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Apartment Building with Garages
New
For Sale
$525,000

2443 Noble Road, Cleveland Heights, OH 44121

CommercialSale, Cleveland Heights, OH

Property SizeContact for details
Lot Size0.28 Acres
Days on Market4

Property Features for 2443 Noble Road

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Multi-Family
Rooms Basement
Parking 6
Parking features Garage
Elementary school district Cleveland Hts-Univer - 1810
Middle school district Cleveland Hts-Univer - 1810
High school district Cleveland Hts-Univer - 1810
Directions Northeast corner of Noble Road and Nobleshire
Special listing conditions In Foreclosure
Standard status Active
APN 682-11-045
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9312

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

coin operated laundry
storage units
on site cameras

Building Details

Year built 1951
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Victoria Villani Masar · License #420006
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 17 at 6:06PM
MLS# 5253238

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.

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Investment Insights

Based on property information with market context.

Built in 1951, this five-unit apartment property sits on a 0.28-acre corner parcel. Its unit mix includes one three-bedroom, one-bath apartment and four two-bedroom, one-bath apartments; all five are occupied. Each apartment has an individual furnace, refrigerator, microwave, and stove. Four units have received updates including granite countertops, stainless steel appliances, replacement windows, luxury vinyl plank flooring, updated lighting, and tiled showers.

The property includes six garage spaces, on-site parking, coin-operated laundry, and storage units for tenants. On-site cameras are included for connection to a monitoring service. Public water and public sewer serve the building. The property was last POS compliant and Lead Paint Certified in 2025.

Key Highlights

  • Five apartments: one 3‑bedroom, 1‑bath unit and four 2‑bedroom, 1‑bath units
  • All five units occupied; individual furnaces in each apartment
  • Four units updated with granite counters, stainless steel appliances, new windows, luxury vinyl plank flooring, lighting, and tiled showers

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 44121, OH

32,887
Population
14,916
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
96%
High-School Grad
6.4 sq mi
ZIP Area
5,139
Density / Sq Mi
$75,621
Median Household Income
$41,061
Median Earnings
$1,113
Median Rent
$129,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The five-unit property includes a mix of two- and three-bedroom apartments, coin-operated laundry, storage, and garage parking.
Where is this apartment building located?
The property is located at 2443 Noble Road Cleveland Heights, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Five apartments: one 3‑bedroom, 1‑bath unit and four 2‑bedroom, 1‑bath units; All five units occupied; individual furnaces in each apartment; Four units updated with granite counters, stainless steel appliances, new windows, luxury vinyl plank flooring, lighting, and tiled showers
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