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$369,900 Just Listed
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Property Description
Completed updated, turnkey all brick apartment building with 7 apartments. This is the ideal multifamily investment well positioned close to Cleveland Clinic, Case Western Reserve and University Circle - one of the hottest investment markets in Cleveland, Ohio. Each unit features large 2 bedrooms and 1 bath units. Each apartment offers separate gas and electric meters - VERY RARE! 6 in unit furnaces, 6 A/C units, 6 H20 tanks, 7 gas meters and 7 electric panels allowing the tenants to pay for their utilities. On street parking and shared driveway. All units equipped with refrigerators and stoves. Over $250,000 invested into the building by prior ownership. Extensive list of capital improvements including: vinyl windows (2005), electric panels, H2O tanks (2019-2024), kitchens and baths all have tile flooring, tile showers, oaks cabinets, glass block windows in basement, electrical service to property, updated units, updated common areas and more! Coin operated laundry for additional income. Positioned along the Cleveland Clinic Corridor close to Case Western Reserve University (2.2 miles away). Downtown Cleveland (3.2 miles away). Close to shopping including Daves Supermarket (0.8 miles away). Highly desirable area for increased rent growth and development in the surrounding area. Great cash flow and easy to maintain. Huge opportunity to bring the 7th apartment back online in the basement. Currently not being utilized and will require renovation. Reach out today for a copy of the Offering Memorandum and to schedule a tour!
Full Property Details
Full Property Details for 5612 Linwood Ave
General
- Price: $369,900
- Taxes: $7,005 (2025)
- Status: Active
- Type: Apartment
- Source: 505
- MLS ID: 5221522
- Updated: 6/23/2026
- Added to Site: 3 day(s) ago
Rooms
Other Rooms
- Laundry: Coin-operated
Additional Information
- Shared Amenities: Bike Storage
- Security/Safety: Fire Escape
Parking
- Total Spaces: 2
- Parking Features: Shared Driveway, On Street
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Midway N C Waters
- Driving Directions: E55 to Linwood
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Basement: Yes
- Basement Desc.: Apartment, Common Basement, Full, Unfinished, Walk-Out Access
- Roof: Flat, Membrane, Rubber
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family, Residential, Single Family
- Year Built: 1916
- Year Built Source: Assessor
- Other Struct. Feat.: Bike Storage, Private Restrooms, Reception Area
Lot Features
- Lot Size (Acres): 0.125
- Lot Size: .125
- Lot Size Source: Assessor
- Zoning: Commercial
- Fencing (Description): Partial
Financial Considerations
- Operating Expenses: $18,050
- Tax Amount: $7,005
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 104-18-038
Listed by Century 21 Homestar, Anthony D Takacs
Get Pre-Approved Today
Schools
Schools serving 5612 Linwood Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
George Washington Carver 2200 East 55th Street, Cleveland, OH 44103 | PK-8 | 0.9 mi |
Wade Park 7600 Wade Park Avenue, Cleveland, OH 44103 | PK-8 | 0.9 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 1.1 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 8.6 mi |
Design Lab @ Jane Addams 1740 East 32nd Street, Cleveland, OH 44114 | 9-12 | 0.9 mi |
Campus International High School 3100 Chester Avenue, Cleveland, OH 44114 | 9-12 | 1 mi |
Jane Addams Business Careers High School 2373 East 30th Street, Cleveland, OH 44115 | 9-12 | 1.4 mi |
East Technical High School 2439 East 55th Street, Cleveland, OH 44104 | 9-12 | 1.3 mi |
Marion-Sterling Elementary School 3033 Central Avenue, Cleveland, OH 44115 | PK-8 | 1.3 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 5612 Linwood Ave
Date
Details
Price
Change
Source
6/23/2026
Listed
$369,900
—
MLS
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 5612 Linwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$94
—
$910
-30%
2023
$94
-31%
$1,300
—
2022
$136
5%
$1,300
—
2021
$130
-4%
$1,300
—
2020
$135
6%
$1,300
—
2019
$127
2%
$1,300
—
2018
$124
-1%
$1,300
6%
2017
$125
—
$1,230
—
2016
$125
—
$1,230
—
2015
$125
-5%
$1,230
-5%
2014
$131
2%
$1,300
—
2013
$129
—
$1,300
—
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 5612 Linwood Ave
5612 Linwood Avenue, Loveland, OH 44103 (MLS# 5221522) is a Apartment property. 5612 Linwood Avenue is currently listed for $369,900 and was received on June 23, 2026. Want to learn more about 5612 Linwood Avenue? 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.

