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Property Description

Incredible opportunity to acquire a fully occupied mixed-use property on East 185th Street in Cleveland, Ohio, just outside of Euclid. This cash-flowing asset features four commercial storefronts and a duplex on the same lot, with all units currently leased. The commercial spaces are slightly under market rent, each averaging $750/month, offering immediate upside on renewals. The duplex consists of two one-bedroom, one-bath units—one leased at $625/month through 11/30/2025, and the other at $575/month through 7/31/2026. A brand-new roof is being installed on the commercial building, reducing future capital expenditures for the new owner. Based on current financials, the property is operating at an 8%+ cap rate, with a clear path to double-digit returns through modest rent increases. This is a rare, low-maintenance, income-producing asset in a high-visibility location ideal for any investor seeking strong in-place cash flow with value-add potential.

Features
: Gas, Forced Air
: No
Address Map
OH
Cuyahoga
Cleveland
185th
608
Street
44119
W82° 26' 59.2''
N41° 35' 27.8''
E
Property Details
Active
Russell Real Estate Services
Tal Tamir
2018001908
20489
114-11-028
: Public Sewer
: Public
$5,454
23/07/2025 16:14:30
No
No
No
No

608 E 185th Street, Cleveland, Ohio

Commercial Sale For Sale

0.16 Sqft
$299,900
Listing ID #5141714
Basic Details
Property Type : Commercial Sale
Property Sub Type : Apartment
Listing Type : For Sale
Listing ID : 5141714
Price : $299,900
Year Built : 1927
Lot Area : 0.16 Sqft
Current Use : Mixed Use
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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