16308 Nela View Road, Cleveland, OH 44112
Euclid-Noble Dev Compa · Cuyahoga County
Key Facts
Description
Rare opportunity to purchase a fully occupied multifamily package consisting of two duplex properties. Strong in-place rental income with established tenants and continued upside potential. Ideal for investors seeking immediate cash flow and portfolio growth. Package sale preferred. Tenant rights apply; please do not disturb occupants. Showings will be limited to approved access times or after accepted offer. Listed as package with MLS#5189386. Package price $269,000
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1920
Lot Size
0.10 acres
Garage Spaces
2
Days on Market
1
MLS® Listing#
5209133
Property Features
Cooling
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$1,341
Tax year 2025
Parcel Number
673-17-042
Directions
From Downtown Cleveland: Take I-90 E to the Noble Rd exit. Continue south on Noble Rd, then turn left onto Nela View Rd. Property will be on the right at 16308 Nela View Rd, East Cleveland, OH 44112. From University Circle/Cleveland Heights: Take Euclid Ave eastbound to Noble Rd, turn left onto Noble Rd, then left onto Nela View Rd. Property will be on the right.
Affordability Calculator
$32,000
Estimated monthly payment
$852/mo
Principal $128,000 · Est. interest $178,571 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cleveland, OH
- 49
- Median Days on Market
- 1,821
- Median Sq Ft
- $98
- Median Price / Sq Ft
- 1,402
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Cleveland, OH.
Location
Points of Interest in Cleveland, OH
Showing the Cleveland area map.
Nearby Schools
Caledonia Elementary School
Elementary · 0.4 mi away
Apex Academy
School · 0.5 mi away
Oxford Elementary School
Elementary · 0.7 mi away
Monticello Middle School
Secondary · 0.7 mi away
Carl B. Stokes Early Learning Center
School · 0.9 mi away
Shaw High School
Secondary · 0.9 mi away
Prospect Elementary School
Secondary · 1.0 mi away
Euclid Park Elementary School
Elementary · 1.0 mi away
Collinwood High School
Secondary · 1.3 mi away
Noble Elementary School
Elementary · 1.3 mi away
Chambers Elementary School
Elementary · 1.3 mi away
Lutheran High School East
Secondary · 1.3 mi away
Heritage Middle School
Secondary · 1.3 mi away
Kenneth W Clement
Elementary · 1.4 mi away
Mayfair Elementary School
Elementary · 1.5 mi away
Saint Josephs School
School · 1.5 mi away
Lake Erie College Preparatory School
Primary School · 1.5 mi away
Indian Hills Elementary School
Elementary · 1.5 mi away
George L Forbes Early Learning Ctr
School · 1.6 mi away
Horizon Montessori School
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1965 Nelawood Road, Cleveland, OH | $114,900 | 5 | 3 | — |
| 2346 E 82nd Street, Cleveland, OH | $115,000 | 8 | 4 | 1,872 |
| 626 E 125th Street, Cleveland, OH | $115,000 | 6 | 2 | — |
| 12013 Gay Avenue, Cleveland, OH | $115,000 | 5 | 2 | 3,198 |
| 4234 E 111th Street, Cleveland, OH | $115,000 | 5 | 1 | 1,380 |
| 7705 Star Avenue, Cleveland, OH | $115,000 | 5 | 2 | 3,498 |
Moving Cost Estimate
EXIT Agents in Cleveland
Listing Courtesy: Century 21 Premiere Properties, Inc. - 216-455-7677, ppoffice.admin@century21.com
Last Updated: 2026-05-11