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

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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.

Attachments

10501 Parkhurst

Property Facts

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 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 018-14-017
  • 018-14-107
Land Assessment
$26,460
Improvements Assessment
$217,700
Total Assessment
$244,160
  • Listing ID: 39452974

  • Date on Market: 2/16/2026

  • Last Updated:

  • Address: 10501 Parkhurst Dr, Cleveland, OH 44111

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