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Cleveland Multi-Family Properties for Sale

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Newest Cleveland Multi-Family Homes for Sale

3114 Vega Avenue, Cleveland
$285,000
5 Beds ⋅ 2 Baths ⋅ 5250599 MLS
Turnkey, fully occupied, and generating $3,200 per month in total Section 8 rental income, this 5-bedroom, 2-bath duplex in Tremont's highly desirable 44113 offers investors the rare combination of strong cash flow and a premium location. With tenants already in place, the next owner can step into an income-producing property from day one. The home has seen numerous improvements, including vinyl windows, updated cabinetry, renovated bathrooms, select mechanical upgrades, and additional updates throughout, helping make this a solid, low-maintenance addition to any rental portfolio. The location is where this investment really stands out. Situated in the Tremont area, the property is surrounded by some of Cleveland's most popular restaurants, coffee shops, bars, and neighborhood amenities while being just minutes from Ohio City, Downtown Cleveland, Clark-Fulton, MetroHealth, and other major employment centers. Tremont and the surrounding west-side neighborhoods continue to see new construction, renovations, and ongoing investment, making this an area that attracts both tenants and buyers looking to be close to everything Cleveland has to offer. For an investor, this property offers the best of both worlds: established income today with long-term appreciation potential in one of Cleveland's most recognized neighborhoods. With $3,200 in monthly voucher-backed rent already in place, a desirable unit mix, quality updates, and a location close to major hospitals, entertainment, dining, and downtown, much of the heavy lifting has already been done. Whether you're expanding an existing portfolio or looking for a stabilized multifamily property in a strong location, this is an opportunity worth a closer look.

3114 Vega Avenue, Cleveland

3266 E 123rd Street, Cleveland
$120,000
4 Beds ⋅ 2 Baths ⋅ 5250369 MLS
Calling all investors and future owner-occupants! Whether you're looking to add an income-producing property to your portfolio or take advantage of an incredible house-hacking opportunity, this well-maintained Cleveland duplex offers flexibility, value, and immediate rental income. Currently generating $1,700 per month in total rent, paired with attractively low property taxes, this is an opportunity worth a closer look. Each unit offers 2 bedrooms and 1 full bath, spacious living areas, beautiful hardwood flooring, and its own enclosed porch and rear porches, providing additional usable space and privacy. The lower unit has been refreshed with fresh paint and a recently renovated bathroom, while multiple entrances throughout the property add convenience for both occupants. Major improvements make this property even more appealing, including two BRAND NEW furnaces and hot water tanks for both unit, providing peace of mind for the next owner. The basement provides shared laundry and additional storage, while the detached 2-car garage offers even more storage. The attic is also unfinished, which provides great opportunity to create an additional space! Outside, a nice backyard provides additional space to enjoy. Located in Cleveland's Mount Pleasant neighborhood, the property offers convenient access to major roadways, shopping, everyday amenities and nearby green space. With two separate units, existing rental income, low taxes and significant mechanical updates already completed, 3266 E 123rd Street is an ideal opportunity for a first-time investor, seasoned portfolio owner, or buyer looking to live in one unit while the other helps offset their housing expenses. Well maintained and ready for its next owner!

3266 E 123rd Street, Cleveland

3771 W 36th St Avenue, Cleveland
$885,000
11 Beds ⋅ 7 Baths ⋅ 5248453 MLS
Own a piece of Cleveland history! The Weldon Davis House, built in 1895 and recognized within the National Register's Archwood Avenue Historic District, is an extraordinary Queen Anne-inspired Victorian offering remarkable architecture and versatility. Featuring approximately 5,770 sq. ft. of combined appraiser-reported living area, 11 bedrooms, 7 baths and 5 garage spaces. From its striking multi-story turret and dramatic rooflines to its magnificent interior, discover exquisite Gothic-arched and circular art-glass windows, rich natural woodwork, a three-sided bay window with decorative glass transoms and an ornate dining room ceiling. The distinctive turret sitting room features beautiful art glass, intricate tile flooring and a dramatic gold-toned ceiling. The main residence offers 5 bedrooms, 3 baths and an attached 2-car garage. Additional accommodations include a finished walkout basement with 2 bedrooms and a bath; a separate spacious carriage house with 3 bedrooms, 2 baths and an attached 3-car garage, offering potential guest-house accommodations; and a 1-bedroom, 1-bath efficiency apartment. Each living area features its own kitchen area. Currently utilized for short-term rental accommodations, this remarkable property offers possibilities as a distinctive personal residence, multigenerational home with in-law accommodations or income-producing investment. Conveniently located near MetroHealth, Cleveland Metroparks Zoo, Tremont and Ohio City, with easy access to downtown Cleveland, dining and entertainment. Experience the history, craftsmanship and extraordinary possibilities of the Weldon Davis House. Schedule your private showing! Buyers will need to do their own due diligence regarding city approval for how they want to use the property.

3771 W 36th St Avenue, Cleveland

2897 E 111th Street, Cleveland
$115,000
4 Beds ⋅ 2 Baths ⋅ 5250126 MLS
Investor Opportunity – Cleveland Duplex with Value-Add Potential! Bring your vision to 2897 E. 111th St., a two-family property offering two separate units, each featuring 2 bedrooms and 1 full bathroom. Whether you're looking to renovate and hold as a rental or add another multifamily property to your portfolio, this duplex offers plenty of potential. Some improvements have already been started, including newer electrical panel boxes, one newer furnace, and one newer hot water tank. The property does have known electrical issues and will require additional electrical work, giving the next owner the opportunity to complete the improvements and maximize the property's potential. Conveniently located on Cleveland's east side with access to major employment, medical, and educational hubs, including the Cleveland Clinic and University Circle area. The nearby Opportunity Corridor provides improved connectivity between the east side, I-490, and University Circle, an area that continues to see public and private investment and redevelopment. With two rentable units and an affordable entry point into Cleveland's multifamily market, this could be an excellent opportunity for an investor looking for a renovation project with future income-producing potential. Property is being sold in its current condition. Buyer to perform their own due diligence regarding property condition, electrical system, repairs, rental potential, and projected income.

2897 E 111th Street, Cleveland

3424 W 117th Street, Cleveland
$165,000
4 Beds ⋅ 3 Baths ⋅ 5249286 MLS
Fully occupied & income-producing, this duplex offers investors a strong combination of immediate cash flow, stable tenancy, & future value-add potential! Each unit features 2 bedrooms & 1 bathroom, along with a spacious living room, functional kitchen, & access to a shared basement with additional storage. Both units are currently occupied, providing rental income from day one. The lower unit has a newly placed tenant paying $900 per month with a lease through May 2027, while the upper unit rents for $950 per month on a month-to-month basis. This setup provides stability while leaving room for future rent growth. The lower unit features newer LVP flooring throughout the main living areas & bedrooms. The bathroom includes a newer vanity, updated plumbing, & a well-maintained tub surround, while the kitchen offers well-maintained cabinetry with a newer sink & faucet. The upper unit features LVP flooring in the main living areas and in the hallways and bedrooms. The kitchen includes well-maintained cabinetry, a newer faucet, & plumbing updates, while the bathroom features ceramic tile flooring, a newer vanity, mirror, faucet, & ceramic tile tub surround. The shared basement includes separate electrical panels for each unit & individually metered gas & electric utilities. Major mechanicals include furnaces (2016) & hot water tanks (2013). Conveniently located on Cleveland's west side, with easy access to I-90, major roadways, public transportation, shopping, schools, restaurants, & other local amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab & construction services for remote investors! With both units occupied, existing updates, steady rental income, & opportunities to further improve the property & increase rents over time, this duplex is well-positioned for an investor seeking a stable asset with additional upside. No wholesalers. No Seller financing. No low ball offers.

3424 W 117th Street, Cleveland

1691 E 82nd Street, Cleveland
$610,000
10 Beds ⋅ 6 Baths ⋅ 5248357 MLS
Massive Turnkey Investment in the Path of Progress – Minutes from Cleveland Clinic! Welcome to 1691 E 82nd St, an absolute real estate unicorn perfectly positioned on a rapidly appreciating block surrounded by gorgeous, high-value homes and massive neighborhood investment! Located just blocks away from the world-renowned Cleveland Clinic, this property offers a premium micro-location primed for corporate housing, traveling nurses, or a highly profitable short-term rental portfolio. Completely remodeled top-to-bottom and never lived in since, this massive 10-bedroom, 6-bathroom property offers unparalleled versatility. Brilliantly engineered to function as up to 6 separate living spaces, every single unit features its own independent exterior entrance. The layout is spectacular: The centerpiece is a massive multi-level suite occupying the entire 2nd floor (3 bedrooms, 1 bath) that flows down into a gigantic, open-concept kitchen and dining area on the main floor. The 1st floor also features two private 1-bed/1-bath suites, while the 3rd floor boasts two additional independent units. A giant basement provides endless storage space. Smartly designed with interconnecting interior doors, you can open the space up or lock them to run a highly optimized co-living, PadSplit, or Airbnb operation. Delivered 100% vacant with pristine, untouched finishes. Properties with this level of size, flexibility, and proximity to the Clinic do not exist on the market. Come see it today!

1691 E 82nd Street, Cleveland

447 E 115 Street, Cleveland
$130,000
4 Beds ⋅ 2 Baths ⋅ 5248471 MLS
Vacant, refreshed, and ready for its next owner, this Cleveland duplex presents an opportunity to step into a two-unit property without inheriting existing tenants or leases. With slightly more than 1,600 finished square feet and a moderate rehab completed in 2026, much of the work has already been done while a handful of odds and ends remain for the next owner to finish to their standards. For an investor, vacancy creates flexibility. Complete the remaining items, establish your own rental terms, select tenants, and build your operating plan from the start. For an owner-occupant, the duplex configuration also creates the possibility of living in one unit while leasing the other, subject to financing, local requirements, and individual plans. Inside, the 2026 rehab gives the property a cleaner, refreshed presentation while preserving the character of an established Cleveland home. Each unit offers defined living space, giving the property the versatility that makes duplex ownership appealing. Instead of taking on a full-scale renovation, the next owner can focus attention on the remaining details and the strategy that comes afterward. The location adds another layer to the opportunity. Glenville offers convenient access to Rockefeller Park, the Cleveland Cultural Gardens, University Circle, major healthcare and educational institutions, museums, cultural destinations, and connections toward Downtown Cleveland and the lakefront. Whether the goal is adding a duplex to a rental portfolio, establishing new tenants and rents, or exploring an owner-occupied investment strategy, this vacant property offers something investors value: options.

447 E 115 Street, Cleveland

2441 Thurman Avenue, Cleveland
$1,125,000
2 Beds ⋅ 4 Baths ⋅ 5248378 MLS
*** Like-New 7-Year-Old Luxury Two-Family Home | 3,370 Sq. Ft. | Full Tax Abatement Through 2035 *** Exceptional 7-year-old two-family home offering approximately 3,370 sq. ft. of beautifully finished living space. Each residence features an identical layout spanning the second and third floors, a finished storage space on the first floor, and tandem garage, combining privacy, functionality, and modern luxury. Each unit includes approximately 1,356 sq. ft. with 9-ft. ceilings, engineered hardwood floors throughout, gas fireplace, private balcony, and high-end finishes, along with 2 full tiled baths with marble and quartzite-top vanities. Primary suites feature California Closets walk-ins and soaking tubs with freestanding faucets. Gourmet kitchens feature natural quartzite countertops, stainless steel Energy Star-certified appliances, California Closets pantries, and abundant storage. Additional features include Anderson windows and sliding doors, Moen Energy Star-Certified fixtures, tankless water heaters, electric roller shades/curtains, and Ring cameras/doorbells for added security and comfort. Four garage spaces are configured as two tandem garages, with Tesla charging capability in one. Low-maintenance exterior features metal siding, a cement board front, full-brick lower level, and metal roof. Full-value real estate tax abatement remains in effect through the 2035 tax year. An exceptional opportunity for investors, multigenerational living, or buyers seeking two beautifully appointed, newer-construction residences with quality finishes, efficiency, and low maintenance. Optional furnished purchase: may be available fully furnished, including select Arhaus furnishings.

2441 Thurman Avenue, Cleveland

10001 Stoughton Avenue, Cleveland
$120,000
4 Beds ⋅ 2 Baths ⋅ 5244656 MLS
This Cleveland two-family property offering an opportunity for an investor or owner-occupant looking to add income potential to their real estate strategy. This duplex features two residential units along with a full basement and detached two-car garage. The downstairs unit is currently rented at $743 per month, while a new tenant is scheduled to move into the upstairs unit on October 1, 2026, at $800 per month. Based on the current and scheduled rents, the property has the potential to generate approximately $1,543 per month, or $18,516 in annual gross rental income, assuming full occupancy and collection of scheduled rents. Rental figures are provided for informational purposes only and are not a guarantee of future income or investment performance. Buyers should independently verify rents, expenses, leases, and financial information. Location adds to the property's appeal. Situated within convenient reach of Downtown Cleveland, residents have access to the city's employment centers, restaurants, entertainment, professional sports, and other amenities. The property also offers convenient access to the Opportunity Corridor, University Circle, Cleveland Clinic, and surrounding Cleveland neighborhoods. Public transportation is another advantage, with access to nearby Greater Cleveland RTA service, including the Buckeye-Woodhill Rapid Station. RTA rail service provides connections toward Downtown Cleveland and Tower City, making it possible to connect to downtown destinations, sporting events, employment centers, and additional bus and rail routes without relying exclusively on a vehicle. Whether you're looking to expand an investment portfolio, purchase a property with existing rental income, or explore the possibilities of two-family ownership, 10001 Stoughton Avenue offers income potential, transportation access, and proximity to many of Cleveland's major destinations. Schedule your private showing and see what this property has to offer.

10001 Stoughton Avenue, Cleveland

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