5612 Linwood Avenue Cleveland, OH $ 369,900
5612 Linwood Avenue
$ 369,900
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5612 Linwood Avenue

Cleveland, OH, 44103
$ 369,900
Baths0.0

Monthly Estimate*

$ 2,336

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Studio

Single Family Home for sale in Cleveland, OH

for $369,900. This home was built in 1916 on a lot size of 0.125.

Completed updated, turnkey all brick apartment building with 7 apartments. This is the ideal multifamily investment well positioned close to Cleveland Clinic, Case Western Reserve and University Circle - one of the hottest investment markets in Cleveland, Ohio. Each unit features large 2 bedrooms and 1 bath units. Each apartment offers separate gas and electric meters - VERY RARE! 6 in unit furnaces, 6 A/C units, 6 H20 tanks, 7 gas meters and 7 electric panels allowing the tenants to pay for their utilities. On street parking and shared driveway. All units equipped with refrigerators and stoves. Over $250,000 invested into the building by prior ownership. Extensive list of capital improvements including: vinyl windows (2005), electric panels, H2O tanks (2019-2024), kitchens and baths all have tile flooring, tile showers, oaks cabinets, glass block windows in basement, electrical service to property, updated units, updated common areas and more! Coin operated laundry for additional income. Positioned along the Cleveland Clinic Corridor close to Case Western Reserve University (2.2 miles away). Downtown Cleveland (3.2 miles away). Close to shopping including Daves Supermarket (0.8 miles away). Highly desirable area for increased rent growth and development in the surrounding area. Great cash flow and easy to maintain. Huge opportunity to bring the 7th apartment back online in the basement. Currently not being utilized and will require renovation. Reach out today for a copy of the Offering Memorandum and to schedule a tour!

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Single Family Active

Price

$ 369,900

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 7,005

Style

Lot Size

0.125

Year Built

1916

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5221522

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession DeliveryOfDeed
Roof Flat Membrane Rubber
Security Features FireEscape
Year Built 1916
Stories Count 3
Township Cleveland
Levels ThreeOrMore
Property Subtype Apartment
Tax Year 2025
Current Use MultiFamily Residential SingleFamily
County Cuyahoga
Operating Expense 18050
Property Type CommercialSale
Association Amenities BikeStorage
Attached Garage false
Subdivision Name Midway N C Waters
Building Features BikeStorage PrivateRestrooms ReceptionArea
Status Active
Directions E55 to Linwood
City Cleveland
High School District Cleveland Municipal - 1809
Zoning Description Commercial
Number Of Units Total 7
Lot Size Units Acres
Tax Annual Amount 7005
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Assessor
Total Actual Rent 54624
Property Sub Type Additional Apartment
Cap Rate 9
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Interior
Basement Apartment CommonBasement Full Unfinished WalkOutAccess
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Laundry Features CoinOperated
Main Level Bathrooms 0
Total Baths 0
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Exterior
Fencing Partial
Parking Features SharedDriveway OnStreet
Water Source Public
Total Parking 2
Lot Size Area 0.125
Foundation Details Basement
Number of Buildings 1
Building Area Total 6759
Lot Size Acres 0.125
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Anthony D Takacs

Listing Agent

Century 21 Homestar

Broker

takacs.century21@gmail.com

Email

Affordability Calculator

$2,919
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,336
Monthly Property Taxes
$584
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/23/2026$369,900 Listed Price

Map


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5612 Linwood Avenue, Cleveland, OH, 44103 is a Single Family Home for sale at $369,900 with a lot size of 0.125. 5612 Linwood Avenue is a studio with 0.0 baths and was built in 1916. The property's zip code is 44103 which is in Cleveland, OH