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Property Description

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
: Forced Air
: No
: Garage, Detached, On Site, Paved
2
Address Map
OH
Cuyahoga
Lakewood
Hilliard
16601
Road
44107
W82° 11' 15.5''
N41° 28' 31.9''
Property Details
Active
Russell Real Estate Services
Tal Tamir
2018001908
20489
313-12-071
: Shingle, Asphalt
: Public Sewer
: Vinyl Siding, Aluminum Siding
: Public
$7,460
29/07/2025 16:01:31
No
No
No
No

16601 Hilliard Road, Lakewood, Ohio

Residential Income For Sale

3 Bathrooms
2,544 Sqft
$444,900
Listing ID #5115370
Basic Details
Property Type : Residential Income
Property Sub Type : Triplex
Levels : Three Or More
Listing Type : For Sale
Listing ID : 5115370
Price : $444,900
Bathrooms : 3
Square Footage : 2,544 Sqft
Year Built : 1925
Lot Area : 0.24 Sqft
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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