16601 Hilliard Road
Lakewood, OH 44107
Map
- 5 beds
- 3 baths
- 2,544 sqft
- $174 per sqft
- 1925 build
- – on site
Incredible investment opportunity in the heart of Lakewood, one of Cleveland’s most sought-after neighborhoods! This beautifully maintained and fully occupied triplex brings in a total of $3,830 per month and features three spacious, sub-metered units—perfect for savvy investors or owner-occupants looking to house hack while offsetting their mortgage. The first unit is a 2-bed, 1-bath rented for $1,465/month, with a lease expiring July 31st, 2025. The second unit is also a 2-bed, 1-bath bringing in $1,465/month, leased through July 31st, 2025. The third-floor unit is a charming 1-bed, 1-bath rented for $900/month, with a lease expiring August 31st, 2025. 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.
Last checked:
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Last updated Jun 12, 2025
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MLS# 5115370 —
The Building
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Year Built:1925
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding,VinylSiding
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Levels:ThreeOrMore
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Roof:Asphalt,Shingle
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Basement:Full,Unfinished
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Basement:true
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# of Buildings:1
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Above Grade Finished Area:2544.0
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Above Grade Finished Area Source:Assessor
Room Dimensions
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Living Area:2544.0
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Living Area Units:SquareFeet
Financial & Terms
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Possession:DeliveryOfDeed
Location
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Directions:North of I-90
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Latitude:41.475526
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Longitude:-81.812369
The Property
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Parcel Number:313-12-071
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Property Condition:UpdatedRemodeled
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Lot Size Acres:0.2395
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Lot Size Area:0.2395
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 870-8687
- Office phone:
- (440) 526-9400
Taxes
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Tax Year:2024
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Tax Legal Description:18 TRAYMORE 0001 ALL
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Tax Annual Amount:$7,460
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
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Full Baths:3
The Listing
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Listing Terms:Cash,Conventional,Exchange1031
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/16601-Hilliard-Road-Lakewood-OH-44107/unbranded
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Lakewood CSD (Cuyahoga)- 1817
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Middle School District:Lakewood CSD (Cuyahoga)- 1817
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High School District:Lakewood CSD (Cuyahoga)- 1817
The Community
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Subdivision Name:S H Kleinman Realty Cos Traym
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Pool Private:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2.0
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Carport:false
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Parking Features:Detached,Garage,OnSite,Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/12/25
Jun 12, 2025
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Price Changed | MLS_NOW | $444,900 | -1.1% |
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5/22/25
May 22, 2025
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Listed / Active | MLS_NOW | $449,900 | 748.9% (60.5% / YR) |
|
7/19/16
Jul 19, 2016
|
Sold | MLS_NOW |
