$299,900
( )
 $1,995 est/mo Sourced by Back At You

18809 Bella Drive,Cleveland, OH 44119

Cleveland, OH 44119

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Description

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. The 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 vacant market rent is $850/mo. Unit 3 is a 2-bedroom, 1-bath leased for $895/mo. on a month to month lease. 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. Located 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. Professional 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! This is a rare opportunity to acquire a performing, low-maintenance asset in a desirable Cleveland neighborhood! No wholesalers. No Seller financing. No low ball offers.

Details

MLS #5165378
Listing TypeFor Sale
StyleApartment
Sub-TypeResale
StatusActive
Year1965
Days On Site312
Listing Provided ByRE/MAX Haven Realty | Michael Azzam

Features

Story(s)3
Units5
Building(s)1
Acreage0.23

Parking

Parking FeaturesOff Street, Parking Lot

Taxes

Tax Annual Amount7600

Area Information

StateOH
CountyCuyahoga
CityCleveland
Zip Code44119
Community NameKazens Bella Drive Sub #1
Sourced by Back At You

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Learn More About This Property

StateOH
CountyCuyahoga
CityCleveland
Zip Code44119
Community NameKazens Bella Drive Sub #1
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $224K - $374K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
18809 Bella Drive 2/UP Property Photo 1
$850
18809 Bella Drive 2/up
Cleveland, OH 44119
18911 Bella Drive Property Photo 1
$1,025,000
18911 Bella Drive
Cleveland, OH 44119
Listing Updated: August 5, 2026 at 12:43:50 PM PDT