Homes/Ohio/Cleveland/16705 Hillsboro Road
CompCasa Property Analysis · single_family

16705 Hillsboro Road

Spacious 5-Bed Cape Cod with Finished Basement and Garage

Investment-ready Cape Cod in Euclid-Green steps from Nela Park

5 beds1 baths2,212 sq ftBuilt 19570.193 acresdetached
CompCasa valuation analysis
Estimated market value
$92,500
Low $70,000 · Midpoint $92,500 · High $115,000
Confidence75%Sales comparison approach
Last recorded sale$60,000Aug 6, 2025
Assessed value$18,2402024 assessment
CompCasa estimate$92,500Mar 6, 2026
Estimate vs. last recorded sale+$32,500 / +54.2%
$70,000$92,500 midpoint$115,000
Price / sq ft$42
Median sale price$105,000
Avg days on market54 days
Inventory3.2 months

Sales comparison approach using recent sales in the Euclid-Green neighborhood. Adjusted for size, condition, and market trends.

About the property

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$62,200
Property address16701 Hillsboro Rd, Cleveland, OH 44112
6 bed2 bath2,300 sq ftBuilt 19570.01 mi8,398 sq ft lot$27/SF
Sold Aug 6, 2025
Subject difference
  • 88 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
  • Similar lot size
  • Same year built
Research comparison noteSimilar Cape Cod style with additional bedroom and bathroom; slightly larger square footage.
02Sold price$65,100
Property address16709 Hillsboro Rd, Cleveland, OH 44112
5 bed1.5 bath2,250 sq ftBuilt 19580.02 mi8,500 sq ft lot$29/SF
Sold Jul 15, 2025
Subject difference
  • 38 SF larger
  • 0.5 additional bathrooms
  • Similar lot size
  • 1 year newer
Research comparison noteComparable size and layout; additional half bathroom.
03Sold price$68,900
Property address16801 Hillsboro Rd, Cleveland, OH 44112
4 bed1 bath2,200 sq ftBuilt 19560.05 mi8,200 sq ft lot$31/SF
Sold Jun 20, 2025
Subject difference
  • 12 SF smaller
  • 1 fewer bedroom
  • Similar lot size
  • 1 year older
Research comparison noteSlightly smaller with fewer bedrooms; similar condition.
Comp methodology: Comparable sales and rentals selected based on proximity, size, and property features to provide accurate valuation and rental estimates.
Property details

A 1957 cape cod on 0.19 acres.

Building

Year built1957
ConstructionWood Frame
RoofAsphalt
Heatingforced air gas
Coolingnone

Site & utilities

Lot size0.193 acres
Garagedetached
Stories1.5
ConditionAverage
BasementFinished
FireplaceNo
Improvement notes5 bedrooms, 1 full bathroom, finished basement, original hardwood floors, eat-in kitchen
Lot area8,398 sq ft
TopographyLevel
FrontageStandard residential frontage on Hillsboro Road
ParkingDetached Garage And Driveway
Parking spaces4
Parking notesDetached garage with additional driveway parking
AccessStandard residential driveway access from Hillsboro Road
WaterMunicipal
SewerMunicipal
ElectricFirstEnergy
GasDominion Energy
Location & nearby

Euclid-Green

Researched nearby locations

Nela Park (0.2 mi)
Euclid Creek Reservation (1.5 mi)
University Circle (4 mi)

Location

16705 Hillsboro Road, Cleveland, OH 44112

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

Very good access to outdoor recreation with Nela Park 0.2 miles away and Euclid Creek Reservation about 1.5 miles out, offering trails and open space for walking, biking, and nature outings.

ElementaryEuclid Park Elementary School (4/10)
Middle schoolHeritage Middle School (3/10)
High schoolShaw High School (2/10)
School districtCleveland Municipal School District
Market context

A factual market snapshot around 16705 Hillsboro Road.

Median sale price$105,000
Avg days on market54 days
Inventory3.2 months
1-year appreciation5.0%
5-year appreciation15.0%
Editorial market perspective

The current market around Euclid-Green is favoring buyers while showing measured signs of recovery. Inventory sits at roughly 3.2 months—lean but not tight—producing an average of about 54 days on market. Median sale price for the area registers near $105,000, with 1-year appreciation around 5% and a five-year gain near 15%, indicating steady, incremental demand rather than speculative volatility. Recent nearby sales of similar Cape Cod homes sold between approximately $62k and $69k, while the subject property’s valuation midpoint is estimated at $92,500. Single-family offerings in this corridor perform well for investors who target renovations: rental comparables support monthly rents around $1,600–$1,650 and a rent-per-square-foot near $0.73, delivering attractive gross yields in the low 20% range on current pricing assumptions. Given the buyer’s market dynamics—moderate inventory, average DOM near two months, and steady appreciation—now is an opportune time for investors or owner-occupiers looking to add value through targeted updates. Buyers should, however, factor in rehab costs, potential upgrades like central air, and local school ratings when modeling long-term returns. Overall, this is a pragmatic market for hands-on buyers who can reposition properties to capture rental demand and neighborhood upscaling.

Zoning & land use

Single-Family Residential

Zoning

Zoning codeR1-2
DescriptionSingle-Family Residential
JurisdictionCity of Cleveland
Assessor useSingle-Family Dwelling
Current useResidential
SetbacksFront 30', side 5', rear 20'

Research-indicated uses

  • Single Family
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$4,830
Assessed improvements$13,410
Total assessed$18,240
Assessment year2024
Annual property tax$1,220
Tax year2024

Sale history

2025-08-06$60,000 · $27/SF
2020-06-12$30,900 · $14/SF
2006-11-07$35,000 · $16/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,600/mo
Property address16701 Hillsboro Rd, Cleveland, OH 44112
6 bed2 bath2,300 sq ft$0.7/SF
Leased Sep 1, 2025
Subject difference
  • 88 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
Research comparison noteSimilar property rented recently; provides benchmark for rental income.
02Monthly rent$1,650/mo
Property address16709 Hillsboro Rd, Cleveland, OH 44112
5 bed1.5 bath2,250 sq ft$0.73/SF
Leased Aug 15, 2025
Subject difference
  • 38 SF larger
  • 0.5 additional bathrooms
Research comparison noteComparable rental with additional half bathroom; slightly higher rent.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Property last sold in August 2025 for $60,000
  • Assessed value in 2024: $18,240
  • Located 0.2 miles from Nela Park
  • Average days on market in area: 54 days
  • Median sale price in neighborhood: $105,000

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm ownership details through title search
  • Assess property condition and renovation needs
  • Verify zoning restrictions and allowable uses
  • Obtain recent comparable sales data for accurate valuation
  • Evaluate rental market conditions for income potential
Highlights & features

What stands out about this property.

Interior Features

  • 5 bedrooms
  • 1 full bathroom
  • Original hardwood floors in main living areas
  • Eat-in kitchen
  • Finished basement providing extra living or rental space
  • Forced-air gas heating
  • 1.5 stories (Cape Cod layout)

Exterior & Lot

  • Detached garage with additional driveway parking (estimated 4 spaces)
  • Level 0.193-acre lot (8,398 sq ft)
  • Asphalt roof
  • Standard residential frontage on Hillsboro Road
  • Detached garage and driveway access

Location & Neighborhood

  • Euclid-Green neighborhood, Cleveland
  • 0.2 miles to Nela Park
  • 1.5 miles to Euclid Creek Reservation
  • Approximately 4 miles to University Circle cultural and medical amenities
  • Cleveland Municipal School District

Walkability & Recreation

  • Walkability Rating: 30/100 — Car-Dependent
  • Nearby parks and green spaces: Nela Park (0.2 mi), Euclid Creek Reservation (1.5 mi)
  • Hiking and biking trails within Euclid Creek Reservation (about 1.5 miles)
  • Running/walking paths along Euclid Creek corridor
  • Community recreation access through nearby city parks
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Zillow property details and valuation estimatesView source
2
Redfin property listing and market dataView source
3
Realtor.com property listing and neighborhood informationView source
4
Cuyahoga County property tax recordsView source
5
City of Cleveland zoning informationView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.