Cleveland, OH Real Estate Search

Cleveland, OH Multi-Family Homes for Sale

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Newest Cleveland, OH Multi-Family Homes for Sale

$175,000
8 Beds 4 Baths 5207661 MLS
Value-Add 4-Unit with Major Capital Improvements Already Completed! Located just south of the growing Collinwood Arts District, 889 E 143rd offers investors the opportunity to increase cash flow where many of the major expenses have already been addressed. This 4-unit building consists of 2-bedroom units tenants and 1 vacant unit ready for light cosmetic updates. Current rents include Unit 2 at $475/month plus $50 water reimbursement and Unit 4 at $800/month, leaving significant room for future rental growth once stabilized. Unit 3 has already been cleaned out and can be turned quickly with minor updates.Recent improvements include a brand-new roof (2025), all new windows in Unit 3 (2025), all hot water tanks replaced (2026), serviced furnaces in strong working condition (2026), and cleaned-up electrical. The owner has also invested thousands into pest-proofing the property following concerns from Unit 4. Market rents are around $950 which produces a 15% cap rate once all units are renovated. Located near the shops, restaurants, galleries, and nightlife of the Collinwood Arts District—including local favorite Six Shooter Coffee—and minutes from Euclid’s major waterfront redevelopment project improving public access to Lake Erie, this property offers both immediate upside and long-term neighborhood growth potential. Create value with some minor updates or even house hack and live in one of the units, either way- this is a great investment. Please note: the seller is not offering seller financing.

889 E 143rd Street, Cleveland

$139,900
4 Beds 2 Baths 5196295 MLS
Exceptional opportunity to own a classic up-and-down duplex in Cleveland’s vibrant North Shore Collinwood neighborhood, just moments from Lake Erie. This charming property offers two thoughtfully designed units with nearly identical layouts, making it ideal for investors or owner-occupants seeking additional income. The first-floor unit welcomes you through a spacious living room featuring a cozy fireplace and large picture windows that fill the space with natural light. An elegant arched doorway leads to the formal dining room, complete with built-in cabinetry, perfect for both everyday living and entertaining. The adjacent kitchen includes a quaint eat-in area. A hallway off the dining room leads to a comfortable bedroom, a full bathroom with a window and shower/tub combination, while the rear bedroom features an overhead ceiling fan. The second-floor unit mirrors the first, offering the same functional layout and inviting character throughout. A standout feature of this property is the expansive third floor, offering incredible potential. With vaulted ceilings, an open layout, and an additional finished bedroom featuring built-ins and a closet, this space provides flexibility for future expansion or creative use, all while enjoying a charming bird’s-eye view of the street. Additional highlights include an unfinished basement with a dedicated laundry area, a welcoming front porch perfect for relaxing, and a quaint backyard with a small rear porch and a detached two-car garage. Ideally located just blocks from Lake Erie, the Waterloo Arts District, local favorites like Raddell’s Sausage Shop, the Northeast Yacht Club, and all that nearby Bratenahl has to offer, this property combines character, location, and opportunity in one compelling package. NO Wholesaling, Assigning, nor Owner Financing. The sellers have generously included a one year home warranty for extra peace of mind! Snatch this honey of a deal up now while you can!

412 E 146th Street, Cleveland

$325,000
5 Beds 4 Baths 5193286 MLS
The roof has been repaired, and documentation is available upon request. Excellent opportunity to own two income properties on one parcel in the desirable Metro–North Tremont area. The properties are professionally managed and include three occupied units and one vacant unit, offering flexibility for investors or owner occupancy. The front building has three one-bedroom, one-bath units, two on the first floor and one on the second. Major updates completed in 2020 include updated electrical with new panel, plumbing, three furnaces, vinyl windows, new drywall and ceilings, kitchens with granite countertops and appliances, updated bathrooms, and newer hot water tanks. The rear house offers two bedrooms and one bath and was renovated in 2019 with updated electrical and plumbing. A driveway provides parking for all units. One unit is currently vacant and available for showings while the others are tenant occupied. Current rents are $1,100, $950, and $900 per month with leases in place. Conveniently located near the West Side Market, Christmas Story House, MetroHealth Medical Center, Cuyahoga Community College, Cleveland State University, Downtown Cleveland, the Rock and Roll Hall of Fame, and many restaurants and attractions. Showings available for the vacant unit, occupied units upon accepted offer. Please DO NOT disturb tenants under any circumstances. DO NOT lock unit knob. Please ONLY lock exterior door.

3161 Scranton Road, Cleveland

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