2671 Noble RD Cleveland Heights, OH 44121
0.35 Acres Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Crestmore Realty Cos Resub
MLS Listing ID 5181650
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1952
Annual Tax Amount $23,718
Tax Year 2025
Contingent Inspections
Lot Size 0.351 Acres
Acres 0.3506
Property Sub-Type Apartment
Property Description
Exceptional opportunity to acquire a beautifully upgraded 8-unit apartment building offering immediate income, modernized interiors, and long-term value. Under current ownership, the property has undergone extensive capital improvements, creating a rare opportunity for investors seeking a stabilized asset with additional rent-growth potential.
Multiple units have been thoughtfully renovated with updated kitchens and baths, new flooring, fresh paint, modern fixtures, and enhanced finishes that attract quality tenants and support premium rental rates. A new roof has been installed, and the on-site laundry facility has well maintained washer and dryer equipment, providing added tenant convenience and supplemental income for the owner.
The property features a desirable unit mix including an efficiency, one-bedroom, and two-bedroom apartments appealing to a broad tenant base. A detached garage offers dedicated parking for each unit, creating additional supplemental income. The property is 63% leased. There are three vacancies (Unit #1, Unit #4, and Unit #6), with a blend of long-term and leased tenants providing an immediate value-add opportunity for the new owner.
This is a true turnkey asset ideal for both seasoned and first-time investors looking to expand their portfolio in a high-demand rental market.
Property is being sold As-Is. Seller will make no further repairs. Do not disturb tenants.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Detached, Garage
Water Access Desc Public
Total Parking Spaces 8
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Cuyahoga Heights Lsd - 1811
Others
Tax ID 682-22-010
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 10
Hilltop Elementary School
Public | 3 - 5
- 5
Fairfax Elementary School
Public | KG - 5
- 5
Canterbury Elementary School
Public | KG - 5
- 5
Rowland Elementary School
Public | PK - 3
- 5
Adrian Elementary School
Public | KG - 3
- 5
Gearity Professional Development School
Public | PK - 5
- 4
Mayfair Elementary School
Public | KG - 6
- 4
Boulevard Elementary School
Public | KG - 5
- 4
Hannah Gibbons STEM School
Public | PK - 8
- 4
Oxford Elementary School
Public | KG - 5
- 4
Greenview Upper Elementary School
Public | 4 - 6
- 3
Kenneth W. Clement Boys' Leadership
Public | PK - 8
- 3
Caledonia Elementary School
Public | KG - 6
- 3
Noble Elementary School
Public | PK - 5
- 2
Apex Academy
Public | KG - 8
- 1
Chambers Elementary School
Public | KG - 6
- 1
East Clark
Public | PK - 8
- 1
Memorial School
Public | PK - 8
- 1
Euclid Park Elementary School
Public | PK - 8
- 0
Lake Erie College Preparatory School
Public | KG - 8
- 4
Euclid Central Middle School
Public | 6 - 8
- 4
Memorial Junior High School
Public | 7 - 8
- 3
Monticello Middle School
Public | 6 - 8
- 2
Heritage Middle School
Public | 7 - 8
- 0
Frank L Wiley Middle School
Public | 6 - 8
- 0
The Lyceum-
Private | 6 - 12
- 0
Beatrice Stone Yavne High School
Private | 7 - 12
- 8
Beachwood High School
Public | 9 - 12
- 4
MC2STEM High School
Public | 9 - 12
- 4
Brush High School
Public | 9 - 12
- 3
Collinwood High School
Public | 9 - 12
- 3
Ginn Academy
Public | 9 - 12
- 1
Shaw High School
Public | 9 - 12
- 1
Cleveland Heights High School
Public | 9 - 12
- 0
Beaumont School
Private | 9 - 12
- 0
Lutheran High School East
Private | 9 - 12