Vision Sales Team

9019 Denison Avenue

Cleveland , OH 44102

MLS#: 5145827

$405,000

Status: Active
Listing number: 5145827
Listing provided by: RE/MAX Omega
Listing agent phone: None
Last update: 2 days ago
Browse Properties
Desnoyer - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

N/A

Check out this amazing Opportunity to grow and expand your portfolio, or if you are looking to start one. Start earning money on day one with room to grow the two retail spaces that to really bring in more growth then already producing. All six-unit apartments are completely occupied. Tenants are Eden and CMHA. with one private. totally in rents of around five thousand a month and tenants are responsible for their own utilities. The two retail spaces could have the ability to be converted into apartments and or retail spaces for a business. Units 1,2,4,6 are two bed apartments and units 3 and 5 are one bed apartments. Come make this property yours and start or add to your portfolio today. Seller is selling as is and will not make any updates or changes to the property, Seller will continue to maintain the premises during the listing and sale process. please give 24-hr notice for appointments, Seller will not show occupied units until accepted offer.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Forced Air

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1154

  • Property Type

    Commercial Sale

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $405,000

  • Tax Amount

    5112.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Jennifer J Webb , RE/MAX Omega

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent ShelbyHumpal

AGENT

ShelbyHumpal

Call Shelby today to schedule a private showing.

(440) 321-8376

Shelby@VisionSalesTeam.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Check out this amazing Opportunity to grow and expand your portfolio, or if you are looking to start one. Start earning money on day one with room to grow the two retail spaces that to really bring in more growth then already producing. All six-unit apartments are completely occupied. Tenants are Eden and CMHA. with one private. totally in rents of around five thousand a month and tenants are responsible for their own utilities. The two retail spaces could have the ability to be converted into apartments and or retail spaces for a business. Units 1,2,4,6 are two bed apartments and units 3 and 5 are one bed apartments. Come make this property yours and start or add to your portfolio today. Seller is selling as is and will not make any updates or changes to the property, Seller will continue to maintain the premises during the listing and sale process. please give 24-hr notice for appointments, Seller will not show occupied units until accepted offer.

9019 Denison Avenue

Message successfully sent.

What would you like to know?

Related Properties

BUSINESS ONLY FOR SALE BUILDING LEASE IS 6000.00 The Brothers Lounge, located at 11609 Detroit Avenue in Cleveland, Ohio, has been a Cleveland landmark since 1959. Founded by Fred and Ed Sabath, The Brothers Lounge is the oldest music club in Cleveland. It was known for its quality ethnic foods, and great jazz and blues music. The Brothers Lounge has seen on its stage national performers such as BB King, Bonnie Raitt, Buddy Guy, and Anton Figg (drummer for Dave Letterman), to name a few. It was the place where national performers could feel at home and mix with Cleveland's "local talent." American blues legend Robert Lockwood, Jr. started performing regularly at The Brothers Lounge in 1977 and continued to do so until 1990. In 2004, the current owner, bought the building and contents with the goal of resurrecting The Brothers Lounge as a Cleveland landmark. Owner masterfully renovated the space, utilizing every square inch to its highest and best use, employing top-of-the-line materials and unparalleled craftsmanship, and equipping it with state-of-the-art sound & security technology, all while meticulously preserving the club's original character and inimitable charm. 5035948 Building for sale!
#5035922

Cleveland

11609 Detroit Avenue

None Beds

None Baths

4,800 Sq.Ft.

$350,000

MLS#: 5035922

FORMERLY A FURNITURE STORE WITH REAR OVERHEAD DOOR FOR DELIVERIES,,PARTIAL BASEMENT
#5141661

Cleveland

5203 FLEET Avenue

None Beds

None Baths

11,669 Sq.Ft.

$420,000

MLS#: 5141661

Prime 6-Unit Investment Property – Partially Occupied, Newly Updated! This well-maintained 6-unit apartment building presents an excellent investment opportunity with 50% tenant occupancy and strong cash flow potential when fully leased. Recent updates include fresh paint and brand-new LVP flooring in some of the vacant units, making them move-in ready for new tenants. The property features a mix of unit layouts designed to attract a variety of renters, with steady rental income from existing long-term tenants. When fully occupied, this building delivers solid cash flow and a strong return on investment. Whether you’re an investor looking to maximize rental income or an owner seeking a partially occupied property with room to increase value, this apartment complex is a fantastic opportunity. Don’t miss out—schedule your viewing today!
#5112162

Cleveland

3390 E 149th Street

None Beds

None Baths

N/A

$419,900

MLS#: 5112162

Turnkey Convenience Store – Business + Inventory Only Great opportunity to take over a fully operational convenience store in a busy location! This established business includes all equipment, fixtures, and inventory—everything you need to start making money from day one. The store features a well-organized layout with beverage coolers, shelving, display racks, and a point-of-sale system. Located in a high-traffic area, it enjoys steady foot traffic and neighborhood visibility. Business + Inventory Only – No real estate included Rent: $3,300/month (NNN) Excellent growth potential with extended hours or additional product offerings Ideal for owner-operators or experienced investors Don’t miss this chance to own a turnkey business with immediate income potential!
#5143633

Cleveland

14120 Lorain Avenue

None Beds

None Baths

N/A

$350,000

MLS#: 5143633

Well-Maintained 3-Bay Mechanic Shop with Parking – High Visibility Location Excellent opportunity to own a versatile commercial property in a prime, high-traffic area! This well-maintained 3-bay mechanic shop offers ample space, functionality, and flexibility for your business needs. Featuring dedicated parking, a spacious layout, and solid infrastructure, the property is ready for immediate use as an auto service center. Zoned for commercial use, this site can easily be converted into a convenience store and gas station, offering significant potential for expansion or redevelopment. Its excellent location with great visibility and easy access makes it ideal for attracting steady customer traffic. Whether you're a business owner looking to expand, or an investor seeking a high-potential site, this property delivers versatility, location, and value.
#5143615

Cleveland

4700 Clark Avenue

None Beds

None Baths

N/A

$390,000

MLS#: 5143615

Don't miss out on this great investment opportunity that this multifamily 6 unit/2 story building has to offer! These units are approx 538 sq ft being partially occupied with the potential to create a strong rental income. This property is within 11 minutes from Cleveland State University, and three minutes from the Cleveland Metro park zoo. This property is being sold in as-is condition very easy to show! Schedule your showings today.
#5122207

Cleveland

6701 Denison Avenue

None Beds

None Baths

N/A

$380,000

MLS#: 5122207

This Portfolio offers a unique opportunity to acquire 6 parcels that include 6 multifamily buildings and a parcel of land on Cleveland’s eastside—totaling 18 units with a diverse mix units.Priced at just $25,000 per unit / $67.89 per sq ft, it is primed for a motivated investor. Current rents and occupancy are below market, resulting in a present cap rate of -2.9%. Once stabilized and repositioned, the proforma cap rate jumps to 33.8%, with gross rental revenue projected at $211,800 annually. Current monthly income: $1950/ mo (from Only 3 occupied units) Current Gross Income: $23,400/year Proforma Gross Income: $211,800/year Actual Expenses: $36,544/year (expected to normalize to $53,312 at stabilization) Proforma NOI: $147,898/year (current NOI is negative) Projected Cash-on-Cash: 107% | IRR: 178% Unit Mix: Studios: 4 1BR/1BA: 3 2BR/1BA: 6 3BR/1BA: 3 5BR/1BA: 1 All properties need varying levels of renovation and lease-up, but most major capital expenditures are already factored into the proforma. Comparable sales in the neighborhood support an ARV between $648,000–$716,000, with plenty of margin for value creation. Whether you’re looking to renovate and refinance, reposition and hold, or eventually sell as a stabilized package, this portfolio offers an unbeatable entry point into Cleveland multifamily with major value-add potential and strong projected returns.
#5126483

Cleveland

9620 Fuller Avenue

None Beds

None Baths

N/A

$450,000

MLS#: 5126483

Turnkey 5-Unit Apartment Building! This fully occupied, lead-certified 5-unit multifamily property delivers a strong 10.36% cap rate and consistent cash flow from day one. All 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.
#5126734

Cleveland

5711 Clark Avenue

None Beds

None Baths

N/A

$399,000

MLS#: 5126734

100% occupied. All tenants are on government guaranteed rental contracts. Email agent for market rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building. Professional property management and construction services availalbe. Local & out of state investors welcome! Broker owned building.
#5015385

Cleveland

4101 Ridge Road

None Beds

None Baths

N/A

$469,900

MLS#: 5015385

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here