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$250,000
2 Days On Site

1780 E 89th Street
Cleveland, OH 44106

For Sale|Apartment|Active
0
Beds
0
Total Baths
1920
Built
Subdivision:
James W Stewarts Sub
County:
Cuyahoga
Call Now: 440-617-2500
Is this the listing for you? We can help make it yours.
440-617-2500
1780 E 89th Street1780 E 89th Street1780 E 89th Street1780 E 89th Street
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Introducing an exceptional value-add opportunity in Cleveland’s emerging Medical Corridor. Walking distance to 2 of Cleveland's Premier Hospitals and University Circle Area. Solid brick, eight-unit building (14,540 sq ft) sits on a double lotand comes fully permit-ready for an approved 16-unit expansion—plans crafted by LDA Architects and variances already inhand. Why Investors Are Taking Notice: Shovel-Ready Upside: City-approved architectural drawings and zoning variancesmean you can break ground almost immediately. Strong Cash-Flow Potential: The stabilized 16-unit project carries arecent appraisal near $3.6 million. Attractive Incentives: Low-interest city loans, extended state historic credits andanticipated federal credits, plus a 15-year tax abatement, all bolster your return. Land Assembly: Includes the neighboring parcel, with the option to secure a third lot for additional parking. Prime Location: Convenient to downtown Cleveland, major highways, and growing retail corridors—ideal for attracting long-term tenants. Don’t miss this rare turnkey development play. Detailed financials, full plans, and incentive summaries available upon request. Serious inquiries only—schedule your site tour today.

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Listing Snapshot
Price 
$250,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3407 Acres
Year Built 
1920
MLS® Number 
5176655
Status 
Active
Property Tax 
$6,390
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.3407
Additional Property Use 
InvestmentMulti-FamilyResidentialSingle Family
Building Features 
PrivateRestrooms
Parking 
Additional Parking
Property Condition 
Fixer
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Basement 
ApartmentFullUnfinishedWalk-Up AccessWalk-Out Access
Heating 
Other
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Exterior Features
Roof 
Asphalt
Community Features
School District 
East Cleveland CSD - 1812
Township 
Cleveland
Schools
School District
East Cleveland CSD - 1812
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Cielo McClain of Keller Williams Citywide



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2025 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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