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$619,000 Sale Pending

  • For Sale
  • Pending
  • Apartment
  • Updated 2 days ago
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Look at this 10 UNIT BRICK apartment building in the heart of Cleveland Heights! This charming property offers 10 one bedroom/one bath units! Cash flowing! 7 out of 10 units occupied! Built in 1930- Classic ALL brick construction with 25 plus combined parking spaces! Professional Property Management in place! Current rents: $700/$775/$775/$775/$800/$795/$900 on leases and pay their own electric. Nice parking lot with 25 combined parking spaces! Rent Roll/Expenses in supplements or available upon request. Updates include: ALL units renovated rent ready except 1 unit in basement (untouched)- with 2 vacant units ready for your tenant, 2023 full gas line repairs throughout building over $12K done, Brand New Boiler December 2025! 98% all newer plumbing with PEX or Copper! POS in supplements, funds already escrowed to cover this, as is, buyer to assume. Great Property! High rental demand area! Great location with 12 minutes from Downtown Cleveland, close to Case Western University, parks, shopping, world renown hospital systems: University Hospitals and Cleveland Clinic, museums and more!

Full Property Details for 1615 Ridgefield Rd

General

  • Price: $619,000
  • Taxes: $19,200 (2023)
  • Status: Pending
  • Type: Apartment
  • Source: 505
  • MLS ID: 5125616
  • Updated: 3/10/2026
  • Added to Site: 147 day(s) ago

Parking

  • Total Spaces: 25
  • Parking Features: Asphalt, Parking Lot, On Street

Location

  • County: Cuyahoga
  • Township: Cleveland Heights
  • Subdivision: Euclid 09
  • Driving Directions: North of Mayfield Road, West of Lee Road, Off of Superior.

School Information

  • Elem School District: Cleveland Hts-Univer - 1810
  • Midd School District: Cleveland Hts-Univer - 1810
  • High School District: Cleveland Hts-Univer - 1810

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Basement: Yes
  • Basement Desc.: Other
  • Roof: Other, Spanish Tile
  • Stories/Levels: 3
  • Year Built: 1930
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1401
  • Lot Size: .1401
  • Lot Size Source: Public Records

Financial Considerations

  • Operating Expenses: $14,947
  • Tax Amount: $19,200
  • Tax Year: 2023
  • Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: 47 RIDGEF RD 0014 ALL
  • Property ID: 684-03-033

Listed by Coldwell Banker Schmidt Realty, Leilani M Bowersock

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Listing agent

— 1615 Ridgefield Rd —

  • Leilani M Bowersock

    Coldwell Banker Schmidt Realty

leilani7b@gmail.com, 440-570-9514

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 1615 Ridgefield Rd

School District:Cleveland Heights-University Heights City School District
NameGradesDistance
Roxboro Elementary School
2405 Roxboro Road, Cleveland Heights, OH 44106
K-51.7 mi
Roxboro Middle School
2400 Roxboro Road, Cleveland Heights, OH 44106
6-81.7 mi
Cleveland Heights High School
13263 Cedar Road, Cleveland Heights, OH 44118
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1615 Ridgefield Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/17/2025
Price Reduced
$619,000
-0.96%
MLS
10/16/2025
Listed
$625,000
—
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 1615 Ridgefield Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,149
-1%
$135,310
2%
2023
$18,399
-4%
$133,010
—
2022
$19,184
1%
$133,010
—
2021
$18,965
39%
$133,000
46%
2020
$13,660
3%
$90,930
—
2019
$13,229
—
$90,930
—
2018
$13,197
-8%
$90,930
-3%
2017
$14,367
2%
$93,800
—
2016
$14,124
6%
$93,800
—
2015
$13,308
4%
$93,800
—
2014
$12,840
4%
$93,800
—
2013
$12,366
—
$93,800
—
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 Coldwell Banker Schmidt Realty, Leilani M Bowersock

1615 Ridgefield Road, Cleveland Heights, OH 44118 (MLS# 5125616) is a Apartment property. 1615 Ridgefield Road is currently listed for $619,000 and was received on October 16, 2025. Want to learn more about 1615 Ridgefield Road? Do you have questions about finding other Apartment real estate for sale in Cleveland Heights? You can browse all Cleveland Heights real estate or contact a Coldwell Banker agent to request more information.

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