801 Literary Road
Cleveland, OH, 44113 $ 1,500,000
Baths0.0 Monthly Estimate*
$ 9,358
Studio for $1,500,000. This home was built in 1913 on a lot size of 0.0455.
This is more than just a property, it's your next big move in Cleveland's iconic Tremont neighborhood. Located in the heart of all the action, this dynamic mixed-use building is primed for serious return on investment. Currently split into a trendy second floor apartment and a fully operating hair salon on the first, this space is ready to flex. With existing HVAC already split three ways, converting into three distinct residential units is a breeze. The salon on the main level is dialed in with six stations, a bathroom, and its own kitchen/lounge area. Want to maximize cash flow? With just a few tweaks, the rear of the salon can transform into a stylish one bedroom unit with a full kitchen, bath, and laundry. Upstairs, you'll find a gorgeous loft style apartment oozing with modern industrial vibes. Think high ceilings, sleek finishes, 3 bedrooms, 3 baths, a killer kitchen, laundry room, and a chill living space, it's the perfect blend of function and style. And it gets even better on the third floor, a luxurious primary suite with heated bathroom floors and jaw dropping views of downtown Cleveland from not one, not two, but three private balconies. Full lot in back comes with building. The numbers don't lie: the salon pulls in $2,892/month, and the apartment brings $3,914/month, both with built-in 3% annual rent increases. Whether you're a savvy investor looking for multi stream income or a house hacker aiming to live stylishly while your property helps pay for itself, this is your chance to get into Tremont while it's hot. Don't sleep on this, opportunities like this don't come around often. New Business taking over downstairs on January 1st, 2026 - more information in Private Remarks
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir Fireplaces
Cooling CentralAir
Possession Negotiable
Roof Asphalt Shingle
Year Built 1913
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Retail
Tax Year 2024
Current Use Commercial
Business Type BarberBeauty
County Cuyahoga
Property Type CommercialSale
Attached Garage false
Status Active
Directions Located at the section of professor ave and Literary rd across from Barrio Tacos.
City Cleveland
Disclosures PrincipalIsRealEstateLicensed
High School District Cleveland Municipal - 1809
Zoning Description Commercial
Lot Size Units Acres
Tax Annual Amount 24708.28
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Property Sub Type Additional Retail
Legal Description 87 SLADE 0130 EP
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InteriorBasement Full PartiallyFinished StorageSpace
Fireplace Features Gas
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Main Level Bathrooms 0
Total Baths 0
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ExteriorParking Features Concrete
Water Source Public
Total Parking 4
Lot Size Area 0.0455
Building Area Total 3900
Lot Size Acres 0.0455
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices Professional RealtyBroker
Tjhousecle@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,358
- Monthly Property Taxes
- $2,059
- 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.
Learn more about how to save NearbySingle family listings in Cleveland, OH
Average List Price $161,723
Percent of Sale Price 89%
About Cleveland, OH 372,504 Population
-22% Since 2002
$ 27,719 Median Income
37.02 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/19/2025 | $1,500,000 | | Listed Price |