Vision Sales Team

2197 Murray Hill Road

Cleveland, OH 44106

MLS#: 5206931

$2,700,000

Status: Active
Listing number: 5206931
Listing provided by: Century 21 DeAnna Realty
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
Euclid Heights - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1921

Sq.Footage

0

Positioned in the heart of Cleveland’s historic and vibrant Little Italy on Murray Hill. This exceptional investment opportunity features a rare four-property portfolio totaling 14 residential units with 28 bedrooms, along with an operational pizza shop equipped with outdoor dining space, and a unique art gallery space, with half bath. The property is supported by 20 parking spaces, an invaluable amenity in this neighborhood. The portfolio is composed of: a mixed-use building featuring the pizza shop with five 2-bedroom residential units above; an art gallery with three 2-bedroom units; a four-unit multifamily (quadraplex); and a separate duplex. This diverse unit mix provides multiple income streams and long-term upside. Located just steps from University Circle, University Hospitals, Case Western Reserve, the property benefits from strong rental demand driven by proximity to major employment hubs, cultural institutions, and the heart of Little Italy’s renowned dining and arts scene. Whether you’re seeking a stabilized, income-producing asset or a value-add/development opportunity in one of Cleveland’s most desirable neighborhoods, this is a rare chance to own a cornerstone portfolio in Little Italy.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Hot Water, Steam

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Detached, Garage, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.339

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $2,700,000

  • Tax Amount

    $60,018

  • Zoning

    Commercial

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Colin Biro , Century 21 DeAnna Realty

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Agent Shelby Humpal

AGENT

Shelby Humpal

Call Shelby today to schedule a private showing.

(440) 321-8376

Shelby@VisionSalesTeam.com


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Positioned in the heart of Cleveland’s historic and vibrant Little Italy on Murray Hill. This exceptional investment opportunity features a rare four-property portfolio totaling 14 residential units with 28 bedrooms, along with an operational pizza shop equipped with outdoor dining space, and a unique art gallery space, with half bath. The property is supported by 20 parking spaces, an invaluable amenity in this neighborhood. The portfolio is composed of: a mixed-use building featuring the pizza shop with five 2-bedroom residential units above; an art gallery with three 2-bedroom units; a four-unit multifamily (quadraplex); and a separate duplex. This diverse unit mix provides multiple income streams and long-term upside. Located just steps from University Circle, University Hospitals, Case Western Reserve, the property benefits from strong rental demand driven by proximity to major employment hubs, cultural institutions, and the heart of Little Italy’s renowned dining and arts scene. Whether you’re seeking a stabilized, income-producing asset or a value-add/development opportunity in one of Cleveland’s most desirable neighborhoods, this is a rare chance to own a cornerstone portfolio in Little Italy.

2197 Murray Hill Road

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