8403 Detroit Avenue

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Address: 8403 Detroit Ave, Cleveland, OH 44102, USA
Chicago & Midwest + Apartment Buildings
Created date: September 18, 2026
Date last updated: September 19, 2026
Price: $950,000Investment Analyzer NEW!

Property Description

Rare opportunity to own a fully renovated property with in the highly desirable Detroit Shoreway neighborhood. Residential units include a mix of one-bedroom and efficiency apartments, all leased with stable tenancy through 2027. The building has been extensively updated with a new roof, HVAC systems, updated electrical and plumbing, and fully renovated interiors, resulting in minimal deferred maintenance. Tenants pay utilities, keeping operating expenses low. Located just minutes from Edgewater Park with easy access to downtown Cleveland and major highways. Excellent opportunity for investors seeking a well-maintained property with strong income and upside potential

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $950,000
Year Built: 1910
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 3
Number of Bathrooms: 5
Address: 8403 Detroit Avenue, Cleveland, OH 44102, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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