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$155,000

  • For Sale
  • Active
  • Triplex
  • 5 Beds
  • 3 Full Baths
  • 4,529 Sq. Ft.
  • 0.1148 Acres
  • 2 Car Garage
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Amazing opportunity for a fully occupied, remodeled triplex on the Cleveland Heights border. Many updates, including newer breaker boxes, newer H2O tanks, Newer furnaces, freshly seal-coated driveway, plus more. All separate utilities, tenants pay their own electric and gas, owner pays water and sewer. 2nd floor tenant has been there 10 years and rent could be raised. Will be city point of sale violation-free. Over 11 cap rate at current rent, and room to grow.

Full Property Details for 1602 Hillcrest Rd

General

  • Price: $155,000
  • Taxes: $2,126 (2024)
  • Status: Active
  • Type: Triplex
  • Source: 505
  • MLS ID: 5165597
  • Updated: 1/16/2026
  • Added to Site: 131 day(s) ago

Interior

  • Number of Rooms: 17

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Basement

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior

  • Exterior Features: Private Yard

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Garage, Off Street

Location

  • County: Cuyahoga
  • Township: East Cleveland
  • Driving Directions: North of Mayfield Rd, near Cleveland Heights Border
  • Direction Faces: East

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

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Frame, Wood Siding
  • Basement: Yes
  • Basement Desc.: Full, Storage Space, Unfinished
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 3
  • Square Feet: 4,529
  • Living Area: 4,529 Sq. Ft.
  • Finished Above Grnd: 3,235 Sq. Ft.
  • Finished Below Grnd: 1,294 Sq. Ft.
  • Year Built: 1919
  • Year Built Source: Public Records

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.1148
  • Lot Size: .1148
  • Lot Size Source: Public Records
  • Lot Features: City Lot
  • Fencing (Description): Partial

Financial Considerations

  • Operating Expenses: $3,626
  • Tax Amount: $2,126
  • Tax Year: 2024
  • Terms: Cash, Conventional, Owner Will Carry, Owner May Carry, Private Financing Available
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Disclosures/Rstr.: Owner Is Listing Agent, Principal is Real Estate Licensed
  • Property ID: 672-27-044

Listed by Platinum Real Estate, Daniel A Perelman

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Listing agent

— 1602 Hillcrest Rd —

  • Daniel A Perelman

    Platinum Real Estate

dandantherealestateman@gmail.com, 216-780-0413

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 1602 Hillcrest Rd

School District:East Cleveland City School District
NameGradesDistance
Shaw High School
15320 Euclid Avenue, East Cleveland, OH 44112
9-121.5 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 1602 Hillcrest Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$155,000
-8.77%
MLS
12/01/2025
Price Reduced
$169,900
-2.91%
MLS
11/18/2025
Price Reduced
$175,000
-2.72%
MLS
10/17/2025
Listed
$179,900
190.16%
MLS
12/13/2024
Sold
$62,000
—
Public Record
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 1602 Hillcrest Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,006
-6%
$33,150
67%
2023
$2,126
15%
$19,880
—
2022
$1,847
1%
$19,880
—
2021
$1,825
11%
$19,880
9%
2020
$1,641
-14%
$18,240
—
2019
$1,903
—
$18,240
—
2018
$1,894
-9%
$18,240
-16%
2017
$2,081
1%
$21,710
—
2016
$2,065
8%
$21,710
—
2015
$1,904
-8%
$21,710
-15%
2014
$2,060
2%
$25,520
—
2013
$2,027
—
$25,520
—
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.

Estimate the Cost for 1602 Hillcrest Rd

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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 Platinum Real Estate, Daniel A Perelman

1602 Hillcrest Road, East Cleveland, OH 44118 (MLS# 5165597) is a Triplex property with 5 bedrooms and 3 full bathrooms. 1602 Hillcrest Road is currently listed for $155,000 and was received on October 17, 2025. Want to learn more about 1602 Hillcrest Road? Do you have questions about finding other Triplex 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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