Map of Property

Low-Rise/Garden Apartment Building for Sale--Investment

For Sale

18911 Bella Drive, Cleveland, OH 44119

This Cleveland property for sale is located at 18911 Bella Drive. The current listed sale price for Low-Rise/Garden Apartment Building for Sale--Investment is $1,025,000. Low-Rise/Garden Apartment Building for Sale--Investment is situated on a lot that is 0.36 acre in size.

Contacts

Rick Osborne Jr.

The Osborne Group - KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 12,000 SF
  • Lot Size 0.36 Acre
  • # of Floors 3
  • Property Tenancy Multi-Tenant
  • Year Built 1962
  • Year Renovated 2025
  • Date Updated May 28, 2026

18911 Bella Drive presents a mostly renovated 12-unit multifamily asset with significant capital improvements already completed. Ownership has renovated 8 of 12 units over the past two years, achieving strong rent growth while maintaining stable occupancy. The property has undergone full lead abatement and holds a 20-year lead-free certification, significantly reducing regulatory risk. Additional recent capital improvements include a new roof, updated entry doors, renovated laundry rooms, and upgraded mechanical systems. This offering represents a rare opportunity to acquire a largely de-risked, near-stabilized asset with in-place income and remaining upside by increasing rents to market, maximizing an 8% CAP

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  • 45/100

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Location

  • City Cleveland, OH
  • Zip Code 44119
  • Market Cleveland Akron

Points of Interest

  • Stokes-Windermere Station

    4.05 miles

  • Superior

    4.66 miles

  • Coventry

    7.06 miles

  • Buckeye–Woodhill

    7.78 miles

  • Warrensville–Van Aken

    8.00 miles

  • East 79th

    8.30 miles

  • East 55th

    8.87 miles

  • South Harbor

    8.88 miles

  • East 9th–North Coast

    9.23 miles

  • Cleveland Amtrak

    9.36 miles

  • Sunoco

    0.21 miles

  • Marathon

    0.36 miles

  • Shell

    0.40 miles

  • Speedway

    0.42 miles

  • Gas and Go

    1.66 miles

  • British Petroleum

    1.84 miles

  • Leviton

    4.49 miles

  • ChargePoint

    5.91 miles

  • Tesla Destination Charger

    5.91 miles

  • eVgo

    6.88 miles

  • Temple on the Heights Parking

    4.68 miles

  • Recreation Center parking

    4.69 miles

  • Municipal Lot 11

    4.78 miles

  • Municipal Lot 10

    5.20 miles

  • Municipal Deck 20C

    5.22 miles

  • Municipal Lot 3

    5.23 miles

  • Municipal Lot 24

    5.25 miles

  • Municipal Lot 20

    5.27 miles

  • Dave's Market Parking

    5.28 miles

  • Municipal Lot 13

    5.28 miles

  • Noble Motel

    3.09 miles

  • Town House Motel

    3.12 miles

  • Econo Lodge Wickliffe - Cleveland East

    3.36 miles

  • Fairbridge Hotel

    3.40 miles

  • Quality Inn Wickliffe

    3.40 miles

  • Mc Call's Motor Inn

    3.79 miles

  • Glidden House

    5.81 miles

  • Hyatt Place Cleveland/Lyndhurst/Legacy Village

    5.82 miles

  • Holiday Inn

    5.90 miles

  • Courtyard Cleveland University Circle

    5.92 miles

  • Save-A-Lot

    0.14 miles

  • Burlington

    2.16 miles

  • ALDI

    2.18 miles

  • Simon's Supermarket

    2.23 miles

  • Dave's Market

    2.29 miles

  • Marc's

    2.48 miles

  • TJ Maxx

    5.15 miles

  • Big Lots

    5.52 miles

  • Kohl's

    5.55 miles

  • University Square

    5.63 miles

Contact Listing Broker
Rick Osborne Jr.

The Osborne Group - KW Commercial

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