This updated 6-unit apartment building offers strong cash flow

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Apartment For Sale

1156 Carl Avenue

Cleveland, Ohio 44103

Cuyahoga County

Community: 

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$354,999 0 br, 0.0 bath 0 sq. ft. 0.121 acres

This updated 6-unit apartment building offers strong cash flow potential with major improvements already completed. Each unit has 2 bedrooms and 1 full bath. The roof was replaced in 2025 and comes with a 15-year warranty. Each unit features refinished hardwood and luxury vinyl plank flooring, fresh paint, updated kitchens, and several bathroom upgrades. Every unit also includes a private porch, adding to tenant appeal. Building systems have been modernized with new GE electrical panels and wiring in each unit, a new exterior electric meter bank, updated PVC plumbing, newer furnaces, and several newer hot water tanks. Vinyl windows are installed throughout. Currently, Unit 1,2,5 & 6 are rented at $1,150/month each, with the remaining units vacant and ready for lease-up. This property is a turnkey opportunity for investors seeking immediate income with long-term upside.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 1917
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Forced Air
  • Garage: 
Exterior:
  • Lot Size: 0.121 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $4,850
  • MLS #: 5170084
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Contact Information:
Beach Apartment For Sale in Cleveland, Ohio
Listing Agent: Jack Krusinski, EXP Realty, 216-789-6736, 866-212-4991 Listing Site, Listing Status: Active
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6943966
Viewed 18 times.
Updated: Nov 27, 2025

This property is a Apartment located at 1156 Carl Avenue, Cleveland, Ohio 44103, and is currently For Sale at $354,999. This Apartment has 0 bedrooms, 0.0 baths, 0 sq ft.