Cleveland Heights Real Estate Search

Cleveland Heights Multi-Family Properties for Sale

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Newest Cleveland Heights Multi-Family Homes for Sale

$235,000
4 Beds 2 Baths 5242452 MLS
Opportunities with this combination of location, flexibility, and upside are hard to find in Cleveland Heights. Ideally situated just steps from the energy of the Cedar Lee district, minutes from Coventry, and directly across from Cleveland Heights High School, this well-positioned duplex puts you in the heart of one of the area’s most desirable and renter-friendly neighborhoods. The upper unit is currently rented for $1,300/month on a month-to-month lease, providing cash flow from day one. The lower unit is vacant and ready for a new tenant, or it presents an excellent opportunity for an owner-occupant looking to house-hack and offset their mortgage with rental income. A number of the big-ticket items have already been taken care of, including a new roof, new furnace, and new hot water tank. The property will also transfer POS compliant, making the transition that much easier for the next owner. For an investor, there's an opportunity to improve the income by leasing the lower unit. For a buyer looking to house hack, the vacant unit gives you flexibility from day one. Either way, you're buying in a location with strong rental demand and convenient access to restaurants, shopping, entertainment, schools, and everything Cedar Lee and Coventry have to offer. Whether you're an investor looking to expand your portfolio or a buyer searching for a smart owner-occupant opportunity, this property checks the boxes: desirable location, existing rental income, flexible occupancy options, and significant updates already completed. The numbers, location, and updates make this one worth seeing in person. Schedule your private showing today and see what this property can do for you.

3241 Kildare Road, Cleveland Heights

$350,000
8 Beds 2 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

$339,000
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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