1602 Hillcrest Rd, East Cleveland, OH, 44118
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1919
Materials
- Roof: Asphalt,Fiberglass
- Construction materials: Frame,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full,Storage Space,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Finished area below ground: 1,294
- Finished area above ground: 3,235
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 4,529
- Total interior livable area: 4,529 sqft
Property
Details
- Parcel number: 67227044
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Private Yard
- Fencing: Partial
- Has view: Yes
- View description: City
Lot
- Lot size: 5,000 sqft
- Features: City Lot
Parking
- Total spaces: 2
- Parking features: Detached,Garage,Off Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $680 | $8,160 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $211 | $2,532 |
| Electricity | $485 | $5,828 |
| Total | $1,466 | $17,592 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Price change | $147,500 |
| 2026-03-31 | Price change | $149,900 |
| 2026-03-03 | Price change | $152,500 |
| 2026-01-16 | Price change | $155,000 |
| 2025-12-02 | Price change | $169,900 |
| 2025-11-18 | Price change | $175,000 |
| 2025-11-06 | Listed for sale | $179,900 |
| 2025-10-23 | Pending sale | $179,900 |
| 2025-10-17 | Listed for sale | $179,900 |
| 2024-12-17 | Sold | $62,000 |
View on Zillow