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0 Baths
4,608 sqft

$495,000

4016 Silsby Road, University Heights OH, 44118

Price per sqft$107.42
Built in1949
Property size4,608 sqft
Property typeCommercial

Overview

Active

Listed Nov 4, 2026

Updated 7h ago

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.

Other Property Details

Taxes
$10,561
Tax Frequency
Annually
Municipality
University Heights

Courtesy of RE/MAX Transitions

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