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$230,000
5225028 MLS
OPPORTUNITY OVERVIEW Rare opportunity to acquire a character-rich, two-story brick building on Cleveland's St. Clair Avenue NE corridor — a near east side commercial and residential strip with proven short-term rental demand and active adaptive reuse momentum. The seller previously operated the building as a short-term rental generating approximately $4,000/month in gross Airbnb revenue, demonstrating real lodging demand on this corridor. One unit is currently rent-ready for immediate occupancy or STR re-activation; three units are in value-add condition, offering a buyer the opportunity to build equity through targeted finish work. With 6,002 SF across two floors plus a partial basement, this asset supports multiple exit strategies: continue as a short-term rental operation, convert to 4–6 long-term residential units, or reposition as a mixed-use ground-floor commercial / upper-floor residential property. INVESTMENT HIGHLIGHTS • Proven STR demand — seller-reported ~$4,000/month gross Airbnb income prior to vacancy • 1 rent-ready unit at closing — immediate partial income path, reduces day-one carry • 3 value-add units — finish work creates equity upside priced into ask • Multifamily conversion candidate — 6,002 SF supports 4–6 residential units • Brick construction — durable asset with character that commands a premium on the rental market • Walk Score 83 — walkable corridor with restaurants, retail, and transit within steps • Strong renter demographics — median age 29, 74.8% renter-occupied within 1 mile • No major structural issues — cosmetic and finish deferred maintenance only • Flexible use positioning — STR continuation, long-term residential, or mixed-use

2103 St Clair Avenue NE, Cleveland

$99,000
4 Beds 2 Baths 5224081 MLS
Welcoming 1584 E 94th St to the Market!. This spacious 4 bedroom 1.5 bath colonial is rent ready/move in ready! Previously rented for $1700 a month. The grand foyer leads to a bright living room that contains a marble mantel surrounded fireplace and carpeted floors. This adjoins the spacious dining room with classic high ceilings. Great layout and natural light in the kitchen with a bonus toilet closet added. Upstairs there are three bedrooms and a generous full bathroom. On the third floor, is a walk up attic that has been finished which features another 252 square feet of living space with a couple of closets and a half bath. Recent updates include new carpet, kitchen flooring, and electric panel. Conveniently located just minutes from Cleveland Clinic, University Circle, and convenient downtown access. Schedule you private tour today!

1584 E 94th Street, Cleveland

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