1560 Wagar Road

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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 neighborhoods 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).
  1. Listed by Lisa A Mazzola • Century 21 Wilbur Realty
    P: (216)-323-7071 C: (216)-323-7071 lmazzolac21@gmail.com

Property Details for 1560 Wagar Road

Has Waterfront
No
LISTING UPDATED: 06/11/2026 11:52 AM

Property Details for 1560 Wagar Road

StatusContingent
MLS #5209814
Days on Market30
Taxes$13,168 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1956
Lot Size0.34 AC / 14,810 SF
CountyCuyahoga County

Location

Listing Courtesy of Century 21 Wilbur Realty
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Building Information for 1560 Wagar Road

Stories2Residences-Year Built1956Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$4,834 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,737

Property Taxes

$1,097

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1560 Wagar Road

Summary
Location and General Information
  • Directions: Between Westway Dr and Detroit Rd across from Rocky River High School
  • Latitude: 41.4729
  • Longitude: -81.85285
  • Township: Rocky River
Taxes and HOA
  • Parcel Number: 303-01-011
  • Tax Annual Amount: $13,168.00
  • Tax Year: 2025
School Information
  • Elementary School District: Rocky River CSD - 1826
  • High School District: Rocky River CSD - 1826
  • Middle or Junior School District: Rocky River CSD - 1826
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Additional Parking, Asphalt, Driveway, Detached, Garage, Garage Door Opener, Off Street
Property
Lot Information
  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Property Condition: Updated Remodeled
  • Year Built: 1956
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Brick
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: No
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 4
  • Total Bedrooms: 8
  • Cooling: Wall Units
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Main Level Bathrooms: 0
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 2
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 2
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 4
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom

Property History for 1560 Wagar Road

DateEvent & SourcePriceAppreciation
Jun 10, 2026

Contract Out

MLS Now #5209814

May 12, 2026

Listed (Active)

MLS Now #5209814

$749,900
Nov 8, 2023

Sold

MLS Now #4493516

$635,000
DateEvent & SourcePrice
06/10/2026

Contract Out

MLS Now #5209814

05/12/2026

Listed (Active)

MLS Now #5209814

$749,900
11/08/2023

Sold

MLS Now #4493516

$635,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1560 Wagar Road

Taxable ValueLand$43,470Additions$93,840Total$137,310
Tax Record2025$13,145 ($1,095 / month)
Home Facts
Baths4Total Finished SqFt4,402 SqFtAbove Grade Finished SqFt4,402 SqFtStories2Lot Size29,225 SqFtStyleMulti-Family Res (5+ Units)Year Built1956Year Renovated1995ZoningMF-R4CountyCUYAHOGAAPN303-01-011

Schools near 1560 Wagar Road

This home is within Rocky River City School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Goldwood Primary Elementary School
PublicK to 2

Kensington Intermediate Elementary School
Public3 to 5

Rocky River Middle School
Public6 to 8

Rocky River High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Century 21 Wilbur Realty

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