Multi Family Investment Properties for Sale in Cleveland Heights, OH
$ 199,000
ROI
33.4
Cash Flow/m
757- 8 Bed
- 2 Bath
- 3271 sft
3217 Sycamore Rd, Cleveland Heights, OH, 44118
$ 260,000
ROI
31.4Cash Flow/m
840- 5 Bed
- 3 Bath
- 3255 sft
2121 Coventry Rd, Cleveland Heights, OH, 44118
$ 299,999
ROI
26.7Cash Flow/m
577- 7 Bed
- 3 Bath
- 2828 sft
3420 Beechwood Ave, Cleveland Heights, OH, 44118
Currently Rented
Rental Income
$ 195,000
ROI
32.2Cash Flow/m
675- 4 Bed
- 2 Bath
- 1959 sft
2707 Noble Rd, Cleveland Heights, OH, 44121
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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