4309 Virginia DR Fairview Park, OH 44126
UPDATED:
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Subdivision Virdr Sub
MLS Listing ID 5207243
HOA Y/N No
Year Built 1968
Annual Tax Amount $19,540
Tax Year 2025
Lot Size 0.379 Acres
Acres 0.379
Property Sub-Type Apartment
Property Description
Each unit offers a spacious 2-bedroom, 1.5-bath layout, including a primary bedroom with its own half bath—an uncommon and highly desirable feature in multifamily properties. All units are in great condition, with some recently remodeled, and the building has been well maintained, making it a turnkey investment with minimal deferred maintenance.
The property also features a full basement with coin-operated laundry, a large storage area, and an additional bathroom with potential for future value-add (subject to buyer verification). Additional highlights include five garages for supplemental income and separate furnaces for each unit, helping reduce owner expenses.
Currently occupied by stable, quality tenants, the property offers immediate cash flow from day one, along with the opportunity for continued rent growth. This property is part of a potential package with adjacent property at 4310 Virginia Dr.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Partially Finished
Interior
Heating Forced Air
Cooling Wall Unit(s)
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Garage
Fence Back Yard
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Investment,Multi-Family,Residential,Single Family,See Remarks
Porch Patio
Total Parking Spaces 5
Garage true
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Fairview Park Csd - 1814
Others
Tax ID 323-11-078
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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