Vision Sales Team

16601 Hilliard Road

Lakewood , OH 44107

MLS#: 5115370

$444,900

Status: Active
Listing number: 5115370
Listing provided by: Russell Real Estate Services
Listing agent phone: None
Last update: 7 days ago
Browse Properties
S H Kleinman Realty Cos Traym - Residential Income

Property

Beds

5

Full Baths

3

1/2 Baths

None

Year Built

1925

Sq.Footage

2,544

Incredible investment opportunity in the heart of Lakewood—one of Cleveland’s most sought-after neighborhoods! This beautifully maintained triplex currently generates $2,365 per month, with one vacant unit that could bring in an additional $1,465/month. The property features three spacious, sub-metered units—perfect for savvy investors or owner-occupants looking to house hack and offset their mortgage. The vacant first-floor unit is a 1,044 sq. ft. 2-bed, 1-bath. The second-floor unit, also 1,044 sq. ft. with 2 beds and 1 bath, is rented for $1,465/month. The third-floor unit is a charming 596 sq. ft. 1-bed, 1-bath leased at $900/month through August 31, 2025. Each unit boasts stunning hardwood floors, fully renovated kitchens with stone countertops and brand-new cabinetry, and fresh, modern paint throughout. Recent upgrades enhance both style and efficiency, making this property truly turnkey. Enjoy the convenience of a detached 2-car garage and the charm of a vibrant, walkable community just minutes from dining, shopping, and downtown Cleveland.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    3

  • Above Grade Finished Area

    2544.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Forced Air

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Aluminum Siding, Vinyl Siding

  • Parking

    Detached, Garage, On Site, Paved

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.2395

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $444,900

  • Tax Amount

    7460.0

  • Sq. Footage

    2, 544

  • Price/SqFt

    $174

HOA

  • Association

    No

School District

  • Elementary School

    Lakewood CSD (Cuyahoga)- 1817

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Lakewood CSD (Cuyahoga)- 1817

Middle School

High School

Listing Courtesy of Tal Tamir , Russell Real Estate Services

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Incredible investment opportunity in the heart of Lakewood—one of Cleveland’s most sought-after neighborhoods! This beautifully maintained triplex currently generates $2,365 per month, with one vacant unit that could bring in an additional $1,465/month. The property features three spacious, sub-metered units—perfect for savvy investors or owner-occupants looking to house hack and offset their mortgage. The vacant first-floor unit is a 1,044 sq. ft. 2-bed, 1-bath. The second-floor unit, also 1,044 sq. ft. with 2 beds and 1 bath, is rented for $1,465/month. The third-floor unit is a charming 596 sq. ft. 1-bed, 1-bath leased at $900/month through August 31, 2025. Each unit boasts stunning hardwood floors, fully renovated kitchens with stone countertops and brand-new cabinetry, and fresh, modern paint throughout. Recent upgrades enhance both style and efficiency, making this property truly turnkey. Enjoy the convenience of a detached 2-car garage and the charm of a vibrant, walkable community just minutes from dining, shopping, and downtown Cleveland.

16601 Hilliard Road

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