16601 Hilliard Road, Lakewood, OH 44107
Local realty services provided by:Better Homes and Gardens Real Estate Central



Listed by:tal tamir
Office:russell real estate services
MLS#:5115370
Source:OH_NORMLS
Price summary
- Price:$439,900
- Price per sq. ft.:$172.92
About this home
Incredible investment opportunity in the heart of Lakewood—one of Cleveland’s most sought-after neighborhoods! This beautifully maintained triplex currently generates $2,365 per month, with one vacant unit that could bring in an additional $1,500/month. The property features three spacious, sub-metered units—perfect for savvy investors or owner-occupants looking to house hack and offset their mortgage. The vacant first-floor unit is a 1,044 sq. ft. 2-bed, 1-bath. The second-floor unit, also 1,044 sq. ft. with 2 beds and 1 bath, is rented for $1,465/month. The third-floor unit is a charming 596 sq. ft. 1-bed, 1-bath leased at $900/month through August 31, 2025. Each unit boasts stunning hardwood floors, fully renovated kitchens with stone countertops and brand-new cabinetry, and fresh, modern paint throughout. Recent upgrades enhance both style and efficiency, making this property truly turnkey. Enjoy the convenience of a detached 2-car garage and the charm of a vibrant, walkable community just minutes from dining, shopping, and downtown Cleveland.
Contact an agent
Home facts
- Year built:1925
- Listing Id #:5115370
- Added:85 day(s) ago
- Updated:August 16, 2025 at 02:12 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,544 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1925
- Building area:2,544 sq. ft.
- Lot area:0.24 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$439,900
- Price per sq. ft.:$172.92
- Tax amount:$7,460 (2024)
New listings near 16601 Hilliard Road
- New$889,000Active5 beds 4 baths3,403 sq. ft.
16712 Edgewater Drive, Lakewood, OH 44107
MLS# 5148847Listed by: BERKSHIRE HATHAWAY HOMESERVICES LUCIEN REALTY - New$139,900Active1 beds 1 baths544 sq. ft.
12900 Lake Avenue #704, Lakewood, OH 44107
MLS# 5147845Listed by: RICHARD KATZ REALTY & CONDO REALTY - New$95,000Active2 beds 1 baths760 sq. ft.
14567 Madison Avenue #603, Lakewood, OH 44107
MLS# 5148235Listed by: MCDOWELL HOMES REAL ESTATE SERVICES - New$349,900Active4 beds 2 baths2,868 sq. ft.
1277-1279 Fry Avenue #2, Lakewood, OH 44107
MLS# 5147894Listed by: SILVERTREE REAL ESTATE CO. - New$350,000Active4 beds 2 baths2,617 sq. ft.
1650 Parkwood Road, Lakewood, OH 44107
MLS# 5148616Listed by: PLATINUM REAL ESTATE - Open Sat, 11am to 1pmNew$313,333Active3 beds 1 baths1,704 sq. ft.
2179 Morrison Avenue, Lakewood, OH 44107
MLS# 5148152Listed by: EXP REALTY, LLC. - New$574,900Active7 beds 3 baths3,400 sq. ft.
16119 Clifton Boulevard, Lakewood, OH 44107
MLS# 5148053Listed by: RE/MAX CROSSROADS PROPERTIES - Open Sun, 11am to 1pmNew$392,000Active4 beds 2 baths1,930 sq. ft.
1194 Andrews Avenue, Lakewood, OH 44107
MLS# 5139115Listed by: BERKSHIRE HATHAWAY HOMESERVICES PROFESSIONAL REALTY - Open Sun, 12 to 1:30pmNew$399,900Active3 beds 2 baths1,762 sq. ft.
2140 Overbrook Avenue, Lakewood, OH 44107
MLS# 5147546Listed by: JAMM REAL ESTATE CO. - Open Sun, 12 to 2pmNew$219,000Active3 beds 2 baths1,440 sq. ft.
12701 Plover Street, Lakewood, OH 44107
MLS# 5147965Listed by: REDFIN REAL ESTATE CORPORATION