MLS#5199529
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONH A Hawgoods
SCHOOLEast Cleveland City
Property Description
Welcome to The Marloes Apartments, a beautifully renovated 24-unit multifamily investment gem located at 1874 Marloes Ave, East Cleveland, OH 44112. Built in 1920 and thoughtfully updated in 2014, this well-maintained, Class B low-rise property spans three stories above a full basement and offers 16,731 SF of living space on a 0.43-acre lot. Featuring one-bedroom, one-bath units averaging 750 SF each, the property boasts an impressive 100% occupancy rate. Exterior highlights include a red brick façade, composition roof, and convenient on-street parking; all contributing to its strong curb appeal. Additional Value Insight: The property was appraised at $1.25 million just two years ago, underscoring its strong investment potential. If you would like to review the full appraisal report, please send us a request and we will be happy to share that information.
Property Features
Property Type: Commercial - Business
Basement: Full
Basement: Yes
Cooling: Other
Heating: Baseboard, Electric
Lot Size: 0.42 Acres
Roof Type: Composition
Taxes: $16,273 / year
Year Built: 1920
Feature Descriptions
Days on Site: 1
Parcel#: 672-24-063
Parking: On Street
Sewer: Public Sewer
Units: 24
Water: Public
Local Schools
School District: East Cleveland City
Listed By / Shown By
Listed By
Agency Name: Chosen Real Estate Group
Agency Contact: 330-249-3499, office@chosenrealtyco.com
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
1874 Marloes Avenue | MLS# 5199529
This commercial property located at 1874 Marloes Avenue, East Cleveland, OH 44112 is currently listed for sale with an asking price of $1,299,500. Marloes Avenue is located within the East Cleveland City school district. Search East Cleveland real estate on www.ikeyrealty.com today.