522 Clearview Drive Euclid, OH $ 3,400,000
522 Clearview Drive
$ 3,400,000
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522 Clearview Drive

Euclid, OH, 44123
$ 3,400,000
Bedrooms-- Baths--

Monthly Estimate*

$ 21,212

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Commercial Property for sale in Euclid, OH

for $3,400,000. This building was built in 1951 on a lot size of 1.67.

Rare opportunity to acquire a stabilized, 65-unit condo portfolio within a 268-unit community in the high-demand submarket of Euclid, Ohio offering both immediate yield and long-term upside. Comprising entirely of two-bedroom, one-bath townhome style units, this portfolio sits at 98% occupancy and is operating at a strong 10+% cap rate on actuals based on an asking price of $3.4M, with a clear trajectory to exceed double-digit returns through strategic rent increases on renewals. Currently grossing nearly $60,000 per month, the portfolio has a proforma monthly rent of over $66,000 once minor rent bumps are put into place. The majority of units were renovated between 2023 and 2025, minimizing near-term capital needs and enhancing tenant appeal. As the majority owner in the community, the new owner will gain substantial influence over community decisions, positioning them to drive value through strategic enhancements and governance. This is a rare chance for sophisticated investors to secure scale, control, and performance in a tight rental market. Serious inquiries only.

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Commercial Pending

Price

$ 3,400,000

Property Type

Commercial

Taxes

$ 49,106

Style

Lot Size

1.67

Year Built

1951

Town/City

Euclid

County/Region

Cuyahoga

MLS | Web ID

5147897

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Delivery Of Deed
Year Built 1951
Township Euclid
Property Subtype Apartment
Tax Year 2024
Current Use Residential Single Family
Additional Parcels Description 643-02-454 643-02-456 643-02-457 643-02-458
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Subdivision Name Blisswood Village Condo
Status Pending
Directions North of I-90
City Euclid
High School District Euclid CSD - 1813
Lot Size Units Acres
Tax Annual Amount 49106
Living Area Units Square Feet
Standard Status Pending
Middle/Junior School District Euclid CSD - 1813
Elementary School District Euclid CSD - 1813
Year Built Source Public Records
Property Sub Type Additional Apartment
Legal Description 18-31 BVCONAPTS .001854% 006D
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Interior
Basement (Y/N) true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 1.67
Lot Size Acres 1.67
Lot Size Source Owner
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* Excluded Features
List By
Tal Tamir

Listing Agent

Russell Real Estate Services

Broker

tal@premierclevelandinvesting.com

Email

Affordability Calculator

$25,304
Per Month
84%
16%
0%
Monthly Principal & Interest
$21,212
Monthly Property Taxes
$4,092
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
4457889 Elementary School
4457898 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2025$3,400,000 -2.86% Price Down
8/29/2025$3,500,000 Listed Price

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522 Clearview Drive, Euclid, OH, 44123 is a Commercial Property for sale at $3,400,000 with a lot size of 1.67. 522 Clearview Drive was built in 1951. The property's zip code is 44123 which is in Euclid, OH