4400 Rocky River Drive, Cleveland, OH
$ 2,500,000
Property Attributes
  • MLS#4489128
  • TypeCommercial
  • CountyCUYAHOGA
  • CityCleveland
  • NeighborhoodRockport
  • Zip44135
  • Style
  • Year Built1956
  • Taxes$ 22562
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.7051 Acres
Data Source:
Property Description

Fully occupied, 27 unit apartment building around the corner from the VERY hot Kamm's Corner neighborhood! Ideally located next to all public transportation and infinite job opportunities, 7 min from the airport and near both major westside highways. Over 25 units have been renovated to include new lvp floors, paint, and more. Market rent is $875/ mo. and many units are getting that already. The owners have also started implementing a utility charge to new leases. At this time, 10 of the units pay an average of $90/mo towards utilities. At that rate, you could reduce your expenses by nearly $2500/ mo or $30,000/ year once all units have it written into the lease. GREAT location and truly passive investment on Cleveland's westside. Owner will look at all offers. Sellers are offering additional commission- contact agent for more details.

Price History
9/18/2023 Listed $2,500,000

General Features

Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Carport Y/N No
City Cleveland
County Cuyahoga
Current Financing Cash, Conventional
Days on Market 22
Directions Between Puritas and Kamm's Corners
Elementary School District Cleveland Municipal - 1809
Garage Y/N No
Heating ForcedAir, HotWater, Steam
High School District Cleveland Municipal - 1809
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Middle/Junior School District Cleveland Municipal - 1809
Mobilehomeremainsyn No
New Construction No
Occupancy Description Vacant
Possession DeliveryOfDeed
Property Attached Y/N No
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type CommercialSale
Rent Control Y/N No
Roof Flat
Senior Community Y/N No
Standard Status Active
Status Active
Street Name Rocky River
Subdivision Name Rockport Sec 08
Tax Annual Amount 22562.0
Total Actual Rent 20218.0
Total Units 27
Township Cleveland
View Y/N No
Virtual Tour
Waterfront Y/N No
Year Built 1956

Interior Features

Air Conditioning Y/N No
Basement None
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Drive
Total Stories 2

Exterior Features

Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.7051
Lot Size Area 0.7051
Lot Size Units Acres
Open Parking Y/N No
Parking Features Driveway, Paved
Spa No
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 44135

AVG $1.1M
AVG $9,780
AVG 64
Data Provided by Inside Real Estate®
Year Built
AVG 1954
AVG 58
Data Provided by Walkscore® not using MLS data

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