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4316 Pearl Rd
Cleveland, OH 44109 Old Brooklyn

$875,000 USD

Apartments For Sale  •  18,224 SF

Property Details

• Property Type Apartments
• Total Building Size 18,224 SF
• Lot Size 0.22 AC
• Building Class C
• Year Built 1912
• Cap Rate 9.77 %
• Zoning Residential

30 Transit Score

50 Walk Score

Highlights

Well Maintained 16 unit building

Close Proximity to I-480, the property sits minutes from MetroHealth's main campus and downtown Cleveland

All units have separate Utlities

Financial Summary (Actual)

Net Operating Income: $85,502 USD (2025)

Cap Rate:	9.77 %
Total Expenses:	$62,014 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Optical Options
Society For Distributing Hebrew Scriptures

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid))	18 min	-	6.9 mi
	15 min	-	7.4 mi
Airport	Drive	Walk	Distance
Cleveland-Hopkins International	19 min	-	8.8 mi