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About This Home

This 0-bedroom, 0-bathroom multi-family at 18809 Bella Drive in Cleveland, OH is listed for $305,000. Built in 1965, on a 0.23 acres lot.

Agent Description

Here is your chance to become a real estate investor overnight! This solid 5-unit brick apartment building in Cleveland offers strong income potential with all units currently occupied and producing reliable cash flow. Built in 1965, the property combines durable construction with modern updates, making it a stable and attractive investment.

4 units have been recently renovated, and the building includes private parking, vinyl replacement windows, and LVP flooring in the common areas and shared laundry. Major improvements include a roof reseal in 2022, a new exterior gas meter, updated electrical panels with individual metering, and a new boiler installed in 11/2023.

Each apartment has a wall-mounted AC unit, and tenants enjoy convenient on-site laundry access. The building has a mix of 1- and 2-bedroom units. Unit 1 is a 2-bedroom, 1-bath rented for $925/mo on a month-to-month lease. Unit 2 is a 1-bedroom, 1-bath leased for $735/mo through 04/30/26.

Unit 3 is a 2-bedroom, 1-bath leased for $795 per month through 03/31/26. Unit 5 is a 2-bedroom, 1-bath leased for $850/mo through 12/31/25. Unit 4, a 1-bedroom, 1-bath, is occupied and rents at $705/mo through 11/30/26. Unit 5, a 1-bedroom, 1-bath, is occupied and rents at $$893/mo on a month to month lease.

Located in a convenient area of Cleveland near local amenities, public transit, and major commuter routes, this property offers strong tenant appeal and steady rental demand. With 5 stable tenants, individually metered utilities, and recent upgrades, the building provides immediate income with minimal maintenance.

Professional management is in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, and tenant communication. Plus rehab and construction services are available for remote investors! This is a rare opportunity to acquire a performing, low-maintenance asset in a desirable Cleveland neighborhood! No wholesalers. No Seller financing. No low ball offers.

Key Features

  • Built in 1965
  • 0.23 acre lot
  • 3 stories

Property Details

3 stories
1965

Amenities

A/C

Monthly Cost Estimate

$1,631/mo

20% down · 6.5% · 30 years

Principal$221
Interest$1,322
Insurance$89

Estimates only. Actual payments may vary.

Location

18809 Bella Drive

Cleveland, OH 44119

Kazens Bella Drive Sub #1

Property Details

Parking

Parking LotOff Street

Heating

SteamHot Water(Heating)

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 18809 Bella Drive is listed at $305,000. The estimated monthly payment is $1,322 based on 20% down at 6.5% interest.

Key features include: Built in 1965, 0.23 acre lot, 3 stories.

This property is listed by Michael Azzam and can be reached at 2164467606 or mike@theazzamgroup.com.

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MA

Michael Azzam

Agent at RE/MAX Haven Realty

(216) 446-7606

Listed by RE/MAX Haven Realty

MLS# 5165378· Source: listhub· Updated 175 days ago

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18809 Bella Drive, Cleveland, OH 44119

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