16705 Hillsboro Road, Cleveland, OH 44112

Local realty services provided by:Better Homes and Gardens Real Estate Central
16705 Hillsboro Road,Cleveland, OH 44112
$1,490,000
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  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tarina m sidoti
Office: berkshire hathaway homeservices professional realty
MLS#:5185425
Source:OH_NORMLS

Price summary

  • Price:$1,490,000

About this home

Rare opportunity to acquire a geographically concentrated Cleveland east side portfolio consisting of 7 multi-family and 5 single-family properties totaling 20 units. This assembled package provides immediate scale, operational efficiency, and income potential that is difficult to replicate through individual acquisitions. Current vacancies have been fully renovated and are actively marketed for rent, allowing new ownership to step directly into lease-up without construction timelines, contractor coordination, or renovation risk. These units are positioned to convert directly into income. Market rents support approximately $23,200 per month or $278,400 in potential annual income once stabilized. Located steps from Cleveland’s largest employment and education hubs, the portfolio benefits from strong rental fundamentals, proven voucher reliability, and public and private reinvestment occurring throughout the corridor. The geographic density of the properties allows for

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Home facts

  • Listing ID #:5185425
  • Added:7 day(s) ago
  • Updated:February 12, 2026 at 02:03 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Asphalt
  • Lot area:1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,490,000
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