Commercial Real Estate for Sale at 14235 W Lorain Avenue in Cleveland, OH for $2,990,000

Listing data updated July 1, 2025 - 4:44pm
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14235 W Lorain Avenue | Cleveland

$2,990,000 | 0.0 Sq. Ft.

Welcome to Garden West Apartments. This 44-unit apartment community features (3) buildings, (32) 1BA/1BA and (12) 2BR/2BA residences. (42) parking spaces, building owned laundry in each building and wall A/C per unit round out the amenities. Over twenty years of hands-on, full-time management by ownership is evident as you walk the property and examine the rent roll. Nearly 50% of the tenancy has been with the building pre-Covid, which presents a unique opportunity to acquire an asset with stable tenancy AND upside. Physically, the buildings are in excellent shape with little to no deferred maintenance required. In addition, these buildings had been Lead Certified in 2021 and good for twenty years. A true turn-key property with potential admin upside to create more value. Income \u0026 Expense Statement available upon request. MLSNow 5134517

Directions to property: SE corner of Lorain and 143rd.

MLS Listing ID: 
MLSNow 5134517
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,990,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
14235 W Lorain Avenue, Cleveland, OH 44111
County: 
Cuyahoga
Latitude: 
41.4541890
Longitude: 
-81.7930840
Directions: 
SE corner of Lorain and 143rd.
Public Remarks: 
Welcome to Garden West Apartments. This 44-unit apartment community features (3) buildings, (32) 1BA/1BA and (12) 2BR/2BA residences. (42) parking spaces, building owned laundry in each building and wall A/C per unit round out the amenities. Over twenty years of hands-on, full-time management by ownership is evident as you walk the property and examine the rent roll. Nearly 50% of the tenancy has been with the building pre-Covid, which presents a unique opportunity to acquire an asset with stable tenancy AND upside. Physically, the buildings are in excellent shape with little to no deferred maintenance required. In addition, these buildings had been Lead Certified in 2021 and good for twenty years. A true turn-key property with potential admin upside to create more value. Income \u0026 Expense Statement available upon request.
Community Information
School District: 
Cleveland Municipal - 1809
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1962
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard,Gas
Cooling System: 
Wall Unit(s),Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.9
Lot Size (Area): 
0.9
Lot Features
Parking Type: 
Assigned,Asphalt,On Site,Off Street,Parking Lot,Private
Total Parking Spaces: 
42
Public Record
Parcel Number: 
022-01-001
Annual Tax: 
$57,618.14
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Chris M Matan
Listing Office Name: 
EXP Realty, LLC.

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