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$334,900
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Property 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-reach out to learn more!
Full Property Details
Full Property Details for 18809 Bella Dr
General
- Price: $334,900
- Taxes: $7,600 (2024)
- Status: Active
- Type: Apartment
- Source: 505
- MLS ID: 5165378
- Updated: 1/13/2026
- Added to Site: 92 day(s) ago
Parking
- Parking Features: Off Street, Parking Lot
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Kazens Bella Drive Sub #1
- Driving Directions: Off of Neff Rd, between Slovene Home and Villaview Rd
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Hot Water, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1965
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.225
- Lot Size: .225
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $7,600
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: TR-14 S/L 14 ALL 0013 WP
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 114-23-032
Listed by RE/MAX Haven Realty, Michael Azzam
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Schools
Schools serving 18809 Bella Dr
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Memorial School 410 East 152nd Street, Cleveland, OH 44110 | PK-8 | 1.7 mi |
Euclid Park Elementary School 17914 Euclid Avenue, Cleveland, OH 44112 | PK-8 | 1.9 mi |
East Clark 885 East 146th Street, Cleveland, OH 44110 | PK-8 | 2.4 mi |
Collinwood High School 15210 Saint Clair Avenue, Cleveland, OH 44110 | 9-12 | 2.4 mi |
Glenville High School 650 East 113th Street, Cleveland, OH 44108 | 9-12 | 4.2 mi |
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108 | PK-8 | 4.4 mi |
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108 | PK-8 | 4.6 mi |
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106 | PK-8 | 5.1 mi |
Willson School 1122 Ansel Rd, Cleveland, OH 44108 | PK-8 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18809 Bella Dr
Date
Details
Price
Change
Source
10/17/2025
Listed
$334,900
55.77%
MLS
6/15/2023
Sold
$215,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18809 Bella Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,600
—
$73,640
40%
2023
$7,600
38%
$52,510
—
2022
$5,499
5%
$52,510
—
2021
$5,252
2%
$52,500
6%
2020
$5,171
6%
$49,740
—
2019
$4,868
3%
$49,740
—
2018
$4,747
-27%
$49,740
-22%
2017
$6,514
—
$64,130
—
2016
$6,516
—
$64,130
—
2015
$6,532
-14%
$64,130
-15%
2014
$7,591
2%
$75,430
—
2013
$7,476
—
$75,430
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18809 Bella Dr
18809 Bella Drive, Loveland, OH 44119 (MLS# 5165378) is a Apartment property. 18809 Bella Drive is currently listed for $334,900 and was received on October 17, 2025. Want to learn more about 18809 Bella Drive? Do you have questions about finding other Apartment real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

