16601 Hilliard Road, Lakewood, OH 44107

Local realty services provided by:ERA Real Solutions Realty
16601 Hilliard Road,Lakewood, OH 44107
$439,900
  • 5 Beds
  • 3 Baths
  • 2,544 sq. ft.
  • Multi-family
  • Active
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

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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)
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