USAOHClevelandDiodate Clark's5711 Clark Ave
5711 Clark Ave, Condo with 0 bedrooms, 0 bathrooms and 5 parking in Cleveland OH | Image 1
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$399,000

5711 Clark Ave, Cleveland, OH

Condo

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size  sqft
Garage Yes
Maintenance Fees 
Taxes $5,254
Days Active 64
Approx. Age 1910
MLS® Number 5126734

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 5-Unit Apartment Building! This fully occupied, lead-certified 5-unit multifamily property delivers a strong 10% cap rate and consistent cash flow from day one. All units have been completely renovated, and several are subsidized or Section 8 eligible, offering reliable rent payments and smooth inspection compliance. Each unit includes assigned parking, ensuring ease of access for tenants. An unfinished attic presents the opportunity to add a 6th unit, further increasing ROI. Ideally located directly across from the newly constructed Clark School and Clark Recreation Center, this asset benefits from continued neighborhood growth and rising rental demand. A rare combination of strong current returns, low maintenance, and clear upside—perfect for investors looking to scale their portfolio with a high-performing, future-ready asset.Show Description
MLS® Number5126734
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCoin Operated
Exposure
Exterior
GarageYes
Approx. Age1910
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CNone
Heating Fuel

Extras

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