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Parkhurst 10501 Parkhurst Dr 20 Unit Apartment Building $1,250,000 ($62,500/Unit) Cleveland, OH 44111



Executive Summary
Discover a rare investment opportunity at 10501 Parkhurst Dr in Cleveland’s vibrant West Boulevard neighborhood. This classic multi-family property, built in 1920, spans 18,540 sq ft on a generous 0.46-acre lot and is ideal for investors looking to maximize long-term rental potential in a well-established community.
Situated in the 44111 ZIP code, the property features a sturdy structure reflecting early 20th-century charm and offers the flexibility to enhance value through strategic updates or redevelop for modern residential living.
Located within easy reach of local amenities, transit options, schools, and the heart of Cleveland, this asset appeals to tenants and investors alike seeking accessibility and community appeal. Whether you’re scaling your portfolio or securing a cornerstone investment, 10501 Parkhurst Dr presents compelling potential in today’s market.
Situated in the 44111 ZIP code, the property features a sturdy structure reflecting early 20th-century charm and offers the flexibility to enhance value through strategic updates or redevelop for modern residential living.
Located within easy reach of local amenities, transit options, schools, and the heart of Cleveland, this asset appeals to tenants and investors alike seeking accessibility and community appeal. Whether you’re scaling your portfolio or securing a cornerstone investment, 10501 Parkhurst Dr presents compelling potential in today’s market.
Property Facts
| Price | $1,250,000 | Building Class | C |
| Price Per Unit | $62,500 | Lot Size | 0.46 AC |
| Sale Type | Investment | Building Size | 18,540 SF |
| No. Units | 20 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 0.8/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Apartment | ||
| Price | $1,250,000 |
| Price Per Unit | $62,500 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 18,540 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | Apartment |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
| 2+1 | 6 | - | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $217,700 | |
| Land Assessment | $26,460 | Total Assessment | $244,160 |
Property Taxes
Parcel Numbers
Land Assessment
$26,460
Improvements Assessment
$217,700
Total Assessment
$244,160
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Parkhurst | 10501 Parkhurst Dr
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