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1560 Wagar Rd

Rocky River, OH 44116

$749,900 $3,161/Mo

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Overview

Bed

Bath

0.34

Acre(Lot)

Description

Charming 4-Unit Investment Opportunity in Rocky River, Ohio Welcome to a fantastic multi-family investment in one of Northeast Ohio's most desirable suburban communities. This well maintained 4-unit apartment complex is perfectly situated near vibrant local amenities, strong schools, and easy access to major employment centers and I-90. Each of the four units offers: 2 bedrooms, 1 bathroom; spacious living areas and functional kitchens with in-unit laundry. Whether you're expanding your investment portfolio or looking for a stable cash-flow property, this 4-plex presents a solid opportunity with turnkey potential. Rocky River is a charming, affluent suburb located along the shores of Lake Erie, just west of Cleveland, known for its excellent public schools, welcoming and walkable neighborh oods and close proximity to beautiful riverfront parks, shopping, dining and cultural attractions. Beyond its current income stream, this property presents a compelling value-add or redevelopment opportunity. Preliminary concepts indicate the site may support up to 25 apartment units (approximately 20 two-bedroom units and 5 one-bedroom units).

Property Details

Property Type : Residential Income

Price : $749,900

AD Id : 78487305

MLS Id : 5209814

Beds : 8

Lot Size : 0.34 Acre

Year Built : 1956

Garage : 4

County : Cuyahoga

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 4 Full Baths: 4
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Wall Unit(s)

Building Information

Year Built: 1956 Construction Materials: Brick Stories: 2 Private Pool: No

Lot Information

Main Square Feet: 0.34 Acres Lot Size Acres: 0.34 Lot Size Source: Assessor

Listing Price Information

Listing Price: $749900

Tax Information

Parcel Number: 303-01-011 Tax Year: 2025 Annual Tax: $13168

Parking Information

Additional Parking, Asphalt, Driveway, Detached, Garage, Garage Door Opener, Off Street

Garage Information

Has Garage: Yes Garage Space: 4

Location Information

Direction: Between Westway Dr and Detroit Rd across from Rocky River High School WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
19658 Hilliard Boulevard, Rocky River, OH, 44116	$399,000	4	2	2,340	2,340 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/08/2026 @ 14:40

MLS: 5209814 LISTED BY: Lisa Mazzola, Century 21 Wilbur Realty 330-673-5883 SOURCE: MLS Now