16601 Hilliard Road, Lakewood, OH 44107
- $423,300
- 5
- BD
- 3
- BA
- 2,544
- SqFt
- Sold Price
- $423,300
- List Price
- $439,900
- Status
- CLOSED
- MLS#
- 5115370
- Year Built
- 1925
- Closing Date
- Dec 12, 2025
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,544
- Region
- Lakewood
- Township
- Lakewood
- Subdivision / Building
- S H Kleinman Realty Cos Traym
Property Description
Incredible investment opportunity in the heart of Lakewood—one of Cleveland’s most sought-after neighborhoods! This beautifully maintained triplex currently generates $2,430 per month, with one vacant unit that could bring in an additional $1,495/month. The property features three spacious, sub-metered units—perfect for savvy investors or owner-occupants looking to house hack and offset their mortgage. The vacant first-floor unit is a 1,044 sq. ft. 2-bed, 1-bath. The second-floor unit, also 1,044 sq. ft. with 2 beds and 1 bath, is rented for $1,495/month. The third-floor unit is a charming 596 sq. ft. 1-bed, 1-bath leased at $935/month. Each unit boasts stunning hardwood floors, fully renovated kitchens with stone countertops and brand-new cabinetry, and fresh, modern paint throughout. Recent upgrades enhance both style and efficiency, making this property truly turnkey. Enjoy the convenience of a detached 2-car garage and the charm of a vibrant, walkable community just minutes from dining, shopping, and downtown Cleveland.
/u.realgeeks.media/connorsellsohio/Screenshot_2026-08-31_141409.png)
Additional Information
- Taxes
- $7,460
- Acres
- 0.24
- Sewer
- Public Sewer
- Roof
- Asphalt, Shingle
- Water
- Public
- Garage Spaces
- 2
- Heating
- Forced Air
- Cooling
- None
- School District
- Lakewood CSD (Cuyahoga)- 1817
Mortgage Calculator
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
Selling Office: RE/MAX Crossroads Properties.The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.