16601 Hilliard Road

Lakewood, OH 44107

$423,300
Last Sold Price
5
Beds
2,544 Sq. Ft.
$166 / Sq. Ft.
2,544
Sq. Ft.
$166
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 12/12/25
Closed 12/12/25

Description

Incredible investment opportunity in the heart of Lakewood—one of Cleveland’s most sought-after neighborhoods! This beautifully maintained triplex currently generates $2,430 per month, with one vacant unit that could bring in an additional $1,495/month. The property features three spacious, sub-metered units—perfect for savvy investors or owner-occupants looking to house hack and offset their mortgage. The vacant first-floor unit is a 1,044 sq. ft. 2-bed, 1-bath. The second-floor unit, also 1,044...Incredible investment opportunity in the heart of Lakewood—one of Cleveland’s most sought-after neighborhoods! This beautifully maintained triplex currently generates $2,430 per month, with one vacant unit that could bring in an additional $1,495/month. The property features three spacious, sub-metered units—perfect for savvy investors or owner-occupants looking to house hack and offset their mortgage. The vacant first-floor unit is a 1,044 sq. ft. 2-bed, 1-bath. The second-floor unit, also 1,044 sq. ft. with 2 beds and 1 bath, is rented for $1,495/month. The third-floor unit is a charming 596 sq. ft. 1-bed, 1-bath leased at $935/month. Each unit boasts stunning hardwood floors, fully renovated kitchens with stone countertops and brand-new cabinetry, and fresh, modern paint throughout. Recent upgrades enhance both style and efficiency, making this property truly turnkey. Enjoy the convenience of a detached 2-car garage and the charm of a vibrant, walkable community just minutes from dining, shopping, and downtown Cleveland.
  1. Listed by Tal Tamir • Russell Real Estate Services
    P: (216)-870-8687 C: (216)-870-8687 tal@premierclevelandinvesting.com

Property Details for 16601 Hilliard Road

Subdivision Name
S H Kleinman Realty Cos Traym
Has Waterfront
No
LISTING UPDATED: 12/17/2025 10:14 AM

Property Details for 16601 Hilliard Road

StatusClosed
MLS #5115370
Days on Market139
Taxes$7,460 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1925
Lot Size0.24 AC / 10,432 SF
CountyCuyahoga County
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Location

Listing Courtesy of Russell Real Estate Services

Sold By RE/MAX Crossroads Properties

Add your commute

Building Information for 16601 Hilliard Road

Stories-Residences-Year Built1925Building Size-Lot Size0.24 AC / 10,432 SF

Payment Calculator

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$2,731 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,109

Property Taxes

$622

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16601 Hilliard Road

Summary
Location and General Information
  • Directions: North of I-90
  • Latitude: 41.475526
  • Longitude: -81.812369
  • Township: Lakewood
Taxes and HOA
  • Parcel Number: 313-12-071
  • Tax Annual Amount: $7,460.00
  • Tax Legal Description: 18 TRAYMORE 0001 ALL
  • Tax Year: 2024
School Information
  • Elementary School District: Lakewood CSD (Cuyahoga)- 1817
  • High School District: Lakewood CSD (Cuyahoga)- 1817
  • Middle or Junior School District: Lakewood CSD (Cuyahoga)- 1817
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage, On Site, Paved
Property
Lot Information
  • Lot Size Acres: 0.2395
  • Lot Size Area: 0.2395
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2544.0
  • Above Grade Finished Area Source: Assessor
  • Living Area: 2544.0
  • Living Area Units: Square Feet
  • Property Condition: Updated Remodeled
  • Year Built: 1925
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Full, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 5
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air
  • Has Heating: Yes
  • Main Level Bathrooms: 0
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Shingle
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom
Unit 2
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom

Property History for 16601 Hilliard Road

DateEvent & SourcePriceAppreciation
Dec 12, 2025

Sold (Public Record)

Public Record #1922513789

$423,300

+4.3% / yr

Dec 12, 2025

Sold

MLS Now #5115370

$423,300—
Oct 7, 2025

Contract Signed

MLS Now #5115370

—
DateEvent & SourcePrice
12/12/2025

Sold (Public Record)

Public Record #1922513789

$423,300

+4.3% / yr

12/12/2025

Sold

MLS Now #5115370

$423,300
10/07/2025

Contract Signed

MLS Now #5115370

—

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

Public Records for 16601 Hilliard Road

Taxable ValueLand$19,040Additions$94,570Total$113,610
Tax Record2025$7,450 ($621 / month)
Home Facts
Baths3Total Finished SqFt2,544 SqFtAbove Grade Finished SqFt2,544 SqFtStories3Lot Size10,434 SqFtStyleTriplexYear Built1925Year Renovated1958ZoningR1HCountyCUYAHOGAAPN313-12-071Fireplace TypeHas Fireplace

Schools near 16601 Hilliard Road

This home is within Lakewood City School District.
Rating
School
Type
Grades
Distance
Hayes Elementary School
Public - PK to 5
Harding Middle School
Public - 6 to 8
Lakewood High School
Public - 9 to 12
Franklin School of Opportunity Online
Public - 1 to 12
Rating
School
Distance
Hayes Elementary School
PublicPK to 5

Harding Middle School
Public6 to 8

Lakewood High School
Public9 to 12

Franklin School of Opportunity Online
Public1 to 12

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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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 Russell Real Estate Services

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