Noble Park Allotment Homes for Sale

Welcome to Noble Park Allotment, an enchanting subdivision nestled in the heart of Cleveland Heights, Ohio. This vibrant community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike. With its tree-lined streets and charming homes, Noble Park Allotment exudes a warm, welcoming atmosphere that draws you in.

The subdivision boasts a diverse range of homes for sale, each with unique architectural styles and modern amenities. From cozy bungalows to spacious two-story residences, there’s something to suit every taste and budget. Many of these homes feature beautifully landscaped yards, inviting porches, and updated interiors, ensuring that you can find the perfect space to call your own.

Noble Park Allotment is not just about beautiful homes; it's also about community. Residents enjoy easy access to an array of local parks, recreational facilities, and vibrant shopping districts. The nearby Cleveland Heights community offers excellent schools, delectable dining options, and a rich cultural scene, making it easy to embrace a fulfilling lifestyle.

Transport links are abundant, with major highways and public transit options just a stone's throw away, allowing for seamless commutes to downtown Cleveland and beyond. Whether you’re looking to invest in your first home or seeking a peaceful place to retire, Noble Park Allotment presents an exceptional opportunity to experience the best of Cleveland Heights living. Don’t miss out on the chance to discover your dream home in this charming neighborhood!

Newest Noble Park Allotment Homes for Sale

$200,000

3 Beds ⋅ 1 Baths ⋅ 5224511 MLS

Priced at $200,000/ house part of a turnkey 16-property single-family rental portfolio across highly desirable Cleveland East suburbs including South Euclid, Cleveland Heights, Lyndhurst, Mayfield Heights, and Cleveland. Offered as a package at $3,200,000. This stabilized portfolio includes 16 individual single-family homes with established rental history, strong tenant demand, and immediate cash flow from day one. Current rent roll reflects approximately $33,685/month in scheduled rental income ($404,220 annually). Based on provided income and property taxes, the portfolio produces approximately $344,121 NOI, representing an attractive 10.75% cap rate at the asking price (buyer to verify all expenses and financials). Many properties feature updates, desirable layouts, and tenant-friendly amenities including updated finishes, and central air at many locations. These homes are strategically located near major employment centers, shopping, dining, parks, schools and transportation, making them ideal long-term rental assets. Portfolio Highlights: • 16 Single-Family Rental Homes • $33,685/month rental income • $404,220 gross annual income • Approx. 10.75% cap rate based on provided rent roll • Stabilized tenant base • Renovated and income-producing assets • Strong Cleveland suburban rental markets • Excellent opportunity for investors seeking scale and diversification Included properties: 6601 Ridgeview Rd Mayfield Heights; 4011 Lancaster Rd South Euclid; 7220 Deveny Ave Cleveland; 1171 Quilliams Rd Cleveland Hts; 956 Nobleshire Rd Cleveland Hts; 857 Quarry Dr Cleveland Hts; 4033 Stonehaven Rd South Euclid; 4241 Verona Rd South Euclid; 1513 Westdale Rd South Euclid; 4187 Stilmore Rd South Euclid; 4218 Stilmore Rd South Euclid; 4198 Eastway Rd South Euclid; 1799 Wrenford Rd South Euclid; 4349 Ardmore Rd South Euclid; 4847 Farnhurst Rd Lyndhurst; 1509 Maple Rd Cleveland Hts. Call today for additional details!

956 Nobleshire Road, Cleveland Heights

Listing Courtesy of: Jesse R Kracht, jessek.cst@gmail.com With Russell Real Estate Services

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