Cleveland Heights Real Estate Search

Cleveland Heights Multi-Family Properties for Sale

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Newest Cleveland Heights Multi-Family Homes for Sale

3389 DESOTA Avenue, Cleveland Heights
$224,900
6 Beds ⋅ 2 Baths ⋅ 5250674 MLS
Welcome to 3389 Desota Ave, a beautifully maintained duplex offering classic character, extensive updates, immediate rental income, and excellent upside potential in a highly desirable location. The first-floor 3-bedroom, 1-bath unit is occupied by a long-term anchor tenant paying $900/month. The unit has been very well maintained and features new carpet, freshly painted kitchen cabinets, and new countertops. The upper unit is completely remodeled, vacant, and ready for immediate tenant placement. Updates include new LVP flooring, new carpet, new kitchen cabinets and countertops, a new bathroom vanity and shower surround, new light fixtures, and fresh paint throughout. Original charm remains with beautiful wood cabinetry and elegant leaded-glass cabinet doors in the dining room. Additional highlights include a cozy open-air front porch, vinyl windows throughout, newer dimensional-shingle roof, 2-car garage, and an unfinished third-floor attic offering potential for additional living space. The vacant upper unit is projected to rent for approximately $1,300–$1,400/month, creating potential total rental income of approximately $2,200–$2,300/month, or $26,400–$27,600 annually, once fully occupied. Location is a major highlight! The property is within walking distance of Coventry Village, placing tenants near an eclectic selection of restaurants, cafés, shops, entertainment, nightlife, and neighborhood amenities. Enjoy convenient access to University Circle, nearby universities, parks, cultural attractions, and major roads. The property is POS COMPLIANT, adding valuable peace of mind for the next owner. With its beautiful original details, extensive updates, established tenant, remodeled vacant unit, strong rental upside, 2-car garage, and exceptional walkable location, 3389 Desota Ave is a fantastic opportunity for an investor or owner-occupant seeking character, convenience, and income potential.

3389 DESOTA Avenue, Cleveland Heights

2282 Grandview Avenue, Cleveland Heights
$350,000
8 Beds ⋅ 3 Baths ⋅ 5225186 MLS
Location... Location... Location!! Spacious and light-filled side-by-side duplex on highly sought-after street in Cleveland Heights, just minutes from the hospitals and Case Western Reserve University, with rents for a 5-bedroom unit typically getting $2000-2250, depending on the amenities. The main levels feature a living room with decorative fireplace, formal dining room with beautiful built-ins, and kitchen with plenty of windows. Each second floor has 3 bedrooms, the smallest of which would be a great office, walk-in closet, 2nd floor laundry room, or second full bathroom. The 3rd floors currently have 2 bedrooms, but this space could be transformed into a proper primary suite with its own full bathroom. So, whether you wish to maximize the bedroom-count and keep the total 10 BEDROOMS, or wish to modernize the space to have a proper primary suite and 2nd floor laundry room, this property is FOR YOU! Other special features include inviting front porch and spacious deck overlooking the private backyard, individual basements, hardwood floors, basement waterproofing (2022) and partial sewer line replacements (2023). One side is currently vacant to accommodate showings and the option for owner-occupancy. The other side is similar in finishes and lay-out, and is occupied by a long-term tenant on a month-to-month lease. The property does not have a driveway or garage, but there is a city lot one block away. With minor tweaks, this property could generate $48K in annual GRI.

2282 Grandview Avenue, Cleveland Heights

2313 Grandview Avenue, Cleveland Heights
$349,000
5 Beds ⋅ 3 Baths ⋅ 5219357 MLS
Great 3-unit, POINT OF SALE COMPLIANT, investment opportunity in the historic Cedar Heights neighborhood of Cleveland Heights, just steps from the shopping, dining, and entertainment destinations at the top of Cedar Hill and conveniently located near schools, University Circle attractions, hospitals, Case Western Reserve University, and Downtown Cleveland. This income-producing property has the potential to generate approximately $3,625 per month in rental income and features a detached 3-car garage, 2 furnaces, 2 hot water tanks, and 2 central A/C units. The first and second-floor units are leased and offer identical layouts with 2 bedrooms, a full bath, living room, dining room, updated kitchen with granite countertops, and in-unit laundry. One unit also features a Viking range. The third-floor studio apartment is currently vacant and has been completely renovated, offering a flexible 1-bedroom layout, full bath, and all furniture included, creating an excellent opportunity for an owner-occupant, short-term rental, or additional long-term income. Laundry for the 3rd unit is available in the basement. RECENT UPDATES: Replaced roof (2023), tore down and rebuilt front porch & balcony (2024), completely remodeled 3rd floor (2021). INCLUDED are ALL kitchen appliances, washers/dryers, and 3rd-floor furniture. The driveway is split. Please do not park in the driveway for showings or to inquire about the property.

2313 Grandview Avenue, Cleveland Heights

14172 Superior Road, Cleveland Heights
$329,000
7 Beds ⋅ 3 Baths ⋅ 5210312 MLS
Fantastic Fully Renovated Turnkey Triplex! This 7-bedroom, 3 bath triplex has it all! Main level unit has 3 bedrooms, one full bath, spacious living room, dining room, front porch, storage and more! Second level: 3 bedrooms, one full bath, spacious living room, dining room, private balcony porch and more! Third Level: Rented at $895/month plus tenant pays gas/electric, Open layout, large kitchen with dinette area, living room space, full bathroom, one bedroom and closet space! Private entrances! 3 car garage with new roof and rare large parking lot in back! Updates include: Newer roof on house, Roof on garage, newer furnaces, updated electrical panels, ductwork, windows, 3 hot water tanks, drywall and interior paint, all fixtures throughout, 3 garage doors, exterior paint, 3 fully renovated kitchens, 3 fully renovated bathrooms, LVP flooring or tile throughout the entire home, glass block windows in basement, plumbing, added separate water meters for each unit, interior doors, exterior doors, all ceilings redone, closets added for 3rd bedroom additions to first and 2nd level units, baseboard heating added to third level unit, 3 newer stoves that stay, 2 new central air units, trees cleared off property and property made POS Compliant! Outstanding cap rate ability at above 11%! Professionally managed! Close to Cleveland Heights shopping, restaurants, parks, hospital systems, freeway access, minutes from downtown and more! Schedule showing today! Hurry this definitely will not last long! Units 1 +2 can be viewed. Unit 3 only after contract. Thank you.

14172 Superior Road, Cleveland Heights

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