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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
Rental Income
Section 8
+ 1 more
$ 199,000
ROI
33.4
Cash Flow/m
754- 6 Bed
- 2 Bath
- - sft
934 Ravine Dr, Cleveland Heights, OH, 44112
Currently Rented
Rental Income
Listed for sale 3 days ago
$ 329,900
ROI
29.6Cash Flow/m
908- 4 Bed
- 2 Bath
- 2420 sft
2249 Bellfield Ave, Cleveland Heights, OH, 44106
$ 300,000
ROI
26.7Cash Flow/m
577- 10 Bed
- 2 Bath
- 2970 sft
3201 Whitethorn Rd, Cleveland Heights, OH, 44118
$ 260,000
ROI
31.4Cash Flow/m
840- 6 Bed
- 2 Bath
- 2864 sft
2946 Kensington Rd, 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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