Back to Listings
For Sale Apartment

4203 Denison Avenue, Cleveland, OH

4203 Denison Avenue, Cleveland, OH, 44109
$700,000

Property Details

Apartment

Description

Excellent opportunity to acquire a 100% occupied 12-unit apartment building on Cleveland’s West Side. Denison Manor features a balanced unit mix of six 1-bedroom and six 2-bedroom apartments, an established tenant base, and strong historical occupancy. Several residents have called the property home for years, including tenants dating back to 2016, providing an incoming owner with immediate and established rental income. Current rents range from $610–$825 per month, with total scheduled rent of $8,655 per month / $103,860 annualized.The property offers an attractive combination of stability and future upside. Existing newer leases demonstrate higher achievable rents within the building, creating an opportunity for continued rent growth as below-market leases naturally renew. Tenants are responsible for separately metered electricity, while the owner currently pays gas, water and sewer.Denison Manor has also benefited from continued building maintenance. A professional commercial boiler preventative-maintenance inspection was completed in August 2026, with the contractor reporting the burners, visible heat exchanger, flue venting, and supply/return piping in good condition.Offered at $750,000, Denison Manor presents an opportunity for investors seeking a stabilized Cleveland multifamily asset with current cash flow, long-term tenants, 100% occupancy, and identifiable rent-growth potential.

Property Information

Address 4203 Denison Avenue
City Cleveland
State OH
Zip Code 44109
Price $700,000
Property Type Commercial Sale
Listing Type Apartment

Location

Quick Inquiry

Fill out the form below and we'll get back to you shortly.

Property Contact

I agree to be contacted by Smartland Realty via call, email, and text for real estate services.

To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Not sure what you're looking for?

Explore other listings in Cleveland or let our agents find the perfect match for you.

Browse All Listings Contact Us