect opportunity for new management to take it over and benefit from all the hard work. The property provides for both 1 and 2 bedroom units depending on how space is utilized by the tenant. The building has had several recent improvements that are significant to the long term performance of this multi-unit apartment building. Major electrical, plumbing and almost all of the units have been refreshed. Low maintenance masonry construction with separately metered electric. Operationally, this building has the ability to provide impressive returns utilizing a past history of market rents and affordable housing programs. A few shell units remain in the lower level providing the possibility to increase the number of total units or enhance with common areas. On site laundry facility, electronic keyed entry, security cameras and recently improved fire alarm system offers convenience for the residents. The market has responded well to both Section 8 and Eden vouchers. Grasmere Apartments offer affordable 1 & 2 bedroom units located in the 44112 area of Cleveland, minutes away from public transportation, parks, shopping, recreation and the popular University Circle. The units offer newer appliances, walk-in closets, upgraded kitchen and bathroom.
MLS® Number226031753
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1915
Stories
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/CWindow Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 20, 2026List Date
$2,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
15000 Euclid Ave, East Cleveland, OH

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