Spacious 5-Bed Cape Cod with Finished Basement and Garage

This classic Cape Cod at 16705 Hillsboro Road presents a rare combination of generous room count and clear upside in Cleveland’s Euclid-Green neighborhood. Built in 1957, the 1.5-story house offers 2,212 square feet with five bedrooms, original hardwood floors that run through the main rooms, an eat-in kitchen, and a finished lower level that expands usable living space for family living or rental unit conversion. The detached garage and driveway provide parking for multiple vehicles on a level 0.193-acre lot.

Touring the interior, you notice intact mid-century details and a layout that rewards selective updating: a full bathroom serving the five bedrooms, large common rooms, and a basement finished to accommodate a rec room or home office. Mechanical systems include forced-air gas heating; the property currently has no central air, which is a practical renovation item for modernizing the home. Condition is described as average—functional, with clear opportunities for value-adding improvements.

Outside, the property sits on a standard residential frontage along Hillsboro Road, close to local employers and green spaces. Nela Park is only 0.2 miles away and Euclid Creek Reservation about 1.5 miles, giving easy access to trails and open space. The detached garage and additional driveway parking make the site flexible for owner-occupants or investors planning multi-tenant configurations.

From an investment perspective, recent local sales and rental comps support strong rental yield potential: rent estimates are about $1,600–$1,650/month with a rent-per-square-foot benchmark near $0.73 and a gross rental yield above 20% on current valuations. The home sold in August 2025 for $60,000 and current valuation analysis places a midpoint near $92,500, while neighborhood median sale price sits near $105,000. With the area showing modest appreciation over five years and signs of neighborhood revitalization, this property is well-positioned for investors or buyers willing to renovate and capture near-term upside.

Vacant and easy to show, 16705 Hillsboro Road is a hands-on opportunity: preserve the character where it shines, upgrade systems and finishes where needed, and market the location—close to Nela Park and Euclid Creek—for tenants or families seeking affordable space in Cleveland. Buyers should verify condition, title, and local zoning prior to purchase; contact the listing agent to schedule a tour and discuss renovation pathways and rental projections.

Euclid-Green is a residential Cleveland neighborhood showing gradual revitalization and proximity to notable assets. The area benefits from being within walking distance of Nela Park and a short drive to Euclid Creek Reservation for outdoor recreation. Local demographics indicate a stable population and modest income growth; many buyers are drawn to the affordability and renovation potential of older homes here. Residents have relatively easy access to University Circle's cultural institutions within a short drive, while neighborhood retail and services are primarily accessed by car. The community is served by Cleveland Municipal School District schools, and buyers frequently weigh school options alongside renovation strategies when evaluating properties.