1530 E 19th St - Apartments FOR SALE


Cleveland, OH 44114- Campus District
$750,000 USD
216-956-1327
1530 E 19th St, Cleveland, OH for Sale
$750,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

1530 E 19th St
Cleveland, OH 44114
Campus District


OVERVIEW

This fully renovated 5,200 SF building offers 12 units (14 beds) of student housing just one-tenth of a mile from Cleveland State University. Completed in 2022, the property features modern mechanicals throughout, including new plumbing, HVAC, electrical, and fire suppression systems. Each unit includes a mix of private and shared bathrooms (eight total), with tenants responsible for their own utilities. Common areas include a spacious lounge, large kitchen, and on-site laundry—with potential for added income. Additional highlights include seven dedicated surface parking spaces, fob entry, monitored surveillance, and proximity to the Cleveland Police Station. The property is also well-suited for a future conversion to traditional multi-family.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$144 USD /SF

# OF UNITS

12

PRICE/UNIT

$62,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cleveland Compound Student Housing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

SI

APN/PARCEL ID

102-24-027

ASK ABOUT THIS PROPERTY

Maureen Anter-ResslerCushman & Wakefield | CRESCO Real EstateMore Info
216-956-1327

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Maureen Anter-ResslerCushman & Wakefield | CRESCO Real EstateMore Info
216-956-1327

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.