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$650,000

  • For Sale
  • Active
  • Apartment
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Super Well Maintained and Updated 14 Unit Garden Style Apartment Building Generating over $10,000/month in rental income. Located off of Noble Road on the border of Cleveland Heights. ***Check out the 360 Degree Panoramic Virtual Tour and Floorplans***. 10 Two Bedroom Units and 4 One Bedroom Units. All units have been updated over the years and have their own furnace and water heater. Full kitchens with updated appliances. Laundry room on the 1st floor. 8 Garage Spots. 12 Units currently rented. Easy access to area shopping, dining, entertainment, etc. Minutes to the freeway. City POS Inspection and financials available upon request. Contact me for a Private Showing Today before this great turnkey investment is SOLD!

Full Property Details for 15978 Nelacrest Rd

General

  • Price: $650,000
  • Taxes: $11,088 (2024)
  • Status: Active
  • Type: Apartment
  • Source: 505
  • MLS ID: 5169529
  • Updated: 1/16/2026
  • Added to Site: 106 day(s) ago

Rooms

Other Rooms

  • Laundry: Coin-operated

Parking

  • Garage: Yes
  • Total Spaces: 8
  • Parking Features: Covered, Detached, Garage

Location

  • County: Cuyahoga
  • Township: East Cleveland
  • Subdivision: Lees Dev Companys
  • Driving Directions: West off of Noble South of Euclid Avenue

School Information

  • Elem School District: East Cleveland CSD - 1812
  • Midd School District: East Cleveland CSD - 1812
  • High School District: East Cleveland CSD - 1812

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Basement Desc.: None
  • Roof: Flat
  • Stories/Levels: 2
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 1958
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.6682
  • Lot Size: .6682
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $11,088.72
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: 11 LEES DEV &S/L50 ALL & 51 ALL 0049 ALL 67318031 TO67318032
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 673-18-030

Listed by Kiefer Realty Group, Keith D Kiefer

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Listing agent

— 15978 Nelacrest Rd —

  • Keith D Kiefer

    Kiefer Realty Group

216-403-9603, info@kieferrealtygroup.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15978 Nelacrest Rd

School District:East Cleveland City School District
NameGradesDistance
Caledonia Elementary School
914 Caledonia Avenue, Cleveland Heights, OH 44112
K-20.3 mi
Mayfair Elementary School
13916 Mayfair Avenue, East Cleveland, OH 44112
3-51.1 mi
Heritage Middle School, East Cleveland, OH
14410 Terrace Road, East Cleveland, OH 44112
6-81 mi
Shaw High School
15320 Euclid Avenue, East Cleveland, OH 44112
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15978 Nelacrest Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$650,000
-6.47%
MLS
11/06/2025
Listed
$695,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15978 Nelacrest Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,542
-5%
$106,340
49%
2023
$11,087
27%
$71,340
—
2022
$8,732
—
$71,340
—
2021
$8,717
23%
$71,330
12%
2020
$7,110
-19%
$63,700
—
2019
$8,832
—
$63,710
—
2018
$8,789
17%
$63,710
24%
2017
$7,490
1%
$51,420
—
2016
$7,425
16%
$51,420
—
2015
$6,403
2%
$51,420
-6%
2014
$6,263
4%
$54,710
—
2013
$6,042
—
$54,710
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Kiefer Realty Group, Keith D Kiefer

15978 Nelacrest Road, East Cleveland, OH 44112 (MLS# 5169529) is a Apartment property. 15978 Nelacrest Road is currently listed for $650,000 and was received on November 06, 2025. Want to learn more about 15978 Nelacrest Road? Do you have questions about finding other Apartment real estate for sale in East Cleveland? You can browse all East Cleveland real estate or contact a Coldwell Banker agent to request more information.

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