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2521 Noble Rd
Cleveland Heights, OH 44121
Multifamily Property For Sale
·
12 Units
Executive Summary
Welcome to this updated 12-unit multifamily investment opportunity, ideally located . The L-shaped building features three separate addresses. 989 Oxford Rd, 2521 Noble Rd, and 2525 Noble Rd with 2521 Noble Rd serving as the main address for county records and water/sewer services. Unit Breakdown: 4 One-Bedroom Units: Located at 989 Oxford Rd, Units A1 through A4 ,8 Two-Bedroom Units: 2521 Noble Rd, Units B1 through B4 2525 Noble Rd, Units C1 through C4, Building Features: Separately metered gas and electric for each unit, Individual furnaces in each unit for tenant-controlled heating, Three shared laundry rooms, one for each 4-unit section, each housing a water heater (one replaced in March 2025), 12 garages plus a maintenance shed, New roof installed in 2024, All new windows throughout the building. Complete interior remodels in every unit, including: New flooring, Updated walls and finishes, Modern fixtures and lighting, New appliances.
Property Facts Under Contract
| Price Per Unit | $150,612 CAD | Lot Size | 0.54 AC |
| Sale Type | Investment | Building Size | 12,012 SF |
| No. Units | 12 | Average Occupancy | 42% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1955 |
| Apartment Style | Low-Rise | Parking Ratio | 1/1,000 SF |
| Building Class | C | ||
| Zoning | Multifamily | ||
| Price Per Unit | $150,612 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 12,012 SF |
| Average Occupancy | 42% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1/1,000 SF |
| Zoning | Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 8 | - | - |
Property Taxes
| Parcel Number | 682-13-046 | Improvements Assessment | $202,910 CAD |
| Land Assessment | $39,901 CAD | Total Assessment | $242,811 CAD |
Property Taxes
Parcel Number
682-13-046
Land Assessment
$39,901 CAD
Improvements Assessment
$202,910 CAD
Total Assessment
$242,811 CAD
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