2420 Overlook RD, Cleveland Heights, OH 44106
2420 Overlook RD, Cleveland Heights, OH 44106
2420 Overlook RD, Cleveland Heights, OH 44106
50
$397,200
$575,000
30.9%
Est.Price: ?

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5 BD
5 BA
3,484 SqFt

2420 Overlook RD Cleveland Heights, OH 44106

Est. payment /mo
SOLD DATE : 05/19/2026

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Key Details

Sold Price $397,200

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,484 sqft

Price per Sqft $114

Subdivision Euclid Heights

MLS Listing ID 5186047

Sold Date 05/19/26

Bedrooms 5

Full Baths 3

Half Baths 2

HOA Y/N No

Abv Grd Liv Area 3,484

Year Built 1917

Annual Tax Amount $11,776

Tax Year 2024

Lot Size 0.445 Acres

Acres 0.4449

Property Sub-Type Triplex

Property Description

Welcome to 2420 Overlook Rd, a fully updated triplex located in the highly sought-after Little Italy neighborhood of Cleveland, just moments from University Circle and minutes from Cleveland Heights amenities.

This property presents a rare opportunity for both investors and owner-occupants. Two of the three units are currently leased, generating $2,650 per month, with one unit vacant and ready for immediate occupancy or lease-up. Based on strong rental demand in the area, the vacant unit has excellent income potential at approximately $1,850 per month, bringing projected total income to $4,500 per month and potentially more.

The building has been fully updated and meticulously maintained. A major capital improvement includes conversion to forced-air furnaces with central A/C in all units — a highly desirable feature for tenants and a significant upgrade compared to many properties in the area.

Located in one of Cleveland's strongest rental corridors, this property benefits from proximity to University Hospitals, Case Western Reserve University, restaurants, cafes, and the vibrant culture of Little Italy — supporting consistent tenant demand and long-term appreciation.

For added peace of mind, the City of Cleveland Heights Point of Sale inspection will be completed prior to title transfer.

Package Opportunity Available:
The seller is also offering the neighboring property — another fully updated 3-unit building — which can be purchased separately or together as a package deal. This presents a rare chance to control six side-by-side units in a premier location, creating operational efficiencies and strong long-term portfolio positioning.

Whether you're looking to house-hack in a prime location or acquire a high-performing asset with upside, 2420 Overlook Rd offers flexibility, stability, and growth potential.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry In Basement

Exterior

Parking Features Additional Parking, Detached Carport, Parking Lot, On Street

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 685-04-012

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Katie McNeill • Platinum Real Estate • katie@thekatiemcneillteam.com, 440-796-5506
Bought with Non-Member Non-Member • Non-Member
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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