Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Schmidt Family of Companies

2420 Overlook Road, 
Cleveland Heights, OH 44106

$397,200


5

Beds


5

Baths


3,484

Sq Ft


Multi-Family

Sold

Listed by

Katie Mcneill

David Sladewski

Bought with Non-Member

Platinum Real Estate

888-974-7253

MLS#

5186047

Source:

OH NORMLS

Sorry, we are unable to map this address

About This Home

2420 Overlook Road

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.

Home Facts

Multi-Family

5 Baths

5 Bedrooms

Built in 1917

Price Summary

575,000

$165 per Sq. Ft.

MLS #:

5186047

Sold:

May 19, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

3

Interior

Living Area:

3,484 Sq. Ft.


Structure

Structure

Building Area:

3,484 Sq. Ft.

Year Built:

1917


Lot

Lot Size (Sq. Ft):

19,379


Finances & Disclosures

Finances

Price:

$575,000

Price per Sq. Ft:

$165 per Sq. Ft.

MLS Logo
The information being provided by Mls Now is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Mls Now All rights reserved.