Cleveland, OH Real Estate Search

Cleveland, OH Homes under $200,000 for Sale

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Newest Cleveland, OH Homes under $200,000 for Sale

$175,000
4 Beds 2 Baths 5225706 MLS
Offering four bedrooms and two full bathrooms across two units, the layout provides flexibility for a variety of investment strategies. With both units vacant, you'll have the freedom to renovate, update, or lease on your own timeline without the challenges of existing tenants. It's an ideal opportunity for investors seeking a value-add property or buyers looking to build equity through thoughtful improvements. Originally built in 1920, the home offers the character and solid footprint that make Cleveland's classic duplexes so appealing. Bring your vision and transform this property into a strong long-term asset or an attractive income-producing investment. The location is another standout feature, you'll enjoy convenient access to shopping, restaurants, parks, major commuter routes, and downtown Cleveland. Nearby Metroparks, local recreation, and everyday conveniences make this an accessible location for future occupants while supporting long-term rental demand. Whether your plans include a complete renovation, a buy-and-hold investment, or creating a duplex that stands out in today's rental market, this vacant property offers the flexibility to make it your own from day one. Opportunities like this, with immediate possession and room to add value, don't come along every day. Schedule your showing and imagine the possibilities waiting inside. Whether you're looking to expand your investment portfolio, generate rental income, or explore the possibilities of owner occupancy with an additional income-producing unit, this classic two-family property is ready for its next chapter.

8802 Denison Avenue, Cleveland

$120,000
4 Beds 2 Baths 5225455 MLS
Whether you're looking to house hack or add a strong, income-producing property to your portfolio, this East Side duplex is an opportunity you won't want to miss. Both units are rent-ready, allowing you to start generating income immediately without the hassle of major repairs or renovations. With market rental estimates of $900–$950 per unit, this property offers strong cash flow potential and a solid return for investors. Even better, the property is lead certified, providing added peace of mind and an important advantage for landlords. Situated on a quiet residential street, this duplex offers a setting that appeals to long-term tenants while still providing convenient access to shopping, schools, parks, public transportation, and major highways. It's the kind of location renters appreciate and owner-occupants are happy to call home. For buyers looking to offset their monthly housing costs, this is the perfect house-hacking opportunity. Live comfortably in one unit while the rental income from the second unit helps pay down your mortgage. Investors will appreciate the chance to add a turnkey property with immediate rental potential to their portfolio, whether you're just getting started or expanding an established collection of income-producing properties. Opportunities like this are becoming harder to find—two rent-ready units, strong rental potential, lead certification, and a quiet neighborhood all in one package. Whether your goal is steady monthly cash flow, long-term appreciation, or owner-occupied investing, this duplex is ready for its next owner. Schedule your showing today and see why this property is such a standout opportunity.

11903 Avon Avenue, Cleveland

$110,000
4 Beds 2 Baths 5225418 MLS
Welcome to 11506 Ohlman Avenue, Cleveland, OH 44108—a fantastic investment opportunity offering immediate income with significant upside potential. This well-maintained duplex features two 2-bedroom, 1-bath units, making it an excellent addition to any investment portfolio or an ideal owner-occupant opportunity. The lower unit is occupied, providing immediate rental income, while the upper unit is vacant, allowing the new owner to place a tenant at today's market rate or move in and enjoy the benefits of owner-occupied living. The occupied unit is currently rented for $700 per month, which is below current market rent, presenting an excellent opportunity to increase cash flow over time. Each unit offers spacious living areas, functional layouts, separate entrances, and the flexibility tenants are looking for. Conveniently located near shopping, schools, public transportation, major highways, and Downtown Cleveland, this property is well-positioned to attract long-term tenants. Whether you're a seasoned investor looking for your next cash-flowing asset or a first-time buyer interested in house hacking, this duplex offers the perfect combination of immediate income and future appreciation potential. Don't miss this opportunity to unlock the full earning potential of this Cleveland multifamily property—schedule your private showing today! CAN BE PURCHASED WITH THE FOLLOWING PROPERTIES-DUPLEX 3963 E 123RD CLEVELAND OH 44105, SINGLE, 10824 BRYANT AVE CLEVELAND OHIO 44108, , SINGLE 1494 CLERMONT AVE CLEVELAND OHIO 44108, SINGLE 3389 E 139TH ST CLEVELAND OHIO 44120

11506 Ohlman Avenue, Cleveland

$139,900
5 Beds 2 Baths 5224875 MLS
Well-maintained duplex offering excellent investment or owner-occupant opportunity in Cleveland. The property has been previously occupied up until May 2026 this property doesn't require a lot of repairs to unlock it's full potential. This spacious Duplex property features 5 bedrooms and 2 full bathrooms across two units, making it an excellent opportunity for investors or buyers looking to restore its original charm. There is a finished 3rd floor unit as well making it ideal for generating rental income or owner-occupancy with income potential from the second unit and third fl Conveniently located minutes away from the Bratenahll area, with parks, schools, public transportation, and major highways nearby, offering easy access to Downtown Cleveland and surrounding suburbs. Whether you're looking for your next investment project, a value-add rental property, or a live-in-one-rent-the-other opportunity, this duplex offers tremendous upside and cash-flow potential. Don't miss this chance to create value and maximize returns! Being sold AS IS, WHERE IS, Buyer is responsible for all required inspections & certifications (if applicable). The SELLER will not make any repairs (if applicable). All info & property details set forth in this listing, including all utilities & all room dimensions which are approximate, are deemed reliable but not guaranteed & should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent and/or guarantee that all property info & details have been provided in this MLS listing.

11805 Iowa Avenue, Cleveland

$200,000
3 Beds 2 Baths 5224641 MLS
Priced at $200,000/ house part of a turnkey 16-property single-family rental portfolio across highly desirable Cleveland East suburbs including South Euclid, Cleveland Heights, Lyndhurst, Mayfield Heights, and Cleveland. Offered as a package at $3,200,000. This stabilized portfolio includes 16 individual single-family homes with established rental history, strong tenant demand, and immediate cash flow from day one. Current rent roll reflects approximately $33,685/month in scheduled rental income ($404,220 annually). Based on provided income and property taxes, the portfolio produces approximately $344,121 NOI, representing an attractive 10.75% cap rate at the asking price (buyer to verify all expenses and financials). Many properties feature updates, desirable layouts, and tenant-friendly amenities including updated finishes, and central air at many locations. These homes are strategically located near major employment centers, shopping, dining, parks, schools and transportation, making them ideal long-term rental assets. Portfolio Highlights: • 16 Single-Family Rental Homes • $33,685/month rental income • $404,220 gross annual income • Approx. 10.75% cap rate based on provided rent roll • Stabilized tenant base • Renovated and income-producing assets • Strong Cleveland suburban rental markets • Excellent opportunity for investors seeking scale and diversification Included properties: 6601 Ridgeview Rd Mayfield Heights; 4011 Lancaster Rd South Euclid; 7220 Deveny Ave Cleveland; 1171 Quilliams Rd Cleveland Hts; 956 Nobleshire Rd Cleveland Hts; 857 Quarry Dr Cleveland Hts; 4033 Stonehaven Rd South Euclid; 4241 Verona Rd South Euclid; 1513 Westdale Rd South Euclid; 4187 Stilmore Rd South Euclid; 4218 Stilmore Rd South Euclid; 4198 Eastway Rd South Euclid; 1799 Wrenford Rd South Euclid; 4349 Ardmore Rd South Euclid; 4847 Farnhurst Rd Lyndhurst; 1509 Maple Rd Cleveland Hts. Call today for additional details!

7220 Deveny Road, Cleveland

$160,000
3 Beds 2 Baths 5223730 MLS
Here's your chance to get into one of Cleveland's most conveniently located West Side neighborhoods at an unbeatable price point. 14600 Triskett Road is a diamond in the rough offering incredible potential for the savvy buyer, investor, or first-time homeowner ready to put in a little work and build serious equity. The bones are there — and the location is hard to beat. Whether you're looking to flip, rent, or make it your own long-term home, this property checks the boxes that matter most: solid West Side neighborhood, easy access to transit, and a price point that leaves plenty of room to make it shine. Location is the Real Selling Point. This property is just a 10-minute walk from the RTA Red Line at West Park Station and I-90 is also moments away, putting you within easy reach of all points east and west. The surrounding area offers everyday convenience right at your doorstep — grocery stores, restaurants, and local shops are all close by, and the West Park and Kamm's Corners corridors are just a short drive away with even more dining, retail, and entertainment options. Nearby parks include Tuland Playground, Impett Park, and Mohican Playground — perfect for families or those who enjoy outdoor space. Downtown Cleveland, the lakefront, and Cleveland Hopkins International Airport are all within a 15–20 minute drive. Whether you're an investor adding to your portfolio or a buyer looking to get into homeownership at an affordable price point and build sweat equity, 14600 Triskett is the opportunity you've been waiting for. Properties in this location at this price don't last — schedule your showing today.

14600 Triskett Road, Cleveland

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