16705 Hillsboro Road Cleveland, OH $ 1,490,000
16705 Hillsboro Road
$ 1,490,000
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16705 Hillsboro Road

Cleveland, OH, 44112
$ 1,490,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,174

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Commercial Property for sale in Cleveland, OH

for $1,490,000. This building was built in 1920 on a lot size of 1.

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.

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Commercial Active

Price

$ 1,490,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1

Year Built

1920

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5184938

Features
General
Heating Gas
Possession Delivery Of Deed
Year Built 1920
Township Cleveland
Property Subtype Apartment
Tax Year 2025
Additional Parcels Description 134-24-124 132-08-142 129-16-012 129-15-049
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Status Active
Directions NA
City Cleveland
Disclosures Owner Is Listing Agent
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Tax Annual Amount 0
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source See Remarks
Property Sub Type Additional Apartment
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Interior
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Size Area 1
Lot Size Acres 1
Lot Size Source Assessor
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* Excluded Features
List By
Tarina M Sidoti

Listing Agent

Berkshire Hathaway Homeservices Professional Realty

Broker

tarina.sellshomes@yahoo.com

Email

Affordability Calculator

$9,174
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,174
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2026$1,490,000 Listed Price

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16705 Hillsboro Road, Cleveland, OH, 44112 is a Commercial Property for sale at $1,490,000 with a lot size of 1. 16705 Hillsboro Road was built in 1920. The property's zip code is 44112 which is in Cleveland, OH