**Remarkable Investment Opportunity in Cleveland Heights!** Discover this pristine, turnkey multifamily property featuring a beautifully finished third-floor suite in a highly sought-after area. This multi-unit gem boasts all-new electrical and plumbing systems, modern kitchens, and refinished hardwood flooring throughout. The open concept design seamlessly blends the kitchen and dining areas, creating a welcoming space for residents. The lower units each offer two spacious bedrooms, while the third-floor suite is a cozy efficiency studio. Each unit comes equipped with brand-new kitchen appliances. Other highlights include two furnaces and two new hot water tanks, luxurious granite countertop in two units high-end cabinetry, and newly waterproof luxury vinyl tile flooring in kitchens and bathrooms. All bathrooms have been updated with stylish tile and feature walk-in showers for added comfort. Replacement windows with new mini blinds provide ample natural light, while the property offers generous storage options, including two laundry room hookups and additional storage space. Residents can enjoy front and rear porches, as well as access to a clean, dry two-car detached garage. With a roof in excellent condition and a prime location, this multifamily property represents a wonderful opportunity for savvy buyers. Don't miss your chance to view this exceptional investment hurry before it's gone! Please note that no offers will be considered until the property has been listed for 10 days.
**Large Side-by-Side Duplex – Excellent Investment Opportunity!** This duplex is perfect for house hacking or as a cash flow investment, with a pre-screened tenant ready to pay $1,800/month through Section 8. The other side hosts a reliable long-term tenant paying $1,650/month. We just sold the duplex next door that we have been renting to travelers, patients, and nurses renting $2,200 + a month for a 3 bed unit! This one is a 4 bed (or 3+ office), more private being side by side, and has more parking.This property will also be completely turnkey and point-of-sale compliant, making it a hassle-free investment. Conveniently located just minutes from shopping (Severance Center), MetroHealth, Little Italy, Coventry, University Circle, and Cleveland Clinic, this property offers easy access to all essential amenities. Each unit features its own private basement with washer and dryer hookups, ensuring higher rental income potential compared to typical duplexes. The right-side unit boasts fresh paint, luxury vinyl plank flooring, a covered porch, and a spacious living area perfect for entertaining. The updated kitchen comes equipped with stainless steel appliances and a gas stove, ideal for home-cooked meals. Plus, the versatile 4th bedroom can serve as an office or flex space. Additional highlights. Include a three-car garage, a long driveway, and ample parking. Don’t miss this fantastic chance to invest in a property that combines comfort, convenience, and cash flow potential!
**INCREDIBLY RARE 8 bedroom side by Side Duplex Now Available in Cleveland Heights** This duplex consists of townhome style units with 3 stories, 4 bedrooms, 2 full baths and private basements. The classic Cleveland Heights architecture combined with larger than average units and layouts make this a prime opportunity for top of market rents. Being located in one of the 1st suburbs near the Cleveland Clinic also provides a great opportunity to you to maximize your profits through short term rentals! Both units have been updated with new lights, paint, cabinets, countertops, and bathroom updates. The garage was replaced in 2021. The windows are all vinyl and mechanicals and the roof are in working shape. Standard market rent is $2200-2500/mo each unit and could be even higher with Aibnb. The location is fantastic and near all the best coffee shops, theaters and restaurants that the Cedar Lee area has to offer. Easy to show! Additional photos are coming 11/1/24.
Are you ready for an ideal house hacking opportunity!? This property is the perfect fit if so! Featuring 2 single family properties on one lot, it offers a newly renovated vacant front unit perfect for an owner occupant! The front colonial-style unit (#4149) has 2 bedrooms and 1 bath and features updates such as fully painted exterior and interior, updated electrical panel and meter main, LVP flooring throughout and a resurfaced asphalt driveway. The rear unit (#4151) is a cape cod style home with 1 bedroom and 1 bath. It is tenant occupied and rents for $742/month on a month-to-month lease and has professional, full service property management in place as well! Located in a quiet residential neighborhood, it's near multiple parks and park systems and has easy access to shopping, food and public transit. Plus, this property is POS compliant! A great opportunity with this unique 2 single family property, whether you're looking to rent both units or build equity through house hacking! Don't sit on this chance! Schedule a showing to see it for yourself today!
Open House:
Saturday, 11/9 2:00-4:00PM
Well cared for 8 bedroom side by Side Duplex in Cleveland Heights which as had the same owner for roughly 40 years. This duplex consists of townhome style units with 3 stories, 4 bedrooms, 1 full baths, 1 half bath and private basements. The classic Cleveland Heights architecture combined with larger than average units and layouts make this a prime opportunity for top of market rents. Could also be an owner occupant on one side while collecting rent on the other side. Located near Cleveland Clinic, University Hospital, and VA Hospital also provides a great opportunity to you to maximize your profit. Many updates, including new plumbing (2024) professionally done. Three car garage. Located near all the best coffee shops, theaters and restaurants the Cedar Lee area has to offer. Central air offered on one side. Seller cannot confirm the condition of unit. As-is purchase.
Excellent opportunity to own this well maintained triplex in the Cleveland Heights. Units 1 & 2 feature 3 bedrooms 1 bath room each, new tile work, cabinetry, hardwood floors, covered porches, and more. The spacious third floor Unit #3 features 2 bed 1 bath with 12-ft vaulted ceilings, modern flooring, subway tile, and more. Tenant pays ALL utilities. Recent updates include Floor 1 entire unit renovation including HW floors, appliances, paint, carpet and cabinets) ,Porch and canopy renovation, Basement concrete refresh, Full porch refresh. Selling to reinvest locally.
BACK ON MARKET for this GREAT investment OR owner occupant opportunity with this Huge Duplex in historic Cleveland Heights, perfectly located west of Coventry at the top of the hill going down to Little Italy, University Hospitals, Case Western Reserve University and all that University Circle has to offer! Incredibly spacious units with natural wood trim, hardwood floors, built-ins. Each side features FIVE BEDROOMS and TWO FULL BATHS, Large Eat-In Kitchen, formal dining room with character-filled built-ins & sitting benches, living room with FP, and office/bonus room. Each side has a full basement with laundry hookup and plenty of storage and air conditioning! Just completed by seller are quartz countertops in both units, some new cabinets, painting, porch updates, masonry work and much more! Newer 4 Car garage with paved parking spaces. Two Parcels provide for a larger lot! Tremendous cash flow opportunity! This property is also available for rent. Showings on Right Side Only - 2572 Mayfield before contract.
This large, multi-family home is a solid way to build your rental portfolio! With over 2,000 sqft of living space, this property consists of 2 units! Both units have 2 bedrooms, 1 full bathroom and shared basement with laundry. The DN unit is currently occupied, renting for $922 per month with a 12-month lease that expires 09/30/25. The UP unit is currently occupied, renting for $823 per month with a 12-month lease that expires 08/31/25. The exterior has a large covered front porch for the DN unit and a large balcony for the UP unit. There is a detached 2-car garage and paved driveway for additional parking. With easy highway access, this is near food, shopping and public transit. Don't miss out on this solid opportunity! Reach out to learn more! * POS Compliant at Closing *
Multi-family investment property. The property consists of 2 units. The DN unit is occupied renting for $825 per month on a 12-month lease that expires 1/31/25. The UP unit is occupied renting for $825 per month on a 12-month lease that expires 10/31/24. Each unit has 2 bedrooms and 1 full bath. Shared laundry in the basement. There is an upstairs covered balcony, and the down unit has a covered front porch. Paved driveway for parking. Great for any rental portfolio! Reach out to learn more!
Calling all investors!! Say, "hello" to 1617 Hillcrest!! Tucked away in a cozy corridor in coveted Cleveland Heights, this dynamic duplex is on the market and awaiting your offer!! Both units are currently leased up with one reliable tenant paying $900 on a lease expiring in May of 2025 and the other unit is garnering $1125 a month until March of 2025. Put in your offer today!!
The median home value in Cleveland Heights, OH is $205,000. This is higher than the county median home value of $177,200. The national median home value is $338,100. The average price of homes sold in Cleveland Heights, OH is $205,000. Approximately 51.45% of Cleveland Heights homes are owned, compared to 38.33% rented, while 10.22% are vacant. Cleveland Heights real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cleveland Heights real estate agent to arrange a tour today!
Cleveland Heights, Ohio has a population of 45,267. Cleveland Heights is less family-centric than the surrounding county with 20.55% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Cleveland Heights, Ohio is $62,823. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Cleveland Heights is 36.5 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 38.3 inches per year, with 67.8 inches of snow per year.