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Investment Highlights

  • Fully Stabilized | 100% Occupied Mixed-Use Asset
  • Strong Commercial Tenancy | Law Firm and Retail User
  • Walkable Location | Surrounded by Dining and Amenities
  • 11 Total Units | 9 Residential, 2 Commercial
  • Below-Market Rents | Opportunity for Revenue Growth
  • Limited Supply | Rare Downtown Mixed-Use Opportunity

Property Facts

Price $1,799,000
Price Per Unit $199,889
Sale Type Investment
Cap Rate 6.84%
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Office
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.16 AC
Building Size 14,776 SF
No. Stories 3
Year Built 1900
Zoning D-B, WIlloughby
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
  • Listing ID: 40266128

  • Date on Market: 4/23/2026

  • Last Updated:

  • Address: 4126 E Erie St, Willoughby, OH 44094

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