$575,000

2420 Overlook Road, Cleveland Heights, OH 44106

  • 5 beds |
  • 5 baths |
  • 3,484 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1917
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $165/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
February 16, 2026 at 7:19AM
Listing Office:
Platinum Real Estate : 888-974-7253
Listing Agent:
Katie McNeill : 440-796-5506
MLS ID:
5186047
  • Laundry: In Basement
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Forced Air
  • Parking: Additional ParkingDetached CarportParking LotOn Street
  • Roofing: Asphalt
  • General: Brick3
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Hts-Univer - 1810
  • County: Cuyahoga
  • Zoning: 405 EUCHTS &S/L44 WP 0043 EP685-04-012
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Katie McNeill , Platinum Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Roxboro Elementary School

2405 Roxboro Rd, Cleveland, OH, 44106

Grades KG-5

0.98 miles away

R

Roxboro Middle School

2400 Roxboro Rd, Cleveland, OH, 44106

Grades 6-8

0.94 miles away

C

Cleveland Heights High School

13263 Cedar Rd, Cleveland Heights, OH, 44118

Grades 9-12

1.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.