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Sold for $60,000
  • $60,000

    16705 Hillsboro Rd, Cleveland, OH 44112

    3beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,218 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,218/mo

    Zestimate® history
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    What's special

    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 efficient management and multiple investment strategies. Full address list, rent roll, and financials available upon request.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: 5185425

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Natural Gas
    Features
    • Has basement: No

    Property

    Details
    • Parcel number: 11714030

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl
    • Roof: Asphalt

    Community & neighborhood

    Location
    • Region: Cleveland

    Price history

    DateEventPrice
    3/26/2026Listing removed$1,490,000+1254.5%
    Source: BHHS broker feed #5185425 Report a problem
    3/25/2026Listed for sale$110,000
    Source: MLS Now #5189838 Report a problem
    3/14/2026Pending sale$110,000
    Source: MLS Now #5189838 Report a problem
    3/6/2026Price change$110,000-92.6%
    Source: MLS Now #5189838 Report a problem
    2/5/2026Listed for sale$1,490,000+2383.3%
    Source: MLS Now #5185425 Report a problem
    8/6/2025Sold$60,000+94.2%
    Source: Public Record Report a problem
    6/12/2020Sold$30,900-11.7%
    Source: MLS Now #4191991 Report a problem
    6/8/2020Pending sale$35,000
    Source: RE/MAX Crossroads Properties #4191991 Report a problem
    6/1/2020Listed for sale$35,000
    Source: RE/MAX Crossroads Properties #4191991 Report a problem
    11/7/2006Sold$35,000-19.2%
    Source: Public Record Report a problem
    3/3/2006Sold$43,334
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,220 +55.9%$18,240 +81%
    2023$782 +0.6%$10,080
    2022$778 +0.9%$10,080
    2021$771 +3.8%$10,080 +20%
    2020$742 -45.9%$8,400
    2019$1,372 +100.3%$8,400
    2018$685 -30.1%$8,400 -27.5%
    2017$980 +0.8%$11,590
    2016$972 $11,590
    2015$972 -3.4%$11,590 -2.9%
    2014$1,006 +1.7%$11,940
    2013$989 +2.9%$11,940
    2012$961 -31.3%$11,940 -47.2%
    2011$1,399 +0.2%$22,620
    2010$1,397 -39%$22,620
    2009$2,290 +45.7%$22,620 -12%
    2008$1,572 +8.5%$25,690
    2007$1,449 +0.1%$25,690
    2006$1,448 $25,690 +7.6%
    2005-- $23,880
    2004$1,361 +1.1%$23,880
    2003$1,346 +3.5%$23,880 +2.6%
    2002$1,300 -42.8%$23,280
    2001$2,274 +4.5%$23,280
    2000$2,177 $23,280

    Find assessor info on the county website

    Neighborhood: Euclid Green

    Nearby schools

    GreatSchools rating
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