2649 Noble RD, Cleveland Heights, OH 44121
2649 Noble RD, Cleveland Heights, OH 44121
2649 Noble RD, Cleveland Heights, OH 44121
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$375,000
Est. payment /mo
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8,803 Sqft Lot
Pending

2649 Noble RD Cleveland Heights, OH 44121

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Crestmore Realty Companys

MLS Listing ID 5256151

HOA Y/N No

Year Built 1950

Annual Tax Amount $15,203

Tax Year 2025

Lot Size 8,803 Sqft

Acres 0.2021

Property Sub-Type Apartment

Property Description

Expand your investment portfolio with this 6-unit brick apartment building in Cleveland Heights! This commercial property offers spacious layouts, existing rental income, & an opportunity to increase occupancy with a renovated vacant unit. Each apartment features 2 bedrooms, 1 full bathroom, a generous living room, & a functional kitchen with an adjoining dining area, providing a comfortable layout for everyday living.

The property features vinyl windows, updated electrical panels, & individual in-suite furnaces & water heaters. A common laundry area adds convenience for residents, while the basement provides additional storage & potential for future improvements. An attached 6-car garage offers covered parking, further enhancing the building's amenities.

Currently vacant, Unit 4 presents an opportunity to select a new tenant & add to the property's rental income. This spacious apartment features hardwood flooring throughout, a renovated kitchen with white shaker-style cabinets, granite countertops, & a new dishwasher. An updated bathroom with a tiled tub surround complements the refreshed kitchen, creating an appealing rental offering.

Existing rental income includes Unit 1 at $750/mo with a lease through 03/31/2027; Unit 2 at $750/mo, Unit 3 at $845/mo on a month-to-month lease, with an increase of $920/mo. starting 12/1/26. Unit 4, is vacant and the market rent is $1,100/mo. Unit 5 rents at $1,040/mo, lease is through 6/30/2027. Unit 6 rents at $1,020/mo on a month-to-month lease.

Located in Cleveland Heights near the Noble Neighborhood Library, the property also benefits from the community's parks & recreational amenities, with shopping, dining, & public transportation in the surrounding area. With six two-bedroom units, individual mechanical systems, garage parking, & a renovated vacancy, this property deserves a closer look for your next investment! Schedule your showing.


No wholesalers. No Seller financing. No low ball offers.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Attached, Garage

Water Access Desc Public

Roof Type Composition

Present Use Multi-Family

Total Parking Spaces 6

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 682-22-006

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Michael Azzam • RE/MAX Haven Realty • mike@theazzamgroup.com, 216-446-7606

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James Duncan

James Duncan

Agent License ID: 449204

+1(330) 606-9212

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2649 Noble RD