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Commercial Real Estate for Sale at 1156 Carl Avenue in Cleveland, OH for $380,000

Listing data last changed 08/26/2025 - 7:08pm
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1156 Carl Avenue | Cleveland

$380,000 | 0.0 Sq. Ft.

This updated 6-unit apartment building offers strong cash flow potential with major improvements already completed. 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 \u0026 2 are rented at $1,150/month each, with the remaining units vacant and ready for lease-up. The seller is also willing to assist in filling additional units. This property is a turnkey opportunity for investors seeking immediate income with long-term upside. MLSNow 5151431 Directions to property: From Superior Ave, turn onto Norwood Rd. From Norwood, turn onto Carl Ave. Property is near the end of the street

MLS Listing ID: 
MLSNow 5151431
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$380,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
1156 Carl Avenue, Cleveland, OH 44103
County: 
Cuyahoga
Latitude: 
41.5213860
Longitude: 
-81.6457520
Directions: 
From Superior Ave, turn onto Norwood Rd. From Norwood, turn onto Carl Ave. Property is near the end of the street
Public Remarks: 
This updated 6-unit apartment building offers strong cash flow potential with major improvements already completed. 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 \u0026 2 are rented at $1,150/month each, with the remaining units vacant and ready for lease-up. The seller is also willing to assist in filling additional units. This property is a turnkey opportunity for investors seeking immediate income with long-term upside.
Community Information
School District: 
Cleveland Municipal - 1809
Building Details
Details about the building on a property.
Year Built: 
1917
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
None
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.12
Lot Size (Area): 
0.12
Public Record
Parcel Number: 
105-21-035
Annual Tax: 
$4,850.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXP Realty, LLC.

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