Condo $ 639,900

2671 Noble RD

Cleveland Heights, OH 44121

  • 0.35 Lot Size
  • 1952 Year Built
Turn-Key 8-Unit Apartment Building.

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 75% leased with the exception of two vacancies (Unit #1 and Unit #4), 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.
Listed by Shawana T Hanson of Real of Ohio

PROPERTY DETAIL

  • Key Details

    Property Type Condo

    Sub Type Apartment

    Listing Status Active

    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

    Lot Size 0.351 Acres

    Acres 0.3506

    Property Sub-Type Apartment

  • Location

    State OH

    County Cuyahoga

    Community Laundry Facilities

  • Building

    Story 2

    Sewer Public Sewer

    Water Public

    Level or Stories Two

    Construction Status Updated/Remodeled

  • Interior

    Heating Forced Air

    Cooling None

    Fireplace No

  • Exterior

    Parking Features Detached, Garage

    Community Features Laundry Facilities

    Water Access Desc Public

    Total Parking Spaces 8

  • Schools

    School District Cuyahoga Heights Lsd - 1811

  • Others

    Tax ID 682-22-010

    Special Listing Condition Standard

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