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2420 Overlook Road
Cleveland Heights, OH 44106

$575,000 - Status: Pending
SQFT: 3,484
MLS# 5186047

Welcome to 2420 Overlook Rd, a fully updated triplex located in the highly sought-after Little Italy neighborhood of Cleveland, just moments from University Circle and minutes from Cleveland Heights amenities. This property presents a rare opportunity for both investors and owner-occupants. Two of the three units are currently leased, generating $2,650 per month, with one unit vacant and ready for immediate occupancy or lease-up. Based on strong rental demand in the area, the vacant unit has excellent income potential at approximately $1,850 per month, bringing projected total income to $4,500 per month and potentially more. The building has been fully updated and meticulously maintained. A major capital improvement includes conversion to forced-air furnaces with central A/C in all units ? a highly desirable feature for tenants and a significant upgrade compared to many properties in the area. Located in one of Cleveland's strongest rental corridors, this property benefits from proximity to University Hospitals, Case Western Reserve University, restaurants, cafes, and the vibrant culture of Little Italy ? supporting consistent tenant demand and long-term appreciation. For added peace of mind, the City of Cleveland Heights Point of Sale inspection will be completed prior to title transfer. Package Opportunity Available: The seller is also offering the neighboring property ? another fully updated 3-unit building ? which can be purchased separately or together as a package deal. This presents a rare chance to control six side-by-side units in a premier location, creating operational efficiencies and strong long-term portfolio positioning. Whether you're looking to house-hack in a prime location or acquire a high-performing asset with upside, 2420 Overlook Rd offers flexibility, stability, and growth potential.

Property Features

MLS#: 5186047
Zip: 44106
Subdivision: Euclid Heights
Development: Cleveland Heights
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Central Air
Days on Site: 67
Garage: 2
Heating: Forced Air
Lot Size: 0.44 acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $11,776 / year
Year Built: 1917

Feature Descriptions

Exterior: Brick
Laundry: In Basement
Parcel#: 685-04-012
Parking: Additional Parking, Detached Carport, Parking Lot, On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Hts-Univer - 1810

2420 Overlook Road | MLS# 5186047

This multi-family property located at 2420 Overlook Road, Cleveland Heights, OH 44106 is currently listed for sale with an asking price of $575,000. Overlook Road is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland Heights real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Platinum Real Estate
Agency Contact: katie@thekatiemcneillteam.com, 440-796-5506

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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