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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

Rental Income
Listed for sale 4 days ago
$ 274,900
ROI
26.8
Cash Flow/m
542- 6 Bed
- 4 Bath
- - sft
3825 Mayfield Rd, Cleveland Heights, OH, 44121

Currently Rented
$ 329,900
ROI
23.9
Cash Flow/m
380- 8 Bed
- 5 Bath
- 3610 sft
3124 Edgehill Rd, Cleveland Heights, OH, 44118

Fix & Flip
Rental Income
$ 240,000
ROI
34.3
Cash Flow/m
971- 5 Bed
- 3 Bath
- 3049 sft
3408 Desota Ave, Cleveland Heights, OH, 44118

$ 350,000
ROI
27.7
Cash Flow/m
776- 6 Bed
- 6 Bath
- 5586 sft
2449 Woodmere Dr, Cleveland Heights, OH, 44106
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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