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Property Description

Turnkey 5-Unit Apartment Building! This fully occupied, lead-certified 5-unit multifamily property delivers a strong 9.9% cap rate and consistent cash flow from day one. Four of the five units have been completely renovated, and several are subsidized or Section 8 eligible, offering reliable rent payments and smooth inspection compliance. Each unit includes assigned parking, ensuring ease of access for tenants. An unfinished attic presents the opportunity to add a 6th unit, further increasing ROI. Ideally located directly across from the newly constructed Clark School and Clark Recreation Center, this asset benefits from continued neighborhood growth and rising rental demand. A rare combination of strong current returns, low maintenance, and clear upside—perfect for investors looking to scale their portfolio with a high-performing, future-ready asset.

Features
: Forced Air
: No
: Driveway, Garage
: Basement
Address Map
OH
Cuyahoga
Cleveland
Clark
5711
Avenue
44102
W82° 16' 27.9''
N41° 28' 9.7''
Property Details
Active
Realuxe Ohio
Sabrina R Semidey
2015003258
20322
016-11-022
: Asphalt
: Public Sewer
2
: Public
$5,254
30/05/2025 03:49:30
No
No
No
No

5711 Clark Avenue, Cleveland, Ohio

Commercial Sale For Sale

0.17 Sqft
$400,000
Listing ID #5126734
Basic Details
Property Type : Commercial Sale
Property Sub Type : Apartment
Levels : Two
Listing Type : For Sale
Listing ID : 5126734
Price : $400,000
Year Built : 1910
Lot Area : 0.17 Sqft
Current Use : Multi-family
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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