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1602 Hillcrest Road East Cleveland, OH 44118

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For Sale
$149,900

MULTI_FAMILY - East Cleveland, OH

Property size:
4,529 SF
Lot size:
0.11 Acres
Added:
Oct 16, 2025
Days on Market:
169
Last Refresh:
Apr 2 at 1:06 am

Property Features for 1602 Hillcrest Road

General Information

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

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
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
Asphalt, Fiberglass

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Listing Contact
Daniel A Perelman

Listing agent Daniel A Perelman License #2005000117

Listing office Platinum Real Estate 7200 Center Street, Willoughby, OH

Listing date Oct 16, 2025

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.


Overview

Remodeled Triplex Near Cleveland Heights

This is an opportunity to acquire a fully occupied, remodeled triplex located on the border of Cleveland Heights. The property features several updates, including newer breaker boxes, newer hot water tanks, and newer furnaces. The driveway has been freshly seal-coated. Each unit has separate utilities, with tenants responsible for their own electric and gas, while the owner covers water and sewer expenses. The property is intended to be city point of sale violation-free. The lot size is 0.1148 acres and the property size is 4529 square feet. One of the tenants on the second floor has been residing there for 10 years, suggesting potential for rent increases.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Map

City
East Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.5563
Latitude
41.502

FAQs

What type of property is this?
Triplex - Fully occupied, remodeled triplex with separate utilities and updates.
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 $149,900.
What are key features of this property?
This property features: Over 11% cap rate at current rent with room to grow.; Fully occupied, remodeled triplex.; All separate utilities; tenants pay electric and gas.
More about this property
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