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

$65,000
2 Beds 1 Baths 5242963 MLS
Bring your vision to this 2-bedroom, 1-bath single-family home in Cleveland's 44135 and unlock the potential of a true value-add opportunity. This property is in need of renovation, making it a great fit for an investor looking for their next flip, BRRRR, or long-term rental. With a manageable footprint and straightforward layout, there's plenty of opportunity to renovate, build equity, and bring this home back to life. The location adds to the upside. Cleveland's 44135 continues to see strong buyer and rental activity, with convenient access to West Park, Kamm's Corners, local restaurants, shopping, parks, Cleveland Hopkins International Airport, and major highways. The property is also within easy reach of Downtown Cleveland and the region's major healthcare and employment centers, including MetroHealth, Cleveland Clinic, and University Hospitals, making the area attractive for both homeowners and long-term tenants. For investors looking for an affordable entry point into Cleveland's west side, this property offers the chance to force appreciation through renovation while benefiting from continued neighborhood demand and long-term market growth. Whether your plan is to renovate and resell or hold as a rental, the combination of location, a 2-bedroom layout, and plenty of room to add value makes this one worth a closer look. Bring your contractor, run your numbers, and see what this property can become.

11914 Mcgowan Avenue, Cleveland

$89,900
4 Beds 2 Baths 5242252 MLS
Welcome to an exciting opportunity in Cleveland’s Saint Clair Superior neighborhood, an area experiencing continued revitalization, reinvestment, and renewed interest. Whether you’re looking for a place to call home or your next investment property, this well maintained home offers a great combination of long term care, important updates, and future potential in an up and coming area. Lovingly owned and occupied by the same owners for approximately 30 years, this property reflects true pride of ownership. Numerous improvements have already been completed, including flooring approximately 4 years old, central air 5 years old, furnace and water softener 5 years old, roof and garage roof approximately 7 years old, and a hot water tank just 3 years old. The front porch was completed approximately 3 years ago, the deck is approximately 10 years old, and the upstairs bathroom was updated about 6 years ago with a convenient walk-in shower. For an investor, the updates to several major systems provide a solid foundation while leaving room for additional cosmetic improvements and value creation. For an owner occupant, this is an opportunity to purchase a home that has been cared for and improved over three decades while becoming part of a neighborhood positioned for continued growth. With its combination of pride of ownership, major updates, investment potential, and location within the revitalizing Saint Clair Superior community, this property deserves a look. Schedule your showing today and see the possibilities!

920 E 73rd Street, Cleveland

$175,000
5 Beds 3 Baths 5242656 MLS
Excellent investment opportunity at 8311 Decker Ave! This triplex offers a desirable combination of established rental income, tenant stability, and additional income potential. The first-floor unit is currently vacant, allowing the next owner to immediately place a tenant at current market rents. CMHA rental rates in the 44103 ZIP code can reach as high as $1,209, providing an opportunity to further increase the property's gross monthly income. Unit 2 features 2 bedrooms and 1 bathroom and is occupied by a cash-paying tenant at $750 per month, with a lease through 5/1/2027. Unit 3 features 1 bedroom and 1 bathroom and is occupied by a cash-paying tenant at $600 per month, with a lease through 12/1/2026. The property also features furnaces and hot water tanks that are approximately five years old or newer, adding to the property's overall appeal as a largely stabilized multifamily investment. With two occupied units already generating income and a vacant unit ready for lease-up, this property offers investors a strong foundation of existing cash flow with built-in rental upside. The current lease structure provides stability in the near term while giving the next owner opportunities to increase revenue as leases turn over and rents are brought closer to market. Conveniently located near Cleveland Clinic, Downtown Cleveland, major employment centers, shopping, dining, and public transportation, with easy access to nearby highways and destinations throughout Northeast Ohio. A great opportunity for an investor looking to acquire a largely stabilized multifamily property with existing income and room for future growth.

8311 Decker Avenue, Cleveland

$174,900
3 Beds 1 Baths 5242631 MLS
This charming colonial home blends classic character with fresh, modern updates, and comfortable living spaces, making it an excellent option for buyers looking for a move-in-ready property! Step inside to find 3 bedrooms and 1 full bathroom, along with a spacious living room featuring a fireplace that adds warmth and character to the heart of the home. New LVP flooring extends through the living room, dining room, and kitchen, creating a clean look. The adjoining dining room provides a welcoming setting for everyday meals and gatherings. The kitchen offers newer cabinetry, backsplash, and plenty of functionality, with the dishwasher, stove, refrigerator, and microwave all included. Neutral interior colors make the home feel bright and versatile, while fresh paint has been completed throughout much of the property, including walls, trim, doors, ceilings, stairways, and portions of the basement. Carpeting has also been professionally deep cleaned, and the entire home received a thorough cleaning. The updated bathroom features a tub-and-shower combination with tile surround. Newer windows, updated electrical details—including LED lighting, new outlet and switch covers, and smoke and carbon monoxide detectors—add to the home’s refreshed feel. Downstairs, the basement provides valuable additional storage space, laundry hookups, and potential for future value-add potential. Outside, enjoy a rear balcony overlooking the property, plus detached 1-car garage. Conveniently located in Cleveland with easy access to I-480, this home provides excellent connectivity throughout Greater Cleveland, near major roads, public transportation, schools, parks, restaurants, shopping, and other local amenities. With its Colonial charm, updates and convenient location, this home offers the kind of comfort and versatility that makes it easy to feel at home from the moment you walk through the door! Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

5005 Vandalia Avenue, Cleveland

$69,900
4 Beds 2 Baths 5242565 MLS
No wholesalers. No Seller financing. No low ball offers. This colonial is a compelling BRRRR investment opportunity with strong income potential and multiple rental strategies to consider! Offering over 2,000 sqft of living space, this vinyl-sided property gives investors the size, layout, and value-add potential needed to create a solid cash-flowing asset within a growing portfolio! Inside, the home features 4 bedrooms and 2 full bathrooms, along with a spacious living room, a functional kitchen, and an adjoining dining area that creates a comfortable and practical layout for future tenants. The property primarily needs cosmetic and rent-ready updates, giving an investor the opportunity to improve the home without taking on an extensive repositioning project. The market rent is approximately $1,600+ per month, with the possibility for additional upside. An additional advantage for investors is that the property is already lead certified, helping remove an important step from the rental preparation process. Location adds another layer of potential. The property offers convenient access to Downtown Cleveland, major highways, Lake Erie, and Cleveland’s lakefront, Cleveland Clinic-area hotels, University Circle and recreational destinations, putting employment centers, entertainment, outdoor recreation, fishing areas, and everyday conveniences within easy reach. Its accessibility may support a traditional long-term rental strategy while also giving investors the opportunity to evaluate alternative rental models where permitted. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With strong rental potential, a spacious flayout, lead certification, and room to create additional value, this property offers the features investors look for in their next BRRRR or income-producing acquisition! Schedule our showing today!

1012 E 72nd Street, Cleveland

$119,000
3 Beds 1 Baths 5240135 MLS
Welcome to a home that has been thoughtfully refreshed and beautifully prepared for its next chapter. This inviting 3-bedroom, 1-bath Cleveland home offers 1,218 square feet of comfortable living space, blending a warm, welcoming feel with the convenience of numerous recent updates. From the moment you step inside, fresh paint, modern flooring, and updated windows create a bright and polished atmosphere that feels instantly comfortable. Spacious living areas provide plenty of room to unwind, gather with friends and family, or create spaces tailored to your lifestyle, while three well-appointed bedrooms offer flexibility for family, guests, a home office, or hobbies.The kitchen and living spaces flow naturally together, creating an easy setting for everyday living and entertaining. Major improvements have already been completed, including a brand-new furnace and water heater, as well as updated plumbing and electrical systems, allowing you to enjoy the home with added peace of mind. The freshly painted full basement adds even more versatility, offering generous storage space and plenty of room for whatever your needs may be.Outside, the home's established setting provides a comfortable backdrop for enjoying the seasons and making the property your own. With its inviting interior, thoughtful updates, and move-in-ready appeal, this home offers the perfect opportunity to settle in, add your personal touch, and enjoy all it has to offer. For an investor, the extensive improvements and rent-ready condition make this an equally appealing addition to a rental portfolio.

3357 E 149th Street, Cleveland

$150,000
5 Beds 2 Baths 5242304 MLS
Welcome to an updated & income-producing Colonial offering an excellent opportunity for investors seeking a turnkey addition to their rental portfolio! The home features 5 bedrooms & 2 bathroom, providing a spacious & versatile layout with strong rental potential. The main living area offers a comfortable living room, a renovated kitchen featuring newer cabinetry, butcher block countertops, recessed can lighting, & modern finishes, with adjoining dining space, & plenty of room throughout for everyday living. The basement provides additional storage space along with potential for future value-add opportunities. The property has undergone extensive updates, newer LVP flooring runs throughout the home, while the updated bathroom offers a refreshed & contemporary appearance. Additional improvements include newer vinyl windows, updated plumbing & electrical systems, newer roof, newer hot water tank, & newer furnace—helping reduce the likelihood of major near-term capital expenditures. Investors can begin generating income from day one, as the property is currently tenant occupied at $1,800/mo., on a month-to-month lease. The combination of strong rental income, 5 bedroom configuration, substantial improvements, & an existing tenant makes this an attractive opportunity for investors. Located in Cleveland with access to major roads & public transportation, the property is also near shopping, schools, parks, restaurants, & a wide variety of everyday amenities. Professional management in place & willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab & construction services available for remote investors! Whether you’re looking for immediate cash flow or a well-updated rental with long-term income potential, this property offers the space, improvements, & rental performance investors look for! Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

994 Parkwood Drive, Cleveland

$65,000
3 Beds 2 Baths 5242155 MLS
No wholesalers. No seller financing. No low-ball offers. This Cape Cod-style single-family home offers 3 bedrooms, 2 bathrooms, and a detached 1-car garage. The property features vinyl siding, a newer roof, newer hot water tank, and a newer furnace. Currently vacant, the home presents a strong value-add opportunity, with some cosmetic rehab this property will be rent-ready in a short period of time, including flooring updates, drywall repairs, electrical and plumbing fixture updates, and a bathroom refresh. The property has an estimated market rent potential of approximately $1,200 per month, making it an attractive opportunity for an investor looking to add value through a straightforward interior renovation. Ready for the next investor to take over, complete the cosmetic improvements, and unlock the property’s rental potential. Located in Cleveland, on the same street as CMSD’s John Adams High School, with convenient access to Gawron Park, Samone’s Kitchen, Che’Marie’s, UH Cleveland Medical Center, Breakthrough Southeast, John Carroll University, Miles Supermarket & State Liquor Agency. Also with easy access to Garfield Park Reservation and Union Miles Park, and near major roads, public transport, restaurants, schools, parks, shopping, and all local amenities. Full-service property management is available, with dedicated departments for leasing, marketing, and tenant communication, along with rehab and construction services for remote investors. With its exceptional size, flexible layout, historic character, and future value-add potential, this property presents an exciting opportunity for investors looking to capitalize on a truly unique Cleveland asset. Bring your vision, maximize the possibilities, and add a standout property with serious potential to your portfolio! Schedule your showing today!

12504 Angelus Avenue, Cleveland

$179,900
6 Beds 2 Baths 5242078 MLS
FULLY REMODELED DOWN TO THE STUDS 6-BEDROOM INVESTMENT OPPORTUNITY IN LEE-MILES! Turnkey, fully remodeled from the studs up, this impressive 6-bedroom, 2-full-bath home offers exceptional flexibility for both investors and owner-occupants. Every major system has been updated, including all-new electrical, all-new plumbing, a new roof, new vinyl windows, and central air—giving you the peace of mind of a truly modernized property. Inside, you'll find new LVP flooring, durable new carpeting, fresh paint, new light fixtures, updated bathrooms with walk-in showers and new vanities, and a beautifully finished kitchen featuring a stone tile backsplash and track spotlights. The oversized living room provides plenty of common space, while six bedrooms create tremendous flexibility for larger households or income-producing rental strategies. For investors, the possibilities are substantial. The generous bedroom count and functional layout make this property an excellent candidate for a group home, room-rental strategy, or other shared-housing model. It may also be well-positioned for Section 8 housing, with a CMHA payment standard of up to $2,526/month for qualifying 6-bedroom units, subject to program requirements, inspection, and tenant eligibility. Whether you're looking for a turnkey rental, high-demand shared housing opportunity, or a spacious renovated home, this Lee-Miles property delivers the combination of size, condition, and income potential that investors look for.

16712 Glenpark Avenue, Cleveland

$?
3 Beds 2 Baths 5242167 MLS
Live The Cleveland Lifestyle. Penthouse condo suite with a Private Rooftop Overlooking Lake Erie and Downtown Cleveland. Walking Distance to Sporting Events, Concerts and Fine Dining. 3 Bedrooms, 2 Bathrooms, Tastefully Updated. Cleveland, OH, Cuyahoga County. Live On-site Auction with Online Bidding Available. Absolute auction, all sells to the highest bidder. ONLINE BIDDING BEGINS SUNDAY, SEPTEMBER 20, 2026, AT 9:00 AM, AND LIVE ON-SITE BIDDING WILL BEGIN MONDAY, SEPTEMBER 21, 2026, AT 12:30 PM. Real estate offers a 3-bedroom, 2-bathroom penthouse suite with one of the largest private rooftops showcasing spectacular views of Lake Erie and the city of Cleveland. Very stylish and contemporary, well-maintained condo with features including modern lighting, wood floors, an exposed brick 2-way fireplace, and large windows overlooking the city. You're sure to enjoy the high ceilings that promote an open and airy layout. The kitchen offers a stylish backsplash, concrete countertops, stainless appliances, and beautiful cabinets. The master bedroom is very spacious and offers a custom walk-in closet, spa-like bath with a large multi-headed shower, jetted tub, and concrete trough sink. Additional features include a second sizable bedroom w/ full bath and a second-floor loft that leads to the private rooftop, perfect for relaxing or entertaining. Private parking available for a monthly fee through management.

1260 W 4th Street Unit 602, Cleveland

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