Map location of 1683 Colonial Drive, Cleveland Heights, OH 44118
$345,000
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1683 Colonial Drive, Cleveland Heights, OH 44118

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7 Beds
3 Baths
2,799 Sq Ft

Investors dream meets house-hackers paradise! This fully updated three-unit gem is just minutes from the vibrant Coventry Village, offering both strong returns and endless flexibility. The first-floor unit is a spacious 3-bed, 1-bath leased for $1,500/month, while the freshly vacated second-floor 3-bed, 1-bath (previously rented at $1,800/month) is move-in ready, perfect for an owner-occupant to live in comfort while your tenants pay the mortgage. The third unit, a charming 1-bed, 1-bath Airbnb/midterm rental, averages $1,500/month, giving you multiple income streams and short-term rental upside. Once fully occupied, enjoy an impressive 10%+ cap rate and nearly 15% cash-on-cash return, a true turnkey opportunity whether youre adding to your portfolio or diving into your first investment. With modern updates, central air, reliable income, and unbeatable proximity to shops, dining, and nightlife, this property delivers financial freedom and lifestyle flexibility in one rare package. *Note - County auditor website states that there are 4 bedrooms and 2 bathrooms but the owner states that there are 7 bedrooms and 3 bathrooms.

Listing By: Tal Tamir - Russell Real Estate Services ohneoh Realty.com
  • MLS# 5168272
  • Date Listed11/10/2025
  • Days on Realty 8 Days
  • Bedrooms 7
  • Bathrooms 3 Full baths
  • Lot Size 0.11 acres (4,792 sq. ft)
  • Sewer Public Sewer
  • Subdivision Minor Heights
  • Property Type Triplex
  • County Cuyahoga
  • Year Built 1912
  • Water Public
  • Square Feet 2,799 sq. ft
  • Price Per Sq. Ft $123.26

Interior Features

  • Cooling None, Central Air
  • Heating Forced Air

Exterior / Lot Features

  • Roof Asphalt, Shingle
  • Lot Size Acres 0.11
  • Lot Size SQFT 4,791.60
  • Lot Features -

Directions

South of Mayfield Rd

Financial Considerations

  • Tax Amount $9,662
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Almira Pk-8 Academy

Public • PK - 8 • Serves this home

14.19 mi

Distance

Robinson G Jones School

Public • PK - 8

18.6 mi

Distance

Valley View Boys Leadership Academy

Public • PK - 8

19.53 mi

Distance

Douglas Macarthur Girls Leadhership Academy

Public • PK - 8

20.2 mi

Distance

Clara E Westropp School

Public • PK - 8

20.55 mi

Distance

The School Of One

Public • 7 - 12 • Serves this home

17.55 mi

Distance

Lincoln West School Of Science & Health

Public • 9 - 12 • Serves this home

11.08 mi

Distance

Facing History New Tech High School

Public • 9 - 12

13.19 mi

Distance

John Marshall School Of Information Technology

Public • 9 - 12

17.2 mi

Distance

Bard High School Early College Cleveland West

Public • 9 - 12

17.55 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in OH / 44118

Source: Walkscore

58/100

Somewhat Walkable

Walk Score ®

37/100

Some Transit

Transit Score ®

49/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 44/100, Transit Score: 34/100, Bike Score: 43/100.

Points of Interest near 1683 Colonial Drive, Cleveland Heights, OH 44118

Frequently Asked Questions for 1683 Colonial Drive

Source: Realty.com

1683 Colonial Drive, Cleveland Heights, OH 44118 is a Triplex, Residential Income property listed for $345,000 The property is 2799 sq. ft with 7 bedrooms and 3 bathrooms

Realty.com has 50 photos of 1683 Colonial Drive.

Our records indicate that 1683 Colonial Drive was built in 1912.

The full address for this home is 1683 Colonial Drive, Cleveland Heights, OH 44118.

1683 Colonial Drive has been listed on Realty.com since Mon November 10, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 44/100, Transit Score: 34/100, Bike Score: 43/100.

There are 3 schools assigned to this home. Check out the schools near 1683 Colonial Drive. Almira Pk-8 Academy (Grades: PK - 8), The School Of One (Grades: 7 - 12), Lincoln West School Of Science & Health (Grades: 9 - 12)

Listing provided courtesy of: Russell Real Estate Services (tel: 440-572-3100)
Listing agent: Tal Tamir (tel: 216-870-8687) (#2018001908)

This content last refreshed on 2025-11-18 20:14:22. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1683 Colonial Drive, Cleveland Heights, OH 44118 : MLS# 5168272

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