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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Cleveland Heights, OH
Currently Rented
Listed for sale 2 days ago
$ 352,000
ROI
22.1
Cash Flow/m
235- 7 Bed
- 3 Bath
- 3615 sft
14172 Superior Rd, Cleveland Heights, OH, 44118
Listed for sale 4 days ago
$ 299,900
ROI
26.7Cash Flow/m
577- 7 Bed
- 3 Bath
- 3864 sft
3305 Desota Ave, Cleveland Heights, OH, 44118
$ 269,900
ROI
30.1Cash Flow/m
775- 5 Bed
- 3 Bath
- 2940 sft
2201 Oakdale Rd, Cleveland Heights, OH, 44118
Currently Rented
Rental Income
$ 299,000
ROI
26.8Cash Flow/m
583- 5 Bed
- 3 Bath
- 2114 sft
3333 Desota Ave, Cleveland Heights, OH, 44118
Why Invest in Cleveland Heights, Ohio?
Cleveland Heights, OH offers strong potential for multi-family investments with stable demand from renters. Average rents support solid cash flow, while modest appreciation adds long-term value. Cap rates remain attractive in this balanced market near Cleveland's core. Investor interest grows due to low vacancy and employment proximity. Rental yields outperform many urban suburbs, ideal for portfolio diversification.
8.2%
Avg. ROI
7.1%
Rental Yield
6.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Multi-family units benefit from high renter occupancy and proximity to major employers. Stable cap rates around 6-7% provide reliable returns. Demand from students and professionals ensures consistent cash flow.
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