3326 East Overlook Rd, Cleveland Heights, OH 44118
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About this home
TURNKEY and NEWLY RENOVATED cash flowing investment property. THREE rental units, all occupied and paying strong market rents. Buyer receives immediate, healthy income upon transfer. New upgraded electrical throughout. EVERY SUITE contains all new modern kitchen, stainless appliances, in-unit washer/dryer, upgraded fixtures, granite countertops, fully renovated bathroom, tile/glass walk-in shower, luxury vinyl flooring, keyless entry and private garage. Located across the street from Cain Park in beautiful Cleveland Heights, "The Overlook" residents enjoy everything they need to live, play and work at home. Minutes from Cleveland's University Circle, restaurants, shopping, hospitals, museums, recreation and transit. CURRENT ACTUAL RENT ROLL - All units rented through Spring of 2027 First Floor ($1,980 monthly rent) - 2+ bedroom, 1 bath, 1,409 sq ft Second Floor ($1,750 monthly rent) - 2+ bedroom, 1 bath, bonus enclosed porch - 1,344 sq ft Third Floor ($1,250 monthly rent) - 1 bedroom, 1 bath - 624 sq ft
Large 3 unit multi family home located at the corner of Goodnor and East Overlook, only 50 yards away from Cain Park in Cleveland Heights. The property is well built and ready for immediate occupancy. Fresh paint, new flooring, new porches. Immediate cash flow because second floor tenant pays $1,400 per month and third floor unit is rentef. First and second floor units have large living rooms, dining rooms and bedrooms with two additional sunrooms. Newer mechanicals. Three electrical meters, three separate water heaters and three furnaces, so each tenant pays his/her own utilities. 3 car detached garage. Minimal Cleveland heights POS items remain.
MLSNOW #4501904
Dec 18, 2023
Sold
$195,000
$58/sq ft
Nov 14, 2023
Pending
—
Nov 2, 2023
Listed
$199,900
$59/sq ft
MLSNOW #839319
Mar 31, 1997
Sold
$113,000
$33/sq ft
Mar 30, 1997
Listing Removed
—
Sep 22, 1996
Listed
$124,500
$37/sq ft
Public Records
May 16, 1988
Sold
$72,500
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,392 (−2.0%)
$11,970 + $63,670
$75,640
2024
$6,525 (+10.5%)
$11,970 + $63,670
$75,640
2023
$5,906 (+6.3%)
$7,910 + $41,760
$49,670
2022
$5,558 (+2.0%)
$7,910 + $41,760
$49,670
2021
$5,451 (+11.7%)
$7,910 + $41,760
$49,670
2020
$4,878 (+5.6%)
$6,370 + $33,670
$40,040
2019
$4,618
$6,370 + $33,670
$40,040
2018
$4,621 (−17.3%)
$6,370 + $33,670
$40,040
2017
$5,584 (+3.9%)
$6,480 + $37,140
$43,620
2016
$5,372 (+8.9%)
$6,480 + $37,140
$43,620
2015
$4,934 (−6.9%)
$6,480 + $37,140
$43,620
2014
$5,302
$6,970 + $39,940
$46,910
Public record
Public record
Zoning
Permits
Beds
6
Baths
3
Stories
2.5
Lot width
40 ft.
Lot depth
150 ft.
Lot size
6,000 Sq. Ft.
Year renovated
1962
Sq. Ft.
3,377
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
68701063
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
A
Single Family Residential District
Cleveland Heights is a City primarily consisting of single-family residences, most of which are owner-occupied. Single-family residences are extremely sensitive to adverse effects from other land uses and require high standards for occupancy and use of the principal building as well as location and use of accessory buildings if these areas are to be maintained and to continue to be good places in which to live. In addition, certain parts of Cleveland Heights have been developed primarily with two-family residences having a similar character to the single-family districts, and it is appropriate that there be a zoning district for this distinctive use. Single-family and two- family district regulations are established to achieve the following particular objectives: (a) The AA Single-Family District is established to provide for single-family residential uses with a minimum lot size of 15,000 square feet, compatible with the existing larger lot developments in areas so defined, as a means of preserving the unique character of these areas.;(b) The A Single-Family District is established to provide for single-family residential uses on smaller lots with a minimum of 7500 square feet.; (c) The B Two-Family District is established to permit single-family units on lots with a minimum of 7,500 square feet and two-family residential uses with a minimum lot size of 10000 square feet.; (d) To encourage as a conditional use flexible residential development to promote creative and efficient use of land through unified development.;(e) To regulate the location and lot coverage of accessory uses, buildings and structures so as to permit such uses to be established and maintained in a manner which makes them compatible with the existing residential neighborhoods.; (f) To encourage sustainable development and practices in residential neighborhoods.
Sep 26, 2024 • Active
Plumbing
Remove and replace a water heater.
Plumbing
Water heater
Sep 18, 2024 • Active
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.