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6-Unit Brick Apartment Building
For Sale
$375,000
Pending

2649 Noble Road, Cleveland Heights, OH 44121

CommercialSale, Cleveland Heights, OH

Property SizeContact for details
Lot Size0.20 Acres
Days on Market10

Property Features for 2649 Noble Road

General Information

Property type Commercial Sale
Property subtype Apartment
Rooms Basement
Parking 6
Parking features Garage
Subdivision Crestmore Realty Companys
Elementary school district Cleveland Hts-Univer - 1810
Middle school district Cleveland Hts-Univer - 1810
High school district Cleveland Hts-Univer - 1810
Directions Off Denison Boulevard, between W Ridgewood Drive and Manorford Drive
Standard status Pending
APN 682-22-006
Lot size 0.20 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description 21 CRESTMORE V43-P8 0049 ALL
Tax Annual Amount 15203
Legal Description 21 CRESTMORE V43-P8 0049 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

common laundry area

Building Details

Year built 1950
Floors in Building 3
Number of units 6
Roof type Composition
Buildings 1
Listing Agency: RE/MAX Haven Realty · RE/MAX International
Listed By: Michael Azzam · License #2014004734
Added: Oct 26 Changed: Oct 27 Last Checked: Nov 4 at 4:06AM
MLS# 5256151

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.

Rey
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Investment Insights

Based on property information with market context.

This 1950 brick apartment property contains six two-bedroom, one-bathroom units, each with a living room and a kitchen with an adjoining dining area. Vinyl windows and updated electrical panels serve the building, while each apartment has its own furnace and water heater. Residents share a laundry area, and the basement offers storage. An attached garage provides space for six vehicles.

Unit 4 is vacant and has hardwood flooring, a renovated kitchen with white shaker cabinets, granite counters and a new dishwasher, plus an updated bathroom with a tiled tub surround. The other five units are occupied under a mix of fixed-term and month-to-month leases. The property sits near Noble Neighborhood Library, with parks, recreation, shopping, dining and public transportation in the surrounding area. The parcel measures 0.2021 acres.

Key Highlights

  • Six apartments, each with 2 bedrooms and 1 full bathroom
  • Attached 6‑car garage
  • Separate furnace and water heater in every unit

Property Analytics

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Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

397
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 - Six apartments feature separate heating and water systems, shared laundry, and an attached garage.
Where is this apartment building located?
The property is located at 2649 Noble Road Cleveland Heights, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Six apartments, each with 2 bedrooms and 1 full bathroom; Attached 6‑car garage; Separate furnace and water heater in every unit
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