44094 Ohio Multi-Family Homes for Sale

5 Beds ⋅ 7 Baths ⋅ 5190174 MLS

Exceptional mixed-use investment opportunity in the heart of Downtown Willoughby. Situated on a single parcel with ample off-street parking, this unique offering combines a fully leased historic brick triplex, a 7,200-square-foot commercial building, and a custom luxury residential loft, creating multiple income streams and significant upside potential. The front brick triplex is fully occupied and features three updated residential units with strong rental history. Unit 1 is a two-bedroom, one-bath residence with an updated kitchen, updated bath, and in-suite laundry, currently leased for $1,450 per month. Unit 2 is a fully updated one-bedroom, one-bath unit leased for $1,200 per month, while Unit 3 is a fully updated one-bedroom, one-bath unit leased for $1,300 per month. Current gross residential income totals $47,400 annually. The triplex benefits from newer HVAC systems and hot water tanks throughout.The rear commercial building offers approximately 7,200 square feet of flexible space currently occupied by a successful furniture upholstery business. The lower level includes warehouse space, offices, restroom facilities, laundry, and two oversized garage bays. The seller is willing to lease back a portion of the commercial space, providing an opportunity for immediate stabilized commercial income. Additional warehouse and commercial space offers further leasing potential.Above the commercial building is an impressive 1,650-square-foot custom-built loft featuring high-end finishes, an open-concept floor plan, private laundry, and an expansive rooftop deck overlooking Downtown Willoughby. The loft is currently owner-occupied and could generate approximately $2,500 per month ($30,000 annually) in additional rental income. Based on current rents and projected lease-up opportunities, the property offers the potential to generate approximately $135,000 to $141,000 in gross annual income. A rare opportunity to own a versatile mixed-use asset in Downtown Willoughby.

37931 Vine Street, Willoughby

Listing Courtesy of: Julie A Marous, juliemarous@bhhspro.com With Berkshire Hathaway HomeServices Professional Realty

Selling Office: Berkshire Hathaway HomeServices Professional Realty.

$329,000

5 Beds ⋅ 5 Baths ⋅ 5187864 MLS

Welcoming 35814 Ridge Road to market!A rare side by side Colonial multifamily property set back on nearly a 1 acre! Character and charm galore! 35814, currently vacant, and previously rented for $1800 is move in ready for a tenant or owner occupant. Features include 3 bedrooms and 2.5 bathrooms, beautiful hardwood floors, stone fireplace, 8 foot ceilings, and in unit laundry set up. Upstairs there is three bedrooms, two full bathrooms and a second floor laundry. One of the bedrooms has is own private bathroom(recently renovated) and the other two rooms are joined by a jack and jill bathroom. Other upgrades include new dishwasher(2025), and Hot water tank(2024). 35810 Ridge, currently rented at $950 a month, with a long term tenant, is meticulously cared for. Featuring hardwood floors, decorative fireplace with cozy living room, 2 bedrooms and 1.5 baths, and separate basement access with laundry. Each unit has a separate in unit laundry and separate basements. Separate hot water heaters, boiler/ HVAC, and air conditioning units. Other upgrades include central air conditioning added in 2023 (separate units for each side), new attic insulation, electric panel updates, added lighting in the kitchen and basement, new light fixtures/fans throughout, all larger unit bathrooms renovated, and new front door. Electric is separately metered, while gas is on one meter. Amazing views into a private wooded backyard. Perfect opportunity for an owner occupant or seasoned investor. Convenient located to major freeway access, restaurants, and much more. Schedule your private showing today!

35814 Ridge Road, Willoughby

Listing Courtesy of: Michael L Anter, michaelanter22@gmail.com With JAMM Real Estate Co.

Selling Office: Howard Hanna.

$215,000

5 Beds ⋅ 3 Baths ⋅ 5142267 MLS

This rare ranch duplex is a fantastic opportunity within walking distance of downtown Kirtland, just steps from Kirtland's award-winning schools and tucked away on a private, serene street! The property features two main units—one with four bedrooms and two baths, and the other with one bedroom, a bonus room, and a full bath, complete with updated kitchens and baths. The basement adds even more value with a bonus suite that includes egress, a walk-out entrance, a kitchenette, and an additional bath. Sitting on 1.5 wooded acres, the property also has an attached one-car garage, a rear deck, and plenty of potential for improvements. Whether you choose to live here while generating additional income or invest in the entire property for long-term returns, the opportunities are endless. Additional outdoor structures include a storage shed and a small greenhouse. With newer HVAC systems, a tankless hot water heater, and some replacement windows, this home is ready for its next chapter, are you?

9150 Florence Road, Kirtland

Listing Courtesy of: Julie A Marous, juliemarous@bhhspro.com With Berkshire Hathaway HomeServices Professional Realty

Selling Office: Keller Williams Greater Cleveland Northeast.

$357,000

5 Beds ⋅ 3 Baths ⋅ 5082438 MLS

This spacious brick Ranch has many possibilities, such as leaving this as a rental property with both sides rented, or converting it to a single family, with an additional living suite for your children or in laws, and a main living area for the owner. The updated Unit A has a good sized Living Room, a large Kitchen with a Dinette and Laundry area for you convenience, 2 Bedrooms and an updated full Bath. The larger Unit B has a comfortable Living Room and Dining Room area, a functional Kitchen with a Breakfast Bar, 3 bedrooms and a full Bath, with a half bath in Bedroom 3. The basement walks out through the new exterior door, with an Office, Workshop with a Kitchen sink (future Kitchenette?), and multiple storage areas. There is also a Barn on the property for additional storage and a Fire Pit for your enjoyment. There is a long list of improvements, such as HVAC replacement of both units and windows, included in the MLS. So many possibilities with the property.

9626 Chillicothe Road, Willoughby

Listing Courtesy of: Donna Toth, donnatoth@kw.com With Keller Williams Living

Selling Office: HomeSmart Real Estate Momentum LLC.

$280,000

6 Beds ⋅ 2 Baths ⋅ 5052708 MLS

Large 2 family home in a desirable neighborhood. Great opportunity to live in 1 unit and collect rent, or rent both units, or convert back to a single family. All utilities are separately metered including 2 water meters. Separate driveways. Newer Sanitary sewer and water supply were installed about 10 years ago from the street to the house. Large upside potential to increase rents.

38116 Wilson Avenue, Willoughby

Listing Courtesy of: Brian J Sellitto, briansellitto@gmail.com With Puppy Realty

Selling Office: Keller Williams Greater Cleveland Northeast.

$265,000

3 Beds ⋅ 4 Baths ⋅ 5048047 MLS

Attention all Wonderful Willoughby lovers! Looking to house hack in a great neighborhood? This rare, fully remodeled duplex is ready for a new owner. Live in one side and rent out the other or rent out both sides! Side A has a large eat in kitchen with a half bath/laundry and opens up to a nice sized family room with decorative ceiling beams. Head up the gorgeous wood staircase where there are two bedrooms and a full bath. Side B has its own retro themed kitchen, half bath, and living room with a brand new beautiful spiral staircase to access the 2nd floor. Upstairs there is a single bedroom, walkthrough dressing room/vanity station with a large closet, and a full bath. Prior renovations (2012) include removal of the plaster walls, new insulation, new drywall, new flooring, and removal of all knob and tube wiring that was replaced with romex, 200 amp panel, and new pex piping throughout the living space of the house. The sewer lines to the street have been replaced (2016), full house exterior paint (2022), and there is also an invisible fence installed around the house. 2024 updates include the spiral staircase, new carpeting throughout, fresh paint in most rooms, new crown molding, and new base molding. The previous owners replaced the roof (estimated at 14-15 years) and waterproofed the basement. Enjoy the breeze on the 3 season front porch watching passerby's make the 3 minute walk to the shopping and restaurants on historic downtown Willoughby! If a buyer doesn't want to use the house as a duplex, a couple quick changes would take the house back to a 3 bedroom, 4 bath single family residence. This one won't last long - schedule your showing today!

37818 2nd Street, Willoughby

Listing Courtesy of: Nycole R Kostelac, nycolek@contactplatinum.com With Platinum Real Estate

Selling Office: Berkshire Hathaway HomeServices Stouffer Realty.

$405,000

4 Beds ⋅ 4 Baths ⋅ 5021572 MLS

One-of-a-kind investment opportunity within walking distance of historic downtown Willoughby packed with shopping, dining, several beautiful city parks, & the Chagrin River. Fully updated century home with three profitable rental units; one 2BD/2BR, two 1BD/1BR, each with their own private entry. Located in a highly desirable quiet neighborhood. Your tenants will love coming home to this beautiful brick 2400 sqft Victorian home. Recently installed Trane high efficiency 3 zone furnace, each unit equipped with individualized climate control. Newer hot water heater & double hung vinyl windows throughout. Exposed brick & fresh paint in all units create an incredible esthetic. Recent investments include plumbing & electrical w/ 200 amp service. All appliances remain on property including refrigerators, microwaves, dishwashers, cooktop/ovens, washer & dryer. 1BD/1BR, 700 sqft, 4 rooms, has a private rear entrance, dedicated vinyl deck, hardwood floors, granite countertops in kitchen & bathroom, garbage disposal, ceiling fans in all rooms, and plenty of natural light. 2BD/2 BR, 1200 sqft, 5 rooms total. This upstairs unit has two floors of living space w/ a private side entry and patio, open floor plan & lots of natural light, brand new refrigerator, slide in glass top electric range, tile floor kitchen with carpet throughout & ceiling fans. Renovated 1 BD/1BR, 500 sqft, 3 rooms total has an amazing private front entry stone porch, granite counters, plank floors, and tile shower.

4436 Center Street, Willoughby

Listing Courtesy of: Brandon R Marquard, bmarquard@MCREohio.com With M. C. Real Estate

Selling Office: Platinum Real Estate.

$295,000

6 Beds ⋅ 4 Baths ⋅ 4503151 MLS

Here is your chance! Rare brick duplex in RIDGE ACRES, a sought-after central Willoughby Lake County neighborhood. A solid side by side with one unit rented and one vacant. This leaves the possibility open for an owner occupant to buy and 'house hack' with a low down loan. FHA 3.5% down loan eligible, or conventional as low as 5% down (Due to loan changes Nov 2023, ask your lender!). VA loan eligible with 0% down! Each unit has 3 bedrooms, 1.5 baths, and storage/laundry in the dry basements. One of 8 duplexes in a row, this end unit has the largest lot of all 8 with ample parking and room for expansion. New furnaces in both units (2021). Beautiful hardwood floors under carpets/LVP (photos avail). 2 car garage with new door (2022) and newer roof. Newer concrete drive/drains (2011). Fenced rear yard, large rear overhang over concrete patio. Building-wide front porch. Two large trees removed 2023. Not a converted century home, this is a newer purpose-built investment building. Low taxes! Current resident pays $1250 per month, market rent closer to $1500 per unit. High demand area. Residents pay utilities. ALL are split in this particular building which is unique to others on street. Residents pay water, sewer, gas, electric, trash, cable, and also split yard & snow duties/costs. Seller can close before or after 12/31/23 to assist with buyer tax planning or fund allocation. Rare opportunity to get started or to build your portfolio with this solid Lake County duplex! Don't wait!

5013 Robinhood Drive, Willoughby

Listing Courtesy of: Jeffrey L Brower, jeffbrower@kw.com With Keller Williams Grt Cleve NE

Selling Office: RE/MAX HomeSource.

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44094 Ohio Multi-Family Homes

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