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$299,900 Just Listed
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Property Description
Mixed-use investment opportunity in Cleveland featuring a 984-square-foot retail storefront plus two updated 2-bedroom apartments with 1,684 total residential square feet. The storefront remains occupied by an active business at $1,475 per month with a lease through 09/30/2027, providing $17,700 in current annual income. Both residential units are vacant and actively marketed for rent at $900 and $925 per month, creating potential total gross income of $39,600 annually once fully leased. The 2,668-square-foot, two-story building includes a basement beneath the storefront with a private restroom, storage and utilities. Additional features include baseboard and forced-air heat, wall-unit cooling, public water and sewer, and on-street parking. Convenient urban location with public transportation and easy access to downtown, Ohio City, Tremont, University Circle and major commuter routes. A compelling opportunity for an investor seeking current commercial income with residential lease-up potential.
Full Property Details
Full Property Details for 5011 Clark Ave
General
- Price: $299,900
- Taxes: $3,821 (2023)
- Status: Active
- Type: Retail
- Source: 505
- MLS ID: 5242954
- Updated: 9/14/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Mixed, Retail
Parking
- Parking Features: On Street
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Clark Fulton
- Driving Directions: Property is located at 5011 Clark Avenue near West 50th Street. From I-90, travel south toward Clark Avenue, then proceed to 5011 Clark Avenue. Use GPS for the most direct route.
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 Unit(s)
- Heating Type: Baseboard, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Basement: Yes
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family, Mixed Use, Residential, Retail, Single Family
- Year Built: 1890
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
- Other Struct. Feat.: Private Restrooms
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size: .1148
- Lot Size Source: Assessor
- Zoning: Commercial
- Fencing (Description): Chain Link, Privacy
Financial Considerations
- Tax Amount: $3,821
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 47 HOYT 0009 ALL
- Property ID: 016-11-047
Listed by B2B Realty, Ryan Walsh
Get Pre-Approved Today
Schools
Schools serving 5011 Clark Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Clark School 5550 Clark Avenue, Cleveland, OH 44102 | PK-8 | 0.1 mi |
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102 | 9-12 | 0.4 mi |
Orchard School 4200 Bailey Avenue, Cleveland, OH 44113 | PK-8 | 0.7 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 4 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 1 mi |
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144 | 9-12 | 2.7 mi |
Davis Aerospace & Maritime High School 1440 Lakeside Avenue East, Cleveland, OH 44114 | 9-12 | 3.2 mi |
Walton School 3409 Walton Avenue, Cleveland, OH 44113 | PK-8 | 0.8 mi |
Waverly Elementary School 1805 West 57th Street, Cleveland, OH 44102 | PK-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5011 Clark Ave
Date
Details
Price
Change
Source
9/14/2026
Listed
$299,900
48.47%
MLS
11/27/2024
Sold
$202,000
—
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 5011 Clark Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,276
—
$41,265
—
2024
$4,259
—
$41,270
8%
2023
$4,259
12%
$38,260
—
2022
$3,816
—
$38,260
—
2021
$3,827
233%
$38,260
246%
2020
$1,150
6%
$11,060
—
2019
$1,082
2%
$11,060
—
2018
$1,056
-5%
$11,060
1%
2017
$1,116
—
$10,990
—
2016
$1,117
—
$10,990
—
2015
$1,119
-11%
$10,990
-12%
2014
$1,258
2%
$12,500
—
2013
$1,239
—
$12,500
—
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 5011 Clark Ave
5011 Clark Avenue, Loveland, OH 44102 (MLS# 5242954) is a Retail property. 5011 Clark Avenue is currently listed for $299,900 and was received on September 14, 2026. Want to learn more about 5011 Clark Avenue? Do you have questions about finding other Retail real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

