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Commercial Real Estate for Sale at 18809 Bella Drive in Cleveland, OH for $334,900

Listing data last changed 01/13/2026 - 7:43pm
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18809 Bella Drive | Cleveland

$334,900 | 0.0 Sq. Ft.

Here is your chance to become a real estate investor overnight! This solid 5-unit brick apartment building in Cleveland offers strong income potential with all units currently occupied and producing reliable cash flow. Built in 1965, the property combines durable construction with modern updates, making it a stable and attractive investment. 4 units have been recently renovated, and the building includes private parking, vinyl replacement windows, and LVP flooring in the common areas and shared laundry. Major improvements include a roof reseal in 2022, a new exterior gas meter, updated electrical panels with individual metering, and a new boiler installed in 11/2023. Each apartment has a wall-mounted AC unit, and tenants enjoy convenient on-site laundry access.\r\n\r\nThe building has a mix of 1- and 2-bedroom units. Unit 1 is a 2-bedroom, 1-bath rented for $925/mo on a month-to-month lease. Unit 2 is a 1-bedroom, 1-bath leased for $735/mo through 04/30/26. Unit 3 is a 2-bedroom, 1-bath leased for $795 per month through 03/31/26. Unit 5 is a 2-bedroom, 1-bath leased for $850/mo through 12/31/25. Unit 4, a 1-bedroom, 1-bath, is occupied and rents at $705/mo through 11/30/26. Unit 5, a 1-bedroom, 1-bath, is occupied and rents at $$893/mo on a month to month lease.\r\n\r\n\r\nLocated in a convenient area of Cleveland near local amenities, public transit, and major commuter routes, this property offers strong tenant appeal and steady rental demand. With 5 stable tenants, individually metered utilities, and recent upgrades, the building provides immediate income with minimal maintenance.\r\n\r\nProfessional management is in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, and tenant communication. Plus rehab and construction services are available for remote investors!\r\n\r\nThis is a rare opportunity to acquire a performing, low-maintenance asset in a desirable Cleveland neighborhood\u2014reach out to learn more! MLSNow 5165378 Directions to property: Off of Neff Rd, between Slovene Home and Villaview Rd

MLS Listing ID: 
MLSNow 5165378
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$334,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
18809 Bella Drive, Cleveland, OH 44119
County: 
Cuyahoga
Latitude: 
41.5811720
Longitude: 
-81.5471520
Directions: 
Off of Neff Rd, between Slovene Home and Villaview Rd
Public Remarks: 
Here is your chance to become a real estate investor overnight! This solid 5-unit brick apartment building in Cleveland offers strong income potential with all units currently occupied and producing reliable cash flow. Built in 1965, the property combines durable construction with modern updates, making it a stable and attractive investment. 4 units have been recently renovated, and the building includes private parking, vinyl replacement windows, and LVP flooring in the common areas and shared laundry. Major improvements include a roof reseal in 2022, a new exterior gas meter, updated electrical panels with individual metering, and a new boiler installed in 11/2023. Each apartment has a wall-mounted AC unit, and tenants enjoy convenient on-site laundry access.\r\n\r\nThe building has a mix of 1- and 2-bedroom units. Unit 1 is a 2-bedroom, 1-bath rented for $925/mo on a month-to-month lease. Unit 2 is a 1-bedroom, 1-bath leased for $735/mo through 04/30/26. Unit 3 is a 2-bedroom, 1-bath leased for $795 per month through 03/31/26. Unit 5 is a 2-bedroom, 1-bath leased for $850/mo through 12/31/25. Unit 4, a 1-bedroom, 1-bath, is occupied and rents at $705/mo through 11/30/26. Unit 5, a 1-bedroom, 1-bath, is occupied and rents at $$893/mo on a month to month lease.\r\n\r\n\r\nLocated in a convenient area of Cleveland near local amenities, public transit, and major commuter routes, this property offers strong tenant appeal and steady rental demand. With 5 stable tenants, individually metered utilities, and recent upgrades, the building provides immediate income with minimal maintenance.\r\n\r\nProfessional management is in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, and tenant communication. Plus rehab and construction services are available for remote investors!\r\n\r\nThis is a rare opportunity to acquire a performing, low-maintenance asset in a desirable Cleveland neighborhood\u2014reach out to learn more!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Kazens Bella Drive Sub #1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1965
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: 
Hot Water,Steam
Cooling System: 
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: 
0.23
Lot Size (Area): 
0.23
Lot Features
Parking Type: 
Off Street,Parking Lot
Public Record
Parcel Number: 
114-23-032
Annual Tax: 
$7,600.00
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 Office Name: 
RE/MAX Haven Realty

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