Listed By
Agency Name: Russell Real Estate Services
Agency Contact: matt@clevelandohiorealtor.com, 440-228-7164
Shown By
Agent Name: Anestis Kalagidis
Agent Phone: Cell: (614) 395-6377
Agency Title: Cutler Real Estate
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Property Description
Rare multifamily opportunity in highly sought-after Rocky River! Whether you are looking to expand your investment portfolio or owner-occupy while generating income, this well-maintained property offers flexibility, strong rental potential, and an unbeatable location. The property features large open floor plans, spacious bedrooms, and a classic brick exterior with numerous recent updates already completed for the next owner. Recent improvements include a remodeled lower unit featuring new paint, flooring, kitchen cabinets, butcher block countertops, and updated bathroom finishes including new cabinetry and flooring. Additional major updates include a new upstairs A/C unit (June 2025), two new hot water tanks (June 2025), and a new garage roof completed in 2024. Current income potential is already established with one long-term tenant paying $1,250/month, while the second unit is currently operated as a successful mid-term rental generating approximately $1,700/month with consistent occupancy. Ideally located just minutes from downtown Cleveland, highway access, shopping, dining, parks, and everything Rocky River has to offer. Opportunities like this in one of Northeast Ohio's most desirable communities do not come around often.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Central Air
Garage: 2
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $6,600 / year
Year Built: 1951
Feature Descriptions
Exterior: Brick
Parcel#: 304-18-036
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Rocky River City
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Estimated Payment
$ 2,715.53 per month $2,049.15 Principal & Interest $550.00 Property Tax $116.38 Homeowner's InsuranceChange Payment Information
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19658 Hilliard Boulevard | MLS# 5210405
This multi-family property located at 19658 Hilliard Boulevard, Rocky River, OH 44116 is currently listed for sale with an asking price of $399,000. Hilliard Boulevard is located within the Rocky River City school district. Search Rocky River real estate on www.neskalagidis.com today.