19658 Hilliard Boulevard, Rocky River, OH 44116
- Added:
- May 20, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 7 at 1:06 pm
Property Features for 19658 Hilliard Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3
- Parking features
- Garage
- Standard status
- Pending
- APN
- 304-18-036
- Size
- 2,340 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 17 GASSER #1 EXCEPT NWC 0017 ALL
- Tax Annual Amount
- 6600
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1951
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Fiberglass, Asphalt
Listing agent Matthew Ditlevson License #2017002435 (440) 228-7164
Listing office Russell Real Estate Services 12198 Pearl Road, Strongsville, OH (440) 572-3100
Listing date May 20, 2026
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.
HighLights
- Brick multifamily property built in 1951 with central air and forced‑air heating
- Remodeled lower unit with new paint, flooring, kitchen cabinets, butcher block countertops, and updated bathroom finishes
- New upstairs A/C unit installed June 2025
- Two new hot water tanks installed June 2025
- Garage roof completed in 2024
- Public water and public sewer
Overview
The property is located at 19658 Hilliard Boulevard in Rocky River, Ohio. The seller notes it is just minutes from downtown Cleveland and provides access to nearby shopping, dining, parks, and highway routes.
For buyers, the updated lower unit and the documented 2024-2025 improvements help support a straightforward ownership plan, whether you intend to rent one side while occupying the other or to continue building a residential income portfolio. The overall layout and recent interior and mechanical work are designed to reduce near-term maintenance concerns for the next owner.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.9k | $16.20 |
| − Vacancy | −$2.5k | −$1.05 |
| EGI | $35.4k | $15.15 |
| − OpEx | −$10.6k | −$4.54 |
| NOI | $24.8k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rocky River
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.83999
- Latitude
- 41.471322
