15978 Nelacrest Road East Cleveland, OH $ 695,000
15978 Nelacrest Road
$ 695,000
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15978 Nelacrest Road

East Cleveland, OH, 44112
$ 695,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,336

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Commercial Property for sale in East Cleveland, OH

for $695,000. This building was built in 1958 on a lot size of 0.6682.

Super Well Maintained and Updated 14 Unit Garden Style Apartment Building Generating over $10,000/month in rental income. Located off of Noble Road on the border of Cleveland Heights. ***Check out the 360 Degree Panoramic Virtual Tour and Floorplans***. 10 Two Bedroom Units and 4 One Bedroom Units. All units have been updated over the years and have their own furnace and water heater. Full kitchens with updated appliances. Laundry room on the 1st floor. 8 Garage Spots. 12 Units currently rented. Easy access to area shopping, dining, entertainment, etc. Minutes to the freeway. City POS Inspection and financials available upon request. Contact me for a Private Showing Today before this great turnkey investment is SOLD!

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Commercial Active

Price

$ 695,000

Property Type

Commercial

Taxes

$ 11,088

Style

Lot Size

0.6682

Year Built

1958

Town/City

East Cleveland

County/Region

Cuyahoga

MLS | Web ID

5169529

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Delivery Of Deed
Roof Flat
Year Built 1958
Stories Count 2
Township East Cleveland
Levels Two
Property Subtype Apartment
Tax Year 2024
Current Use Residential Single Family
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Subdivision Name Lees Dev Companys
Garage Y/N true
Status Active
Directions West off of Noble South of Euclid Avenue
City East Cleveland
Disclosures Principal is Real Estate Licensed
High School District East Cleveland CSD - 1812
Number Of Units Total 14
Lot Size Units Acres
Tax Annual Amount 11088.72
Virtual Tour https://my.matterport.com/show/?m=H4NZwyLCdJW&brand=0 https://my.matterport.com/show/?m=H4NZwyLCdJW&brand=0
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District East Cleveland CSD - 1812
Elementary School District East Cleveland CSD - 1812
Year Built Source Public Records
Property Sub Type Additional Apartment
Legal Description 11 LEES DEV &S/L50 ALL & 51 ALL 0049 ALL 67318031 TO67318032
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Interior
Basement None
Total Stories 2
Basement (Y/N) false
Heating Y/N true
Laundry Features Coin-operated
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Covered Detached Garage
Water Source Public
Total Parking 8
Lot Size Area 0.6682
Number of Buildings 1
Building Area Total 14006
Lot Size Acres 0.6682
Lot Size Source Assessor
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* Excluded Features
List By
Keith D Kiefer

Listing Agent

Kiefer Realty Group

Broker

keith@kieferrealtygroup.com

Email

Affordability Calculator

$5,260
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,336
Monthly Property Taxes
$924
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4458290 Elementary School
4458293 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2025$695,000 Listed Price

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15978 Nelacrest Road, East Cleveland, OH, 44112 is a Commercial Property for sale at $695,000 with a lot size of 0.6682. 15978 Nelacrest Road was built in 1958. The property's zip code is 44112 which is in East Cleveland, OH