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    2248 Rexwood Rd Cleveland Heights, OH 44118

    Pending
    For Sale
    $299,900

    MULTI_FAMILY - Cleveland Heights, OH

    Property size:
    2,971 SF
    Lot size:
    0.12 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 7 at 10:06 pm

    Property Features for 2248 Rexwood Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 2, Bathroom 3, Bedroom 3, Basement, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 2
    Bedrooms
    5
    Bathrooms
    3
    APN
    686-09-025
    Parking features
    Driveway
    Size
    2,971 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1916
    Floors in Building
    3
    Building materials
    WoodSiding
    Roof type
    Asphalt, Fiberglass

    JAMM Real Estate Co. (440) 838-1111 [email protected]

    Listing agent Michael L Anter (216) 409-2888 License #2013004435

    Listing date Nov 20, 2025

    MLS# 5151523 Listing URL

    Copyright © 2025 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

    Cleveland Heights Triplex For Sale

    Located in Cleveland Heights, this well-maintained triplex at 2448 Rexwood Road offers an investment opportunity. The property features 2,971 square feet of living space and includes five bedrooms and three bathrooms across three units. Two units offer two bedrooms, one bathroom, a dining room, a kitchen, and a living room. The third unit includes one bedroom, a bathroom, a kitchen, and a flex space. Original features include built-ins, crown molding, hardwood floors, and fireplaces. The first and second floors have identical layouts with open-concept kitchens. The property includes welcoming front porches, a three-car garage, updated electrical, and a newer roof. The unfinished basement includes a laundry area with washer and dryer hookups. The property is fully occupied and under professional property management. Situated on a 0.1221-acre lot, the location provides convenient access to Downtown Cleveland, hospitals, museums, restaurants, shopping, and the Cedar Lee District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.569235
    Latitude
    41.498365

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    FAQs

    What type of property is this?
    Triplex - Well-maintained, fully occupied triplex in desirable Cleveland Heights location.
    Where is this triplex located?
    The property is located at 2248 Rexwood Rd Cleveland Heights, OH.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Well-maintained triplex in desirable Cleveland Heights, offering immediate rental income and professional property management.; - Spacious units with over 2,800 sq ft of living space, including two 2-bedroom units and one 1-bedroom unit.; - Features original architectural details like built-ins, crown molding, hardwood floors, and fireplaces.
    (216) 409-2888
    Request Owner's contact information
    2248 Rexwood Rd Cleveland Heights, OH 44118
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    Cleveland Heights, OH 44118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2248 Rexwood Rd Cleveland Heights, OH 44118
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