1874 Marloes Avenue
East Cleveland, OH 44112

Property Description

Welcome to The Marloes Apartments, a beautifully renovated 24-unit multifamily investment gem located at 1874 Marloes Ave, East Cleveland, OH 44112. Built in 1920 and thoughtfully updated in 2014, this well-maintained, Class B low-rise property spans three stories above a full basement and offers 16,731 SF of living space on a 0.43-acre lot. Featuring one-bedroom, one-bath units averaging 750 SF each, the property boasts an impressive 100% occupancy rate. Exterior highlights include a red brick façade, composition roof, and convenient on-street parking; all contributing to its strong curb appeal. Additional Value Insight: The property was appraised at $1.25 million just two years ago, underscoring its strong investment potential. If you would like to review the full appraisal report, please send us a request and we will be happy to share that information.