3331 Cedarbrook Road
Cleveland Heights, OH 44118
Map
- 8 beds
- 5 baths
- 4,100 sqft
- $72 per sqft
- 1920 build
- – on site
This massive, townhome-style duplex features two units, each with 4 bedrooms, 2 full baths, 3 stories, a 3 seasons room and a full, private basement. The classic architecture and larger-than-average layouts set the stage for top-of-market rents. Both units are updated with modern kitchens, renovated bathrooms, new lighting, and fresh paint throughout. Major systems are dialed in, it has vinyl windows, solid mechanicals, and a newer garage (2021). Both units are ready for immediate occupancy. Once units are placed at $2,400/month each, the proforma NOI soars over $37,000, delivering a cap rate of 11.75%! With its proximity to the Cleveland Clinic and University Circle, this property is also perfectly positioned for furnished mid-term or short-term rentals, offering even greater income potential. Opportunities like this are nearly impossible to duplicate. Whether you want stable cash flow or are ready to maximize your profits through flexible rental strategies, this property delivers. **Roof is older and will likely require replacement in the next 5 years.
Last checked:
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Last updated Jun 9, 2025
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MLS# 5127248 —
The Building
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Year Built:1920
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Year Built Source:Appraiser
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Construction Materials:AluminumSiding
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Levels:ThreeOrMore
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Stories:3
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Roof:Asphalt,Fiberglass
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Basement:Full
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Basement:true
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# of Buildings:1
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Above Grade Finished Area:4100.0
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Above Grade Finished Area Source:Owner
Interior
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Rooms Total:12
Room Dimensions
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Living Area:4100.0
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Living Area Units:SquareFeet
Financial & Terms
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Possession:DeliveryOfDeed
Location
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Directions:corner of goodnor and cedarbrook.
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Latitude:41.499907
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Longitude:-81.560222
The Property
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Parcel Number:687-07-117
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Lot Features:CornerLot
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Lot Size Acres:0.1583
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Lot Size Area:0.1583
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Lot Size Units:Acres
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Lot Size Source:Appraiser
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (440) 670-2300
- Office phone:
- (440) 318-1620
Taxes
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Tax Year:2024
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Tax Legal Description:3 CEDBRK 0169 ALL
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Tax Annual Amount:$6,568
Beds
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Bedrooms Total:8
Baths
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Total Baths:5
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Full Baths:4
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Half Baths:1
The Listing
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Home Warranty:false
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/3331-Cedarbrook-Road-Cleveland-Heights-OH-44118--5127248/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
Appliances
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Laundry Features:LaundryChute,GasDryerHookup,InBasement
Schools
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Elementary School District:Cleveland Hts-Univer - 1810
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Middle School District:Cleveland Hts-Univer - 1810
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High School District:Cleveland Hts-Univer - 1810
The Community
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Subdivision Name:Cedarbrook
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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
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/9/25
Jun 9, 2025
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Price Changed | MLS_NOW | $299,000 | -8.0% |
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5/30/25
May 30, 2025
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Listed / Active | MLS_NOW | $324,900 | |
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4/5/25
Apr 5, 2025
|
Listed / Active | MLS_NOW |
