5007 Clark Avenue, Cleveland, OH 44102
Local realty services provided by:ERA Real Solutions Realty
Listed by: michael azzam
Office: re/max haven realty
MLS#:5254812
Source:OH_NORMLS
Price summary
- Price:$309,000
- Price per sq. ft.:$110.95
About this home
This mixed-use building 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. 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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Home facts
- Year built:1910
- Subdivision & Development:James Hoyts
- Listing ID #:5254812
- Added:6 day(s) ago
- Updated:October 27, 2026 at 03:30 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Basement:Yes
- Basement Description:Full
- Living area:2,785 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1910
- Building area:2,785 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Brick
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$309,000
- Price per sq. ft.:$110.95
- Tax amount:$3,472 (2025)
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