5612 Linwood Avenue, Cleveland, OH 44103 (MLS # 5221522)

Price $369,900
Status Active
Size 6,759 sqft
Lot Size 5,445 sqft
Days on Market 1
Completed updated, turnkey all brick apartment building with 7 apartments. This is the ideal multifamily investment well positioned close to Cleveland Clinic, Case Western Reserve and University Circle - one of the hottest investment markets in Cleveland, Ohio. Each unit features large 2 bedrooms and 1 bath units. Each apartment offers separate gas and electric meters - VERY RARE! 6 in unit furnaces, 6 A/C units, 6 H20 tanks, 7 gas meters and 7 electric panels allowing the tenants to pay for their utilities. On street parking and shared driveway. All units equipped with refrigerators and stoves. Over $250,000 invested into the building by prior ownership. Extensive list of capital improvements including: vinyl windows (2005), electric panels, H2O tanks (2019-2024), kitchens and baths all have tile flooring, tile showers, oaks cabinets, glass block windows in basement, electrical service to property, updated units, updated common areas and more! Coin operated laundry for additional income. Positioned along the Cleveland Clinic Corridor close to Case Western Reserve University (2.2 miles away). Downtown Cleveland (3.2 miles away). Close to shopping including Daves Supermarket (0.8 miles away). Highly desirable area for increased rent growth and development in the surrounding area. Great cash flow and easy to maintain. Huge opportunity to bring the 7th apartment back online in the basement. Currently not being utilized and will require renovation. Reach out today for a copy of the Offering Memorandum and to schedule a tour!
Property Type(s): Commercial
Last Updated 6/23/2026 Tract Midway N C Waters
Year Built 1916 County Cuyahoga

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BASEMENT Apartment, Full, Unfinished, Walk-Out Access, Yes
HEAT Forced Air, Natural Gas
INTERIOR BikeStorage, PrivateRestrooms, ReceptionArea
LOT 5445 sq ft
PARKING Shared Driveway, On Street
SEWER Public Sewer
STORIES 3+
SUBDIVISION Midway N C Waters
TAXES 7005
WATER Public
ZONING Commercial

Location

 

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Listing provided by: Anthony D Takacs | 440-567-8047, Century 21 Homestar, takacs.century21@gmail.com, 440-567-8047

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).

Listing information is deemed reliable, but not guaranteed.

Data Last Updated: 6/23/26 1:43 PM PDT


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