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1602 Hillcrest Road, East Cleveland, OH, 44118
Remodeled Triplex Investment

1602 Hillcrest Road East Cleveland, OH 44118

For Sale
$134,500

MULTI_FAMILY - East Cleveland, OH

Property Size4,529 SF
Lot Size0.11 Acres
Price / SF$29.70
Days on Market281

Property Features for 1602 Hillcrest Road

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Basement, Laundry Room, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 5
Parking features
Off Street, Garage
Exterior features
PrivateYard
Standard status
Active
APN
672-27-044
Size
4,529 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2126

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1919
Floors in Building
3
Building materials
Frame, WoodSiding
Roof type
Fiberglass, Asphalt
Listing Agency: Platinum Real Estate
Listed By: Daniel A Perelman · License #2005000117
Added: Oct 16, 2025 Changed: Jul 20 Last Checked: Jul 23 at 5:06PM
MLS# 5165597

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This remodeled triplex is offered fully occupied and maintained with a set of recent updates. The property includes newer breaker boxes, newer hot water tanks, and newer furnaces, along with a freshly seal-coated driveway. Each unit has separate utilities, with tenants responsible for their own electric and gas while the owner pays water and sewer.

The home is located at 1602 Hillcrest Road in East Cleveland, OH 44118, on a lot measuring 0.1148 acres. Public remarks indicate the property is expected to be City point of sale violation-free.

For investors, the separate utilities structure can simplify monthly expense tracking, with tenant-paid electric and gas and the owner covering water and sewer. With long-term tenancy noted for the second-floor unit and additional updates throughout, this triplex may appeal to buyers seeking a turn-key, income-producing residential property with in-place occupancy at the time of sale. Please review lease and utility responsibility details with the seller or listing broker to confirm current rent and operating terms.

Key Highlights

  • Occupied triplex on the Cleveland Heights border with separate utilities (tenants pay electric and gas).
  • Owner pays water and sewer; public water and public sewer service.
  • Updates listed include newer breaker boxes, newer H2O tanks, and newer furnaces.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Real Estate Agency Butcher HVAC Service (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Fully occupied remodeled triplex with separate utilities, offering steady income potential for a residential investor.
Where is this triplex located?
The property is located at 1602 Hillcrest Road East Cleveland, OH.
What is the asking price?
The asking price for this property is $134,500.
What are key features of this property?
This property features: Occupied triplex on the Cleveland Heights border with separate utilities (tenants pay electric and gas).; Owner pays water and sewer; public water and public sewer service.; Updates listed include newer breaker boxes, newer H2O tanks, and newer furnaces.
More about this property
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