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$495,000
New Listing
4016 Silsby RoadUniversity Heights, OH 44118
For Sale|Apartment|Active
0
Beds
0
Total Baths
4,608
SqFt
$107
/SqFt
1949
Built
Subdivision:
University
County:
Cuyahoga
Call Now: (216) 978-7933
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(216) 978-7933



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Five 1 bed/1 bath apartments in University Heights. Major items are done: new roof in 2026, new concrete in the rear parking lot, and new furnaces in 3 of the units in 2025. 2027 city apartment license certificate. Scheduled rent is $4,265/month. The lower-level unit is vacant and ready to lease. Rents are below market, which leaves upside. Units are separately metered. Owner pays water only. Seller financing available: 60% down, 7% interest, 20-year amortization, 3-year balloon. Buy this building on its own, or as part of a 25-unit, 4-building portfolio with 2565-69, 2657 and 2762 Noble.
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Listing Snapshot
Price
$495,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
4,608 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.3006 Acres
Year Built
1949
MLS Number
5258290
Status
Active
Property Tax
$10,560.55
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 20 hours ago | Listing first seen on site | |
| 20 hours ago | Listing updated with changes from the MLS |
General Features
Acres
0.3006
Additional Property Use
CommercialMulti-Family
Disclosures
Owner Is Listing Agent, Principal Is Real Estate Licensed
Levels
Two
Number Of Stories
2
Parking
AssignedCoveredPaved
Parking Spaces
5
Property Sub Type
Apartment
Sewer
Public Sewer
SqFt Total
4608
Water Source
Public
Interior Features
Heating
Forced Air
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Exterior Features
Roof
FlatSlate
Community Features
School District
Cleveland Hts-Univer - 1810
Township
University Heights
Financing Terms Available
CashConventional
Schools
School District
Cleveland Hts-Univer - 1810
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Kit Custer of RE/MAX Transitions
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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