18911 Bella Drive Cleveland, OH $ 1,025,000
18911 Bella Drive
$ 1,025,000
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18911 Bella Drive

Cleveland, OH, 44119
$ 1,025,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,311

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Commercial Property for sale in Cleveland, OH

for $1,025,000. This building was built in 1962 on a lot size of 0.3581.

18911 Bella Drive presents a mostly renovated 12-unit multifamily asset with significant capital improvements already completed. Ownership has renovated 8 of 12 units over the past two years, achieving strong rent growth while maintaining stable occupancy. The property has undergone full lead abatement and holds a 20-year lead-free certification, significantly reducing regulatory risk. Additional recent capital improvements include a new roof, updated entry doors, renovated laundry rooms, and upgraded mechanical systems. This offering represents a rare opportunity to acquire a largely de-risked, near-stabilized asset with in-place income and remaining upside by increasing rents to market, maximizing an 8% CAP

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Commercial Active

Price

$ 1,025,000

Property Type

Commercial

Taxes

$ 15,987

Style

Lot Size

0.3581

Year Built

1962

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5209202

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Delivery Of Deed
Year Built 1962
Township Cleveland
Property Subtype Apartment
Tax Year 2025
HOA Fee 2 2200
County Cuyahoga
Net Operating Income 75500
Operating Expense 45000
Property Type Commercial Sale
Attached Garage false
Subdivision Name Kazens Bella Drive Resub 01
Status Active
Directions 90 to 185th street North. East on Bella
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Tax Annual Amount 15987
Water Sewer Expense 8500
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Apartment
Legal Description TR 14 KAZENBELDR RES #1 0012 ALL
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Interior
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 0.3581
Lot Size Acres 0.3581
Lot Size Source Assessor
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* Excluded Features
List By
Geoffrey DelGrosso

Listing Agent

Keller Williams Greater Cleveland Northeast

Broker

geoffdelgrosso@gmail.com

Email

Affordability Calculator

$7,643
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,311
Monthly Property Taxes
$1,332
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$1,025,000 Listed Price

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18911 Bella Drive, Cleveland, OH, 44119 is a Commercial Property for sale at $1,025,000 with a lot size of 0.3581. 18911 Bella Drive was built in 1962. The property's zip code is 44119 which is in Cleveland, OH