Excellent opportunity to acquire a 100% occupied 12-unit apartment building on Cleveland’s West Side. Denison Manor features a balanced unit mix of six 1-bedroom and six 2-bedroom apartments, an established tenant base, and strong historical occupancy. Several residents have called the property home for years, including tenants dating back to 2016, providing an incoming owner with immediate and established rental income. Current rents range from $610–$825 per month, with total scheduled rent of $8,655 per month / $103,860 annualized. The property offers an attractive combination of stability and future upside. Existing newer leases demonstrate higher achievable rents within the building, creating an opportunity for continued rent growth as below-market leases naturally renew. Tenants are responsible for separately metered electricity, while the owner currently pays gas, water and sewer. Denison Manor has also benefited from continued building maintenance. A professional commercial boiler preventative-maintenance inspection was completed in August 2026, with the contractor reporting the burners, visible heat exchanger, flue venting, and supply/return piping in good condition. Offered at $750,000, Denison Manor presents an opportunity for investors seeking a stabilized Cleveland multifamily asset with current cash flow, long-term tenants, 100% occupancy, and identifiable rent-growth potential.

Listing courtesy of Jeremy J Rodriguez of D.A.R.E



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 2026 - Multiple Listing Service, Inc. – All Rights Reserved.