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2197 Murray Hill Road, Cleveland, OH 44106

$2,700,000
  • 2197 Murray Hill Road, Cleveland, OH 44106 Main Photo
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Active
MLS#5206931
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONEuclid Heights SCHOOLCleveland Municipal - 1809

Property Description

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.

2197 Murray Hill Road | MLS# 5206931

This commercial property located at 2197 Murray Hill Road, Cleveland, OH 44106 is currently listed for sale with an asking price of $2,700,000. Murray Hill Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on rstallard.mcrealestateohio.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Heating: Hot Water, Steam
Lot Size: 0.34 Acres
Roof Type: Asphalt, Fiberglass, Flat
Taxes: $60,018 / year
Year Built: 1921

Feature Descriptions

Days on Site: 7
Parcel#: 121-07-006
Parking: Detached, Garage, Parking Lot
Sewer: Public Sewer
Units: 14
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Century 21 DeAnna Realty
Agency Phone: 440-731-8070

Shown By

Agent Name: Rick Stallard
Agent Phone: (330) 723-9911
Agency Title: M.C. Real Estate

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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 05/13/2026. The listing information on this page last changed on 05/13/2026. 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 Wed 05/13/2026 1:25:59 PM EST) or MLS NOW (last updated Wed 05/13/2026 1:23:23 PM EST). Real estate listings held by brokerage firms other than M.C. Real Estate 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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