2521 Noble Rd
2521 Noble Rd, Cleveland Heights, OH 44121 | 12-Unit Multifamily – CLE Heights, OH
Tal Tamir
216-870-8687
2521 Noble Rd
$1,299,999
2521 Noble Rd, Cleveland Heights, OH 44121 | 12-Unit Multifamily – CLE Heights, OH
Fully Renovated Asset | Prime Location
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.
Investment highlights
12-unit multifamily | Desirable location
Attractive unit mix - 4 one-beds & 8 two-beds
New roof in 2024 & all-new windows
Complete interior remodels in every unit
Separately metered gas & electric
Individual furnaces in each unit
12 garage spots & a maintenance shed
Property Details:
Property Type: Multifamily
Sub Type: Single Family Rental Portfolio
Square Footage: 12,012
Units: 12
Broker Co-Op: Yes
Class: B
Year Built: 1955
Buildings: 1
Stories: 2
Acreage: 0.538
Investment Type: Stabilized
