Map of Property

The Monroe Apartments

For Sale

1862 East 123rd Street, Cleveland, OH 44106

This Cleveland property for sale is located at 1862 East 123rd Street. The general use of The Monroe Apartments is multi-family and it incorporates 80,377 square feet of class B multi-family space. Contact the listing broker for details on the current sale price for The Monroe Apartments. The Monroe Apartments is situated on a lot that is 1.56 acre in size.

Contacts

David Leb

Cushman & Wakefield | CRESCO Real Estate

Max Ferguson

Cushman & Wakefield | CRESCO Real Estate

Brad Nosan

Cushman & Wakefield | CRESCO Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 80,377 SF
  • Units 80
  • Lot Size 1.56 Acre
  • Parking Spaces Avail. 80
  • Parking Ratio 1.00 / 1,000 SF
  • Building Class B
  • Year Built 2022
  • Date Updated Sep 21, 2026

Cushman & Wakefield | CRESCO Real Estate is pleased to present this Offering Memorandum for The Monroe, a 80-unit multifamily property located at 1862 East 123rd Street in Cleveland, Ohio. Situated in the heart of University Circle—Cleveland’s most vibrant and rapidly developing neighborhood—the property benefits from proximity to three of the region’s most powerful economic engines: the Cleveland Clinic Main Campus, University Hospitals, and Case Western Reserve University. These institutions not only anchor the area but also drive consistent, year-round rental demand from medical professionals, graduate students, and university staff. The Monroe offers a diverse unit mix featuring high-end finishes like granite countertops, stainless steel appliances, and in-unit laundry. As a newly constructed, turnkey asset, the property is positioned to capture premium demand in a high-barrier market. Its strategic location and institutional quality provide a clear path toward continued growth and operational stabilization.

  

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 78/100

    Walk Score ®

  • 55/100

    Transit Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Cleveland, OH
  • Neighborhood University
  • Zip Code 44106
  • Market Cleveland Akron

Points of Interest

  • Superior

    0.85 miles

  • Stokes-Windermere Station

    1.46 miles

  • Coventry

    2.12 miles

  • Buckeye–Woodhill

    2.28 miles

  • East 79th

    2.82 miles

  • East 55th

    3.53 miles

  • Warrensville–Van Aken

    4.48 miles

  • South Harbor

    4.65 miles

  • East 9th–North Coast

    4.95 miles

  • Cleveland Amtrak

    5.08 miles

  • Gas USA

    0.12 miles

  • Sunoco

    0.81 miles

  • Shell

    0.86 miles

  • Marathon

    0.95 miles

  • BP

    0.98 miles

  • Fuel Point

    1.88 miles

  • Ohio Gas

    1.98 miles

  • South-East Harley Davidson

    7.78 miles

  • ChargePoint

    8.11 miles

  • Tesla Destination Charger

    8.12 miles

  • CDC East Parking

    0.19 miles

  • Lot S-46 - NRV Parking Garage

    0.22 miles

  • Uptown Garage

    0.27 miles

  • SP+

    0.28 miles

  • Lot 52A

    0.38 miles

  • Uptown West Garage

    0.38 miles

  • Lot 79

    0.41 miles

  • Lot 06

    0.41 miles

  • UH Employee Parking Garage and Courtyard Guests

    0.43 miles

  • Lot 52B

    0.43 miles

  • Courtyard Cleveland University Circle

    0.44 miles

  • Glidden House

    0.48 miles

  • Residence Inn

    1.05 miles

  • Tudor Arms Hotel

    1.08 miles

  • InterContinental Hotel Cleveland

    1.29 miles

  • InterContinental Suites Hotel Cleveland

    1.51 miles

  • Holiday Inn Cleveland Clinic

    1.57 miles

  • Mc Call's Motor Inn

    1.73 miles

  • Star's Compound

    1.91 miles

  • The Lancer

    2.00 miles

  • Plum Market

    0.30 miles

  • Save-A-Lot

    0.88 miles

  • Sav-Mor Family Foods

    0.99 miles

  • Marc's

    1.00 miles

  • Meijer

    1.28 miles

  • Dave's Market and eatery

    1.73 miles

  • Simon's

    1.83 miles

  • Sav-Mor Bi-Rite

    2.04 miles

  • Dave's Supermarket

    2.04 miles

  • Burlington

    3.05 miles

Contact The Monroe Apartments
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.