Attention investors! Maximize the number of rent checks you can receive while still qualifying for 30 year residential financing with this cash flowing four unit apartment building. This investment is truly a cash cow. Email agent for rent roll & video tour along with complete investment analysis, drone footage of the roof & surrounding neighborhood as well as information on the mechanical systems of the building. Do not disturb the tenants. Professional property management available. Local & out of state investors welcome!
Multi-familyProperty Type
1943Year Built
2.51 acresLot Size
2 car garageParking
Listed by James Wise• The Holton-Wise Property Group LLC
Bought with James Wise• The Holton-Wise Property Group LLC
Please don't go direct !! Own a profitable rental in North Royalton with three apartments fully rented as well as a leased outbuilding ! Returns an eleven percent cap rate and is fully occupied !! Have your tenants pay off your mortgage ! Seller will finance with a large down payment!! Fully rented needs at least 72 hours notice for showings !
MLSNOW #3354040
Apr 18, 2013
Sold
$120,000
Sep 26, 2012
Listed
$139,900
+1
Great investment opportunity in North Royalton sitting on 2.5 acres! Both units are currently rented. Newer vinyl replacement windows throughout! Hot water tank for 1st floor-03 and 2nd floor-06. 2 car garage and barn! Needs TLC. Don't miss out!
Year
Property tax
Land + Additions
Assessment*
2025
$4,586 (−5.9%)
$23,140 + $58,980
$82,120
2024
$4,875 (+16.6%)
$23,140 + $58,980
$82,120
2023
$4,182 (+0.7%)
$14,420 + $50,230
$64,650
2022
$4,154 (−1.1%)
$14,420 + $50,230
$64,650
2021
$4,202 (+10.3%)
$14,420 + $50,230
$64,650
2020
$3,811 (+2.9%)
$12,430 + $43,300
$55,730
2019
$3,702 (−1.1%)
$12,430 + $43,300
$55,730
2018
$3,745 (+3.5%)
$12,430 + $43,300
$55,730
2017
$3,618 (+6.5%)
$12,500 + $38,920
$51,420
2016
$3,396
$12,500 + $38,920
$51,420
2015
$3,396 (−0.8%)
$12,500 + $38,920
$51,420
2014
$3,423
$12,500 + $38,920
$51,420
Tax history for 9584 Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,586 (−5.9%)
$23,140 + $58,980
$82,120
2024
$4,875 (+16.6%)
$23,140 + $58,980
$82,120
2023
$4,182 (+0.7%)
$14,420 + $50,230
$64,650
2022
$4,154 (−1.1%)
$14,420 + $50,230
$64,650
2021
$4,202 (+10.3%)
$14,420 + $50,230
$64,650
2020
$3,811 (+2.9%)
$12,430 + $43,300
$55,730
2019
$3,702 (−1.1%)
$12,430 + $43,300
$55,730
2018
$3,745 (+3.5%)
$12,430 + $43,300
$55,730
2017
$3,618 (+6.5%)
$12,500 + $38,920
$51,420
2016
$3,396
$12,500 + $38,920
$51,420
2015
$3,396 (−0.8%)
$12,500 + $38,920
$51,420
2014
$3,423
$12,500 + $38,920
$51,420
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2
Stories
2
Lot width
86 ft.
Lot depth
1 ft.
Lot size
2.51 Acres
Year renovated
1962
Sq. Ft.
1,680
Year built
1943
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
48214023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 2
Parking
Features: Paved
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
Room Information
# of Rooms (Total): 8
Has Basement
Multi Unit Information
# Of Units Total: 4
# Of Buildings: 2
Exterior
Building Information
Stories: 2
Roof Details: Asphalt, Fiberglass
Construction Details: Vinyl Siding, Wood Siding
Lot Information
Lot Size Area: 2.51
Lot Size Acres: 2.51
Financial
Tax Information
Annual Tax Amount: $3,745
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Forced Air, Gas
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,680
Stories: 2.0
Lot Size: 2.51 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1943
Year Renovated: 1962
County: Cuyahoga County
APN: 48214023
Home facts updated by county records on Aug 24, 2026
Around this home
Schools
North Royalton Middle School
Public 5-8 • Assigned • 2.0mi
8/10
North Royalton High School
Public 9-12 • Assigned • 2.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 94° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
North Royalton, OH • 44133
Average low and high temperatures (°F)
28
15
35
22
55
34
64
43
67
50
80
61
84
66
80
61
77
57
65
46
50
37
38
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 2.1 hours in December, placing it below the
U.S. average for solar exposure.
9.4 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
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