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624 Cleveland Rd E 29 Unit Apartment Building $2,399,000 ($82,724/Unit) Huron, OH 44839
Executive Summary
Discover a strong investment opportunity in the desirable community of Huron, Ohio. This offering includes two 12-unit apartment buildings, a
quadplex, and a single-family residence. These well-maintained properties have a proven history of steady occupancy, providing reliable income and long-term stability.
Conveniently located near Lake Erie, local schools, and major employment hubs, the properties benefit from consistent tenant demand. The site also features an
approved curb cut, offering added accessibility and potential for future redevelopment or expansion.
quadplex, and a single-family residence. These well-maintained properties have a proven history of steady occupancy, providing reliable income and long-term stability.
Conveniently located near Lake Erie, local schools, and major employment hubs, the properties benefit from consistent tenant demand. The site also features an
approved curb cut, offering added accessibility and potential for future redevelopment or expansion.
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
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
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 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,399,000 | Building Class | C |
| Price Per Unit | $82,724 | Lot Size | 2.42 AC |
| Sale Type | Investment | Building Size | 42,744 SF |
| No. Units | 29 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1978 |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Price | $2,399,000 |
| Price Per Unit | $82,724 |
| Sale Type | Investment |
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.42 AC |
| Building Size | 42,744 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1978 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 47 | - | 900 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Total Assessment | $1,051,522 (2024) | |
| Land Assessment | $60,399 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $991,123 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$60,399 (2024)
Improvements Assessment
$991,123 (2024)
Total Assessment
$1,051,522 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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624 Cleveland Rd E
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