5007 Clark Avenue Cleveland, OH $ 309,000
5007 Clark Avenue
$ 309,000
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5007 Clark Avenue

Cleveland, OH, 44102
$ 309,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,134

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Commercial Property for sale in Cleveland, OH

for $309,000. This building was built in 1910 on a lot size of 0.1148.

This commercial quadplex is an excellent investment opportunity! This fully occupied, income-producing mixed-use property features 2 commercial storefronts & 2 residential apartments, generating $3,600/mo in gross rental income! Both storefronts are leased to the same company, operating a barbershop & retail store, for a combined $1,100/mo. With estimated market rents of $800–$900 per storefront, investors have potential to increase future income! Each residential unit offers 2 bedrooms, 1 full bathroom, a spacious living room, functional kitchen & adjoining dining area. Both apartments have stable tenants paying $1,250/mo each, providing immediate cash flow. Extensive renovations include newer windows, updated flooring, fresh paint, appliances, new washers & dryers, newer furnaces & hot water tanks, upgraded electrical panels & service, new sewer lines & a roof approximately one year old! The basement provides additional storage & potential value-add opportunities, while the detached 2-car garage offers extra utility. A privacy fence separates tenants’ backyard spaces, plus 4 rear parking spaces provide convenient off-street parking. With dependable occupancy, multiple income streams & major improvements already completed, this property offers a compelling blend of current cash flow & future upside. Separate residential & commercial spaces offer flexibility for long-term leasing strategies, adding to this property’s investment appeal. Conveniently located on Cleveland’s West Side near I-90, I-71 & I-490, MetroHealth Main Campus, public transportation, schools, shops, parks, restaurants & everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Don’t miss the chance to expand your portfolio with this renovated, fully occupied mixed-use investment! Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

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Commercial Active

Price

$ 309,000

Property Type

Commercial

Taxes

$ 3,472

Style

Lot Size

0.1148

Year Built

1910

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5253651

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Year Built 1910
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Mixed Use
Tax Year 2025
Current Use Commercial Multi-Family
Business Type Barber/Beauty Clothing
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Subdivision Name James Hoyts
Status Active
Directions On Clark Avenue between W 52nd Street and W 50th Street
City Cleveland
Disclosures Principal is Real Estate Licensed
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Tax Annual Amount 3472
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Mixed Use
Legal Description 47 HOYT 0008 ALL
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Interior
Basement Full
Basement (Y/N) true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Parking Lot
Water Source Public
Total Parking 4
Lot Size Area 0.1148
Number of Buildings 1
Building Area Total 2785
Lot Size Acres 0.1148
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Michael Azzam

Listing Agent

Re/Max Haven Realty

Broker

mike@theazzamgroup.com

Email

Affordability Calculator

$2,424
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,134
Monthly Property Taxes
$289
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$309,000 Listed Price

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5007 Clark Avenue, Cleveland, OH, 44102 is a Commercial Property for sale at $309,000 with a lot size of 0.1148. 5007 Clark Avenue was built in 1910. The property's zip code is 44102 which is in Cleveland, OH