Sold
Last Sold Price
7 beds3,756 sqft$32/sqft
1540 Hillcrest Road, Cleveland, OH 44118
Multi FamilyProperty Type
4,791 sq ftLot Size
1917Year Built
$32/sq ftPrice per sq ft

Description

Welcome to this fabulous investment property. This 3 family home has two long term tenants in the first and second floor units. These units are meticulously kept and income producing. The third floor unit is ready to be updated and rented out for additional income! This property is ready to purchase with an existing cash flow!Welcome to this fabulous investment property. This 3 family home has two long term tenants in the first and second floor units. These units are meticulously kept and income producing. The third floor unit is ready to be updated and rented out for additional income! This property is ready to purchase with an existing cash flow!
  • Listed by: Liza R Dardashti-Wolf 216.403.6294 lizadardashti-wolf@howardhanna.com • Howard Hanna
Listing closed: 06/22/2021 12:00 AM • Source: MLS Now, MLS#: 4272949

Recent comparable sales

Median sold price

$249,000

Avg days on market

83

Sale-to-list ratio

91.5%

Cleveland, OH

9 comparable properties found

$215,000 | 1695 Lee Road, Cleveland, OH 44118
1/37
1

$215,000

Sold 12/12/25

7
Bedrooms
3,454
Square Feet
0.16
Acres
$120,000 | 1534 Eddington Road, Cleveland, OH 44118
1/33
2

$120,000

Sold 10/18/24

7
Bedrooms
3,295
Square Feet
0.12
Acres
$249,000 | 1558 Ivydale Road, Cleveland, OH 44118
1/48
3

$249,000

Sold 03/31/26

7
Bedrooms
3,696
Square Feet
0.16
Acres
$330,000 | 2620 Mayfield Road, Cleveland, OH 44106
1/27
4

$330,000

Sold 08/05/25

7
Bedrooms
3,313
Square Feet
0.16
Acres
$304,000 | 3423 Beechwood Avenue, Cleveland, OH 44118
1/44
5

$304,000

Sold 04/30/26

7
Bedrooms
3,474
Square Feet
0.17
Acres
$340,000 | 1704 Preyer Avenue, Cleveland, OH 44118
1/51
6

$340,000

Sold 10/29/24

8
Bedrooms
3,550
Square Feet
0.17
Acres
$199,900 | 3175 East Derbyshire Road, Cleveland, OH 44118
1/29
7

$199,900

Sold 11/20/25

8
Bedrooms
3,816
Square Feet
0.17
Acres
$86,900 | 1819 Haldane Road, Cleveland, OH 44112
1/2
8

$86,900

Sold 10/31/25

7
Bedrooms
3,175
Square Feet
0.12
Acres
$360,000 | 3025 Meadowbrook Boulevard, Cleveland, OH 44118
1/41
9

$360,000

Sold 08/25/25

8
Bedrooms
3,264
Square Feet
0.18
Acres

Amenities

  • Gas Heat
  • Parking Included

Location

Listing Courtesy of Howard Hanna

Sold By Keller Williams Greater Metropolitan

Add your commute

Payment Calculator

$718 per month

30 year fixed, 6.71% Interest

Principal and Interest

$620

Property Taxes

$98

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1540 Hillcrest Road

Property Details
  • Taxes: $1,175 / year
  • MLS Type: Residential Income / Duplex
Building Information
  • Stories: 30
  • Residences: 3
  • Year Built: 1917
  • Lot Size: 0.11 AC / 4,791 SF
Summary
Location and General Information
  • Directions: N Off Superior Rd
  • Latitude: 41.515924
  • Longitude: -81.576122
Taxes and HOA
  • Parcel Number: 672-27-046
  • Tax Annual Amount: $1,175.00
School Information
  • Elementary School District: East Cleveland CSD - 1812
  • High School District: East Cleveland CSD - 1812
  • Middle or Junior School District: East Cleveland CSD - 1812
Parking
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Paved
Property
Lot Information
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Appraiser
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2512.0
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 1244.0
  • Below Grade Finished Area Source: Assessor
  • Building Area Total: 2512.0
  • Living Area: 3756.0
  • Year Built: 1917
Building Features
  • Construction Materials: Aluminum Siding
  • Number of Buildings: 0
Utilities
  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 7
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: None
  • Main Level Bathrooms: 0
Exterior Features
  • Roof: Asphalt, Fiberglass
  • Stories: 30
Multi Family
Multi Family Information
  • Total Number of Units: 3
Income & Expenses
  • Gross Income: $99,999.00
  • Net Operating Income: $99,999.00
Unit Information
Unit 1
  • Area: 1212.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Total Units: 1
Unit 2
  • Area: 1212.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Total Units: 1
Unit 3
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Total Units: 1
Rental
Rent Information
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Property History for 1540 Hillcrest Road

DateEvent & SourcePriceAppreciation
Jun 22, 2021

Sold

MLS Now #4272949

$120,000
Jun 18, 2021

Sold (Public Record)

Public Record #1467685695

$120,000
Apr 26, 2021

Contract Signed

MLS Now #4272949

DateEvent & SourcePrice
06/22/2021

Sold

MLS Now #4272949

$120,000
06/18/2021

Sold (Public Record)

Public Record #1467685695

$120,000
04/26/2021

Contract Signed

MLS Now #4272949

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1540 Hillcrest Road

Taxable ValueLand$5,710Additions$36,300Total$42,010
Tax Record2025$2,691 ($224 / month)
Home Facts
Baths2Total Finished SqFt2,512 SqFtAbove Grade Finished SqFt2,512 SqFtStories2Lot Size5,000 SqFtStyleDuplexYear Built1917Year Renovated1958ZoningU1CountyCUYAHOGAAPN672-27-046

Schools near 1540 Hillcrest Road

This home is within East Cleveland City School District.
Rating
School
Type
Grades
Distance
Public - 3 to 7
Public - 9 to 12
Public - 6 to 8
Public - 3 to 5
Rating
School
Distance
Shaw High School
Public9 to 12

Heritage Middle School
Public6 to 8

Mayfair Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1540 Hillcrest Road, Cleveland, OH 44118
$120,000
7
3,756
4,791
$64,000
2
2,392
5,000
$4,000
6
3
3,440
4,791
$30,000
5
3
$15,900
6
3
3,084
4,791
$12,000
5
3
2,707
5,227

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna

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