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$ 189,900
Est. payment /mo
Active
932 Wheelock RD Cleveland, OH 44103
4,599 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Zenas Kings
MLS Listing ID 5215295
HOA Y/N No
Year Built 1913
Annual Tax Amount $3,594
Tax Year 2025
Lot Size 4,599 Sqft
Acres 0.1056
Property Sub-Type Apartment
Property Description
Exceptional investment opportunity in Cleveland's growing Glenville neighborhood! This all-brick 6-unit apartment building offers investors the chance to generate significant cash flow with a projected rental potential of approximately $1,200 per unit per month. The property features spacious apartment units, many with vinyl replacement windows, while some kitchens and bathrooms appear to have been updated, providing added appeal for future tenants. Each unit is served by its own forced-air furnace, offering individual heating systems and added convenience for property management.
The solid brick construction provides durability and long-term value for any investor's portfolio. Conveniently located just minutes from the world-renowned Cleveland Clinic, Case Western Reserve University, and the cultural and educational amenities of University Circle, this property is ideally positioned to attract tenants seeking proximity to healthcare, education, and major employment centers.
Whether you're looking to expand your portfolio or acquire a value-add multifamily asset with strong income potential, this 6-unit building presents an outstanding opportunity. With potential gross rental income approaching $7,200 per month at market rents, the numbers make this property worthy of consideration. Sold as-is.
The solid brick construction provides durability and long-term value for any investor's portfolio. Conveniently located just minutes from the world-renowned Cleveland Clinic, Case Western Reserve University, and the cultural and educational amenities of University Circle, this property is ideally positioned to attract tenants seeking proximity to healthcare, education, and major employment centers.
Whether you're looking to expand your portfolio or acquire a value-add multifamily asset with strong income potential, this 6-unit building presents an outstanding opportunity. With potential gross rental income approaching $7,200 per month at market rents, the numbers make this property worthy of consideration. Sold as-is.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 107-03-001
Special Listing Condition Real Estate Owned
Listed by Shane Reid • Century 21 Homestar • shanereid97@gmail.com, 330-577-7080