Vision Sales Team

2420 Overlook Road

Cleveland Heights , OH 44106

MLS#: 5186047

$575,000

Status: Active
Listing number: 5186047
Listing provided by: Platinum Real Estate
Listing agent phone: None
Last update: 11 days ago
On site: 14 days ago
Browse Properties
Euclid Heights - Residential Income

Property

Beds

5

Full Baths

3

1/2 Baths

2

Year Built

1917

Sq.Footage

3,484

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.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    3

  • 1/2 Bathrooms

    2

  • Above Grade Finished Area

    3484.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Brick

  • Parking

    Additional Parking, Detached Carport, Parking Lot, On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.4449

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $575,000

  • Tax Amount

    $11,776

  • Sq. Footage

    3, 484

  • Price/SqFt

    $165

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Hts-Univer - 1810

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Hts-Univer - 1810

Middle School

High School

Listing Courtesy of Katie McNeill , Platinum Real Estate

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Agent Carla Bolf

AGENT

Carla Bolf

Call Carla today to schedule a private showing.

(330) 814-6422

Carla@VisionSalesTeam.com


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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.

2420 Overlook Road

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Welcome to 2410 Overlook Rd, a fully updated and impeccably maintained triplex located in the highly desirable Little Italy neighborhood of Cleveland. This is a rare opportunity to acquire a stabilized, income-producing asset in one of the most sought-after rental pockets near Cleveland Heights and University Circle. The property is 100% occupied and currently generating $4,000 per month in rental income, with long term tenants. The true rents in the area are confidently $4,950! Each unit has been well cared for, with thoughtful updates throughout and strong tenant appeal. The building has been meticulously maintained, making this a true turnkey investment for both new and seasoned investors. Not to mention the newer roof, mechanicals, and electrical in the building making this truly turn key! Located just minutes from University Hospitals, Case Western Reserve University, and the vibrant restaurants, galleries, and culture of Little Italy, this property benefits from consistent rental demand and long-term appreciation potential. For added peace of mind, the City of Cleveland Heights Point of Sale inspection will be completed prior to title transfer. Investment Opportunity – Package Available: The seller is also offering the neighboring property — another 3-unit building — which can be purchased separately or together as a package deal. This presents a rare chance to control six total units side-by-side in one of the strongest rental corridors in the area. Whether you're looking to expand your portfolio or secure a stable asset in a prime location, this is an opportunity you don’t want to miss.
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