For Sale
$18,000

11207 Buckeye RdCleveland, OH 44104

5-Unit Building, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property in Cleveland, Ohio presents a compelling value-add investment opportunity. Located at 11207 Buckeye Rd, in the 44104 zip code, this distressed property comprises two buildings situated on a 0.199-acre lot (APN 128-28-036). The property features a total of 8,142 square feet and includes a vacant storefront and four residential units. The front building is a mixed-use structure with a storefront and two walk-up apartments, each offering two bedrooms and one bathroom. The rear building is a duplex, also featuring two two-bedroom, one-bathroom units. Built in 1900 and 1910, both buildings require complete renovation. The property's strategic location near Buckeye-Shaker neighborhood offers proximity to Cleveland Clinic's Children's Hospital, Buckeye Plaza, and Benedictine High School, presenting strong potential for rental income. The asking price is $18,000, translating to $2.21 per square foot. The property's potential rental income from the residential units is estimated at $3,100+ per month, based on an estimated $850 per month for each duplex unit and $700 per month for each apartment above the storefront. This property offers significant upside potential through renovation and lease-up of the vacant storefront. The property is currently vacant.

Highlights

  • Mixed-use property in Cleveland, OH (44104), located at 11207 Buckeye Rd.
  • 0.199-acre lot (APN 128-28-036) with two buildings totaling 8,142 square feet.
  • Features a vacant storefront and four (4) two-bedroom, one-bathroom residential units.
  • Built in 1900 and 1910, requiring complete renovation.
  • $18,000 asking price ($2.21/SF), with potential rental income exceeding $3,100/month.

Property Details for 11207 Buckeye Rd

Property type
Retail properties, Mixed-use properties
Square Feet
8,142 SF
Buildings
2
Lot Size (sq. ft)
8,668 SF
Units
5

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4814146
Longitude
-81.60674196
11207 Buckeye Rd, Cleveland, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
11207 Buckeye Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message