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3016 S Moreland Boulevard Shaker Heights, OH $ 1,575,000
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$ 1,575,000 Get more info
3016 S Moreland Boulevard
$ 1,575,000
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Share Save

3016 S Moreland Boulevard

Shaker Heights, OH, 44120
$ 1,575,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,826

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Commercial Property for sale in Shaker Heights, OH

for $1,575,000. This building was built in 1938 on a lot size of 0.5785.

Fantastic opportunity in Historic Shaker Square! Welcome to this 28-unit solid brick construction with many updates! Newer boiler within last 2 years, freshly painted and very well maintained. Currently with an on-site manager who may be willing to stay after title transfer. 3016 South Moreland offers 28 spacious 1 bedroom 1 bath units with open floor plans! This turn-key building is currently fully occupied and offers immediate returns with the potential to increase rents in the future. This is a great opportunity for investors. As you view this building, you'll love its beautiful architecture and exemplary charm! The building is Lead Certified.

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Commercial Active

Price

$ 1,575,000

Property Type

Commercial

Taxes

$ 29,501

Style

Lot Size

0.5785

Year Built

1938

Town/City

Shaker Heights

County/Region

Cuyahoga

MLS | Web ID

5084894
Features
General
Sewer Public Sewer
Heating Hot Water Steam
Cooling None
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Security Features Security System
Year Built 1938
Township Shaker Heights
Property Subtype Apartment
Tax Year 2024
Current Use Commercial
Business Type Real Estate Rental
Business Name Elation Properties II LLC
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Subdivision Name Vansweringen
Status Active
Directions South off of South Woodland on the West Side of the street.
City Shaker Heights
Disclosures Principal is Real Estate Licensed
High School District Shaker Heights CSD - 1827
Lot Size Units Acres
Tax Annual Amount 29501.32
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Shaker Heights CSD - 1827
Elementary School District Shaker Heights CSD - 1827
Year Built Source Public Records
Total Actual Rent 211428
Property Sub Type Additional Apartment
Legal Description 438 VANS #12 S/L316& 317 ALL 0315 ALL
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Interior
Basement Full Unfinished
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Coin-operated
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Covered Outside Paved
Water Source Public
Total Parking 20
Lot Size Area 0.5785
Foundation Details Basement
Number of Buildings 1
Lot Size Acres 0.5785
Lot Size Source Assessor
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* Excluded Features
List By
Joseph A Zingales

Listing Agent

Berkshire Hathaway Homeservices Professional Realty

Broker

josephzingales@gmail.com

Email

Affordability Calculator

$12,284
Per Month
80%
20%
0%
Monthly Principal & Interest
$9,826
Monthly Property Taxes
$2,458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457919 Elementary School
4457910 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/29/2025$1,575,000 Listed Price

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3016 S Moreland Boulevard, Shaker Heights, OH, 44120 is a Commercial Property for sale at $1,575,000 with a lot size of 0.5785. 3016 S Moreland Boulevard was built in 1938. The property's zip code is 44120 which is in Shaker Heights, OH

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