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Listed price in listed location currency (USD).
$1,125,000

000

MLS® 5206133

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $3,481
Days Active 0
Lot Size 
Approx. Age 1926
MLS® Number 5206133

Property Address: 4898 E 95th St, Garfield Heights, OH, 44125-2112

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

Description

PORTFOLIO SALE — 11 single-family rentals across Cleveland and the inner-ring suburbs, offered as one transaction at $1, 125, 000 ($102K/door). Currently producing $135, 216 in annual gross rent (10 of 11 units occupied) with significant proforma upside as below-market rents roll. The portfolio includes: 1236 E 173rd St, 1115 Villaview Rd, and 18324 Landseer Rd (44119); 16010 S Lotus Dr (44128); 4898 E 95th St, 4838 Rockwood Rd, and 10014 Parkview Ave (44125); 14202 Rexwood Ave and 4265 E 126th St (44105); 3497 Boynton Rd and 3281 Berkeley Rd (Cleveland Heights). Unit mix ranges from 2/1 to 4/3 configurations. The value-add story is straightforward: ten of eleven in-place leases sit meaningfully below market per seller's underwriting. Nearly all leases are month-to-month (AtWill), allowing a buyer to mark rents to market on a rolling schedule with standard 30-day notice. Four units are tenanted through CMHA, providing reliable government-backed rent payments with built-in rent resets at re-certification. Tenants are responsible for most utilities; recent Cleveland regulatory changes allow buyer to bill back or transfer water/sewer accounts to tenants directly. Full offering memorandum with proforma analysis and rent roll available. The single vacancy at 4265 E 126th St is positioned for a quick turn. Showings by appointment only — please do not disturb tenants.
MLS® Number5206133
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1926
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 2, 2026List Date
$1,125,000List Price
  • Commute

Commute

Starting Address
Destination Address
4898 E 95Th St, Garfield Heights, OH

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