- 1908
- year built
- Status:
- Active
- MLS #:
- 5240208
- Neighborhood:
- St. Clair/Superior
- County:
- Cuyahoga
- Listed By:
- Tal Tamir - Russell Real Estate Services
- Agent Phone:
- (216) 870-8687
- Agent Email:
- tal@premierclevelandinvesting.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Five-unit multifamily in Cleveland's Goodrich-Kirtland Park at $325,000, or $65,000 per door, with two units occupied and three open. Priced and underwritten as a lease-up. Two structures on one site: a brick four-unit up front with four two-bedroom, one-bath apartments, plus a separate rear house with a three-bedroom, one-bath layout. The current owner replaced the wiring and panels throughout at a cost of roughly $70,000, so the largest capital item on a building of this vintage is already retired and the open units are ready to lease/being refreshed post tenant move-out. Interiors have been fully renovated within the last couple of years, current ownership redid the exterior, and holds rental licenses on all five units. The two occupied two-bedrooms are in place at $775. PCI underwrites the two-bedrooms at $900 and the rear house at $1,350, or $59,400 a year, carrying an NOI just over $37,000 and an 11.5 percent cap on the asking price. Every unit is separately metered with its own furnace and hot water tank. Roughly two miles from downtown and within three miles of the Cleveland Clinic's main campus, in a submarket about 65 percent renter-occupied. Full rent roll, financials and lease detail are available in the Document Center. Reach out for the package and to get on the tour schedule.
Highlights
- Commercial Sale
- Apartment
- Built in 1908
- 0.12 Acre Lot
- 73 days on Market
-
- Year Built
- 1908
-
- Parking Features
- No Garage
-
- Cooling
- None
-
- Heating
- Forced Air, Natural Gas
-
- Acres
- 0.12
-
- Water
- Public
-
- County
- Cuyahoga
-
- City
- Cleveland
-
- Neighborhood
- St. Clair/Superior
-
- Zip Code
- 44103
-
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LO NMLS #: 157878
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Price History
| 08/27/2026 | Listed | $325,000 |
| Source: MLS Now #5240208 | ||
Source: MLS Data
Deed History
| 07/15/2025 | Warranty Deed | $287,500 |
| 11/05/2024 | Receiver’s Deed | $97,415 |
| 11/04/2019 | Warranty Deed | $0 |
| 03/20/2019 | Warranty Deed | $0 |
| 11/06/2014 | Warranty Deed | $99,000 |
| 03/06/2009 | Quit Claim Deed (non-arm's length) | $0 |
| 08/16/2006 | Warranty Deed | $144,000 |
| 02/28/2001 | Warranty Deed | $125,800 |
| 12/18/1995 | Deed | $58,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 03/20/2019 | Commercial | $10,000,000 |
| 11/06/2014 | Seller Carryback / Seller Financing / Seller take-back | $99,000 |
| 02/28/2001 | Commercial | $113,220 |
| 12/18/1995 | Commercial | $40,600 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
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Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $325,000. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Cleveland, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1386 E 43?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1386 E 43 at around $2,143. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 1386 E 43?
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How long has this property been on the market?
1386 E 43 was listed on August 27, 2026, which means it's been on the market for 73 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1908, making it approximately 118 years old.
What is the lot size of this property?
1386 E 43 sits on a 0.12-acre lot, which is 5,227 square feet.
What are the property taxes for 1386 E 43?
The most recent public record shows annual property taxes for 1386 E 43 were approximately $4,564. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 1386 E 43 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Now. All rights reserved.
Last Updated: November 08, 2026 at 03:21AM | Source: MLS Now | MLS#: 5240208
