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Commercial Real Estate for Sale at 16705 Hillsboro Road in Cleveland, OH for $1,490,000

Listing data last changed 02/03/2026 - 10:08pm
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16705 Hillsboro Road | Cleveland

$1,490,000 | 0.0 Sq. Ft.

Rare opportunity to acquire a geographically concentrated Cleveland east side portfolio consisting of 7 multi-family and 5 single-family properties totaling 20 units. This assembled package provides immediate scale, operational efficiency, and income potential that is difficult to replicate through individual acquisitions.\r\n\r\nCurrent vacancies have been fully renovated and are actively marketed for rent, allowing new ownership to step directly into lease-up without construction timelines, contractor coordination, or renovation risk. These units are positioned to convert directly into income.\r\n\r\nMarket rents support approximately $23,200 per month or $278,400 in potential annual income once stabilized.\r\n\r\nLocated steps from Cleveland\u2019s largest employment and education hubs, the portfolio benefits from strong rental fundamentals, proven voucher reliability, and public and private reinvestment occurring throughout the corridor. The geographic density of the properties allows for efficient management and multiple investment strategies.\r\n\r\nFull address list, rent roll, and financials available upon request. MLSNow 5184938 Directions to property: NA

MLS Listing ID: 
MLSNow 5184938
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,490,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
16705 Hillsboro Road, Cleveland, OH 44112
County: 
Cuyahoga
Latitude: 
41.5457450
Longitude: 
-81.5599640
Directions: 
NA
Public Remarks: 
Rare opportunity to acquire a geographically concentrated Cleveland east side portfolio consisting of 7 multi-family and 5 single-family properties totaling 20 units. This assembled package provides immediate scale, operational efficiency, and income potential that is difficult to replicate through individual acquisitions.\r\n\r\nCurrent vacancies have been fully renovated and are actively marketed for rent, allowing new ownership to step directly into lease-up without construction timelines, contractor coordination, or renovation risk. These units are positioned to convert directly into income.\r\n\r\nMarket rents support approximately $23,200 per month or $278,400 in potential annual income once stabilized.\r\n\r\nLocated steps from Cleveland\u2019s largest employment and education hubs, the portfolio benefits from strong rental fundamentals, proven voucher reliability, and public and private reinvestment occurring throughout the corridor. The geographic density of the properties allows for efficient management and multiple investment strategies.\r\n\r\nFull address list, rent roll, and financials available upon request.
Community Information
School District: 
Cleveland Municipal - 1809
Building Details
Details about the building on a property.
Year Built: 
1920
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1
Lot Size (Area): 
1
Public Record
Parcel Number: 
117-14-030
Annual Tax: 
$0.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Owner Is Listing Agent
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Berkshire Hathaway HomeServices Professional Realt

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