Windward Place Apartments

18051 Lakeshore Boulevard, Cleveland, OH 44119

Property Information

  • For Sale $1,100,000
  • Property Type Multi-Family
  • Property Size 17,727 SF
  • Units 21
  • Lot Size 0.36 Acre
  • Parking Spaces Avail. 21
  • Year Built 1962
  • Date Updated Jun 22, 2026

Description

Windward Place sits in the North Collinwood neighborhood along the Lake Erie shoreline — a location offering a mix of lake-front charm, access to urban amenities, and a strong sense of community. Economic & Employment Context — Access to Mid-Size & Large Area Employers • The broader Cleveland metropolitan area remains anchored by major employers in healthcare, manufacturing, finance, and services — including Cleveland Clinic, University Hospitals, MetroHealth System, and several large legacy companies headquartered in the region, including Lincoln Electric, Progressive Insurance and Lubrizol. • 18051 Lakeshore Blvd offers relatively feasible commuting to major employment centers across Greater Cleveland — attractive for those working in healthcare, corporate, or services sectors. • The locale also benefits from the presence of smaller local employers and businesses servicing the lakeshore neighborhood, contributing to a mixed economic base. Amenities, Recreation & Lake-Front / Park Access Lake Erie & Waterfront Recreation • Located in the “North Shores Collinwood” area, the only east-side area in Cleveland with houses and residences right up to the lake. • Residents benefit from immediate access to green spaces, beaches, and water-side amenities: the neighborhood offers over 33 acres of city-park land, a mix of beaches, trails, and connections to the larger trails system. • Wildwood Park and Euclid Beach Park offer public beaches, a marina, observation pier, and pavilion provide strong recreational appeal nearby Transportation & Connectivity • Public transit is available: 18051 Lakeshore Blvd while not dense urban-core levels, there are nearby bus routes serving Lakeshore Blvd and the East 105/Lakeshore corridor. • For drivers, commuting remains very practical thanks to relatively direct access to major east-west and north-south corridors leading toward downtown Cleveland and suburban employment hubs.Windward Place Apartments consists of 21 one-bedroom, one-bathroom units located one block from Lake Eris on Cleveland’s Lakeshore Boulevard. This well-maintained property offers investors a chance to own in a convenient and popular submarket. With average rent currently at $733 per month—over 10% below market rates—a new owner can start generating cash flow immediately, with strong potential to boost income by aligning rents with the market.

Highlights

  • 20 Year Lead Free Certification
  • Current Rents 10% Below Market
  • Desirable Location - One block from Lake Erie
  • Direct access to public transportation
  • Garage parking
  • Gas is Sub-Metered by Guardian and Billed Back to Tenants
  • Individual furnaces and a/c units
  • Tenants pay Electric

Contacts

Location

Located at 18051 Lakeshore Boulevard, Cleveland, OH 44119, this property is part of the North Collinwood neighborhood and Cleveland Akron market.

Contact Listing Broker
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