2123 Stillman RD, Cleveland Heights, OH 44118
2123 Stillman RD, Cleveland Heights, OH 44118
2123 Stillman RD, Cleveland Heights, OH 44118
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$299,900
Est. payment /mo
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6 Beds
3 Baths
3,202 SqFt
Active

2123 Stillman RD Cleveland Heights, OH 44118

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Lindsey Rose

Lindsey Rose

+1(330) 591-0823

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,202 sqft

Price per Sqft $93

Subdivision Coventry Park Land Companys

MLS Listing ID 5241918

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 3,202

Total Fin. Sqft 3202

Year Built 1920

Annual Tax Amount $8,055

Tax Year 2025

Lot Size 4,621 Sqft

Acres 0.1061

Property Sub-Type Triplex

Property Description

Add this exceptionally well-maintained triplex in a phenomenal Cleveland Heights location to your investment portfolio. This property offers an attractive combination of good current cash flow and significant rental upside, with the units currently leased well below market rents. Once rents are brought to market, the property is projected to achieve over a 9.5% cap rate at the list price, providing an excellent opportunity for both immediate income and quick appreciation. The property has benefited from numerous significant capital improvements, including all 57 windows replaced in 2025, new water heaters in 2020 and 2022, a boiler replaced in 2022, and a new garage door installed in 2020. Exterior waterproofing was completed by in 2017, and the work includes a transferable warranty providing peace of mind with a dry basement. The property is POS compliant and lead safe certified making this truly hassle free and fully compliant with the city. The spacious first and second-floor units each feature two bedrooms, a full kitchen, dining room, and sunroom. The third floor has been converted into a comfortable one-bedroom unit with a living room and a compact kitchen without a range. All appliances will transfer to the new owner, including three washers and dryers in the basement, allowing each tenant to have their own dedicated laundry. Additional features include basement storage units and four off-street parking spaces. The location is hard to beat, situated conveniently between three of Cleveland Heights' most vibrant hubs: Cedar-Fairmount, Coventry, and Cedar-Lee. Tenants enjoy easy access to an outstanding selection of restaurants, shopping, entertainment, major transportation routes, and University Circle. With its desirable location, well-maintained condition, below-market rents, and substantial recent capital improvements, this is an exceptional opportunity for an investor looking for reliable income today with meaningful upside tomorrow.

Location

State OH

County Cuyahoga

Direction West

Rooms

Basement Common Basement, Interior Entry, Unfinished

Interior

Interior Features Crown Molding, Laminate Counters, Storage

Heating Hot Water, Steam

Cooling Wall/Window Unit(s)

Fireplace No

Window Features Insulated Windows

Appliance Dryer, Dishwasher, Freezer, Microwave, Range, Refrigerator, Washer

Laundry Common Area, In Basement, Lower Level

Exterior

Exterior Feature Awning(s)

Parking Features Additional Parking, Driveway, Detached, Garage Faces Front, Garage, On Site, Outside, Parking Pad

Garage Spaces 2.0

Garage Description 2.0

View Y/N Yes

Water Access Desc Public

View City

Roof Type Asphalt

Garage true

Private Pool No

Building

Lot Description Back Yard, City Lot, Flat, Front Yard, Level

Faces West

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 684-18-034

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by David Jackson • Howard Hanna • davidjackson@howardhanna.com, 216-548-9207
Nearby Locations

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Lindsey Rose

Lindsey Rose

Realtor® | CEO | Team Lead License ID: 2017001928

+1(330) 591-0823

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2123 Stillman RD