OMOfferMarket

Off-Market Archive

No longer actively listed

Off market since May 19, 2026. Photos, details, and location data are preserved for neighborhood research and comparable analysis.

Last listed

$545,000.00

Off-Market

563 E 118th St

Cleveland, OH 44108, USA

List price

$545,000

16

beds

12

baths

10,443

sq ft

1913-01-01

built

Multi Family

Photographs

· interior, exterior, and the details that matter.

Drop photographs here, or click to browse

Interior and exterior shots welcomed — the first photo is your headline.

Photographs

Picture of listing, number 0
Picture of listing, number 1
Picture of listing, number 2
Picture of listing, number 3
Picture of listing, number 4
Picture of listing, number 5
Picture of listing, number 6
Picture of listing, number 7
Picture of listing, number 8
Picture of listing, number 9
Picture of listing, number 10
Picture of listing, number 11
Picture of listing, number 12
Picture of listing, number 13
Picture of listing, number 14
Picture of listing, number 15

Photos of the property

Explore the location

· from aerial to streetside.

Click to explore Street View
Scroll past freely — Street View won't take over until you activate it.

Story

12 Unit apartment building in Cleveland, OH. Currently 8 units are occupied and the remaining 4 units need work. On 8 units rented, the current monthly gross income is $3,950. All the units are large size and they all have dining room and a front porch. Tenants pay for electric and gas. Landlord is responsible only for water. All the units have separate gas furnaces. Currently, there is no onsite laundry. The new owner can add laundry for additional income. All the units have hardwood floors. The CAP rate is computed based on $500 for 1BR and $600 for 2BR. There is room to increase rents. Cash-on-cash return is 20.2%. Currently there are no section 8 tenants. On bus lane and the stop is right at the building. Very easy to rent.

Property details

13 details the seller has shared

13 fields

Property

· The bones — what the buyer sees first

Bedrooms

16

Full baths

12

Finished sq ft

10,443 sq ft

Above-grade sq ft

10,443 sq ft

Year built

1913

Stories

2

Units

12

Property type

Multi Family

Occupancy

Rental Property

Financials

· What it earns and what it costs to hold

ARV (after repair)

$630,000

Cap rate

10%

Cash-on-cash return

25%

Monthly cash flow

$6,400 /mo

OfferMarket Loans

Check your rate

60 seconds · no credit pull

Check my rate

In the neighborhood

Nearby properties on OfferMarket

$235,000

1721 Allandale Ave, East Cleveland, OH 44112, USA

8 beds

4 baths

$127,000

328 Oak Knoll St, Newton Falls, OH 44444, USA

$75,000

1411 E 53rd St, Cleveland, OH 44103, USA

$175,000

1565 Vilardo Ln, Columbus, OH 43227, USA

$260,000

1353 N 4th St, Columbus, OH 43201, USA

$80,000

290 E 150th St, Cleveland, OH 44110, USA

$70,000

560 E 103rd St, Cleveland, OH 44108, USA

$139,000

2511 Hood Ave, Cleveland, OH 44109, USA

$19,600

1201 Western Ave, Toledo, OH 43609, USA

$74,100

20111 Ridgewood Ave, Warrensville Heights, OH 44122, USA

$97,500

19911 Wickfield Ave, Warrensville Heights, OH 44122, USA

$132,000

3433 W 129th St, Cleveland, OH 44111, USA

Browse every listing→