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2448 W 14th St 4 Unit Apartment Building $612,893 CAD ($153,223 CAD/Unit) Cleveland, OH 44113
Executive Summary
For Sale at $438,000, this property features a 3,536± SF shell building plus a 1,680± SF rear accessory structure, ideal for conversion into apartments, creative studios, office space, or fitness-related uses. With potential for up to six total units, the site is located in the heart of Tremont, directly across from historic Lincoln Park and surrounded by ongoing multi-family and commercial redevelopment projects. Enjoy walking access to popular local destinations such as Prosperity Social Club, Dante, Lucky’s Café, and The Bourbon Street Barrel Room. Tremont is celebrated for its historic churches, the “A Christmas Story” House museum, vibrant arts scene, and diverse dining options. Just five minutes from Downtown Cleveland, the West Side Market, and MetroHealth Medical Center’s main campus, this property offers unmatched convenience and neighborhood charm.
Property Facts
| Price | $612,893 CAD | Building Class | C |
| Price Per Unit | $153,223 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 5,216 SF |
| Sale Condition | Redevelopment Project | Average Occupancy | 0% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2022 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | MF-2 - Multi-family residence - low density zoning allows for multifamily use with a maximum density of up to 23 units per acre. | ||
| Price | $612,893 CAD |
| Price Per Unit | $153,223 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 5,216 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2022 |
| Opportunity Zone |
Yes |
| Zoning | MF-2 - Multi-family residence - low density zoning allows for multifamily use with a maximum density of up to 23 units per acre. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 004-11-043 | Improvements Assessment | $92,188 CAD |
| Land Assessment | $65,227 CAD | Total Assessment | $157,415 CAD |
Property Taxes
Parcel Number
004-11-043
Land Assessment
$65,227 CAD
Improvements Assessment
$92,188 CAD
Total Assessment
$157,415 CAD
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2448 W 14th St
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