Log In/Sign Up
Your email has been sent.
1560 Wagar Rd 4 Unit Apartment Building $1,035,762 CAD ($258,940 CAD/Unit) Rocky River, OH 44116



Executive Summary
Charming 4-Unit Investment Opportunity in Rocky River, Ohio Welcome to a fantastic multi-family investment in one of Northeast Ohio's most desirable suburban communities. This well maintained 4-unit apartment complex is perfectly situated near vibrant local amenities, strong schools, and easy access to major employment centers and I-90. Each of the four units offers: 2 bedrooms, 1 bathroom; spacious living areas and functional kitchens with in-unit laundry. Whether you're expanding your investment portfolio or looking for a stable cash-flow property, this 4-plex presents a solid opportunity with turnkey potential. Rocky River is a charming, affluent suburb located along the shores of Lake Erie, just west of Cleveland, known for its excellent public schools, welcoming and walkable neighborhoods and close proximity to beautiful riverfront parks, shopping, dining and cultural attractions. Beyond its current income stream, this property presents a compelling value-add or redevelopment opportunity. Preliminary concepts indicate the site may support up to 25 apartment units (approximately 20 two-bedroom units and 5 one-bedroom units).
Property Facts
| Price | $1,035,762 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $258,940 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.79 AC |
| No. Units | 4 | Building Size | 24,402 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1956 |
| Zoning | MF-R4 | ||
| Price | $1,035,762 CAD |
| Price Per Unit | $258,940 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 24,402 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Zoning | MF-R4 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 303-01-011 | Improvements Assessment | $127,522 CAD |
| Land Assessment | $59,076 CAD | Total Assessment | $186,597 CAD |
Property Taxes
Parcel Number
303-01-011
Land Assessment
$59,076 CAD
Improvements Assessment
$127,522 CAD
Total Assessment
$186,597 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Century 21 Wilbur
1560 Wagar Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
