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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 3 days ago
$ 335,000
ROI
23.5
Cash Flow/m
346- 6 Bed
- 2 Bath
- 3344 sft
1630 Coventry Rd, Cleveland Heights, OH, 44118

Currently Rented
Listed for sale 5 days ago
$ 312,000
ROI
25.5
Cash Flow/m
498- 5 Bed
- 3 Bath
- 2855 sft
3141 Kensington Rd, Cleveland Heights, OH, 44118

Currently Rented
Rental Income
Listed for sale 6 days ago
$ 269,000
ROI
30.2
Cash Flow/m
781- 4 Bed
- 3 Bath
- 2732 sft
2477 Lee Rd, Cleveland Heights, OH, 44118

Currently Rented
Rental Income
$ 270,000
ROI
30.1
Cash Flow/m
774- 9 Bed
- 3 Bath
- 3768 sft
3371 Beechwood 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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