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2127 W 100th St - 2127 W 100th Street, Cleveland, OH 44102 4 Unit Apartment Building Offered at $365,000 Cleveland, OH 44102
Investment Highlights
- This fully leased four-unit apartment building generates $3,840 per month in gross rent!
- Located in a high-demand rental corridor on the west side, close to everyday retail, restaurants, and major commuter routes.
Executive Summary
This fully leased four-unit apartment building generates $3,840 per month in gross rent. The property is fully occupied. Three of the four tenants are CMHA, with recent rent increases in place. The fourth unit is a long-term private-pay tenant currently paying $850 per month. All tenants are on month-to-month leases with active HAP contracts in place where applicable. Owner pays for water and sewer, and tenants pay for gas and electricity. Mechanicals are in good condition. The property sits in a high-demand rental corridor on the west side, close to everyday retail, restaurants, and major commuter routes. Nearby amenities include Starbucks, grocery stores, fast-casual dining, and neighborhood services that support tenant retention and consistent occupancy. This location and tenant mix make it a straightforward, cash-flow-focused investment for buyers seeking predictable rental income.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $365,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $91,250 | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 7,006 SF |
| Sale Condition | Build to Suit | Average Occupancy | 100% |
| Gross Rent Multiplier | 7.9 | No. Stories | 3 |
| No. Units | 4 | Year Built | 1900 |
| Property Type | Multifamily |
| Price | $365,000 |
| Price Per Unit | $91,250 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| Gross Rent Multiplier | 7.9 |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.30 AC |
| Building Size | 7,006 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Oven
- Range
- Basement
- Dining Room
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2127 W 100th St - 2127 W 100th Street, Cleveland, OH 44102
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