2197 Murray Hill Road, Cleveland, OH 44106 | MLS ID 5206931

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2197 Murray Hill Road, Cleveland, OH 44106 | MLS ID 5206931 - Hardcastle Realty

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5 of 2068
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$2,700,000

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Positioned in the heart of Cleveland's historic and vibrant Little Italy on Murray Hill. This exceptional investment opportunity features a rare four-property portfolio totaling 14 residential units with 28 bedrooms, along with an operational pizza shop equipped with outdoor dining space, and a unique art gallery space, with half bath. The property is supported by 20 parking spaces, an invaluable amenity in this neighborhood. The portfolio is composed of: a mixed-use building featuring the pizza shop with five 2-bedroom residential units above; an art gallery with three 2-bedroom units; a four-unit multifamily (quadraplex); and a separate duplex. This diverse unit mix provides multiple income streams and long-term upside. Located just steps from University Circle, University Hospitals, Case Western Reserve, the property benefits from strong rental demand driven by proximity to major employment hubs, cultural institutions, and the heart of Little Italy's renowned dining and arts scene. Whether you're seeking a stabilized, income-producing asset or a value-add/development opportunity in one of Cleveland's most desirable neighborhoods, this is a rare chance to own a cornerstone portfolio in Little Italy.

Information

Address:
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2197 Murray Hill Road
Cleveland, OH 44106

Subdivision: Euclid Heights

Area/School Dist: Cleveland

MLS ID: 5206931

Status: Active

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Features

Taxes: $60,018 / year
Basement: Yes
Roof Type: Asphalt,Fiberglass,Flat
Lot Size: 0.34 Acres
Heating: Hot Water,Steam
Year Built: 1921
Water: Public
Sewer: Public Sewer
Units: 14
Parking: Detached,Garage,Parking Lot
Parcel#: 121-07-006

School Information

School District: Cleveland Municipal - 1809

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: Hardcastle Realty
  Agency Phone:

Listed By
   Century 21 DeAnna Realty
  Agency Phone: 440-731-8070

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/13/2026. The listing information on this page last changed on 06/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/13/2026 7:46:57 PM EST) or MLS NOW (last updated Sat 06/13/2026 7:43:00 PM EST). Real estate listings held by brokerage firms other than Hardcastle Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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