44127 Ohio Multi-Family Homes for Sale

44127 Ohio Multi-Family Homes for Sale

$189,000
7 Beds 3 Baths 5209027 MLS
Welcome to this versatile and income-producing duplex offering strong cash-flow potential for both investors and homebuyers alike! The spacious front unit features 5 beds and 1.5 baths across two levels, with two bedrooms on the main floor and three additional carpeted bedrooms upstairs. Recent updates include LVP flooring, newer vinyl windows, updated light fixtures, refreshed finishes, newer cabinetry, laminate countertops, updated bathroom fixtures, new vanity, and newer tub surround. The rear unit offers a comfortable 2 beds, 1 bath layout, creating an excellent additional income opportunity. Separate gas and electric meters allow both units to operate independently, ideal for maximizing rental efficiency. Major improvements include updated PVC plumbing main stack and drain lines, newer furnaces, younger water heaters, updated electrical panels, updated exterior 100 AMP meter bases, glass block basement windows, vinyl siding, vinyl windows, and a newer roof. The property also includes washer/dryer hookups, a detached 1-car garage, and functional outdoor space. The income potential is strong, with the front unit currently vacant and projected at approximately $2,000/mo in market rent, while the rear unit is tenant occupied at $1,085/mo, providing immediate income from day one. Conveniently located near Washington Reservation, Morgana Park, and Mill Creek Falls, with quick access to Downtown Cleveland. Near major highways, public transportation, schools, shopping centers, restaurants, parks, and more. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to expand your investment portfolio or live in one unit while offsetting your mortgage with rental income, this cash-flowing duplex offers space, flexibility, and long-term upside in a growing Cleveland market. No wholesalers. No Seller financing. No low ball offers.

3359 E 65th Street, Cleveland

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

$128,000
3 Beds 2 Baths 5166104 MLS
WOW! Look at this fully occupied, TURNKEY up and down duplex-ready for a new owner! This property has been fully renovated from top to bottom! Down unit consists a charming layout with two bedrooms, nice sized living room with room for a dinette area, spacious kitchen, full bathroom, large walk in closet and private cozy front porch area! Up unit consists of private entrance with large upper staircase landing, full kitchen with dinette area, living room, full bathroom, one bedroom and plenty of storage space! Lots of natural light! Both tenants are Veteran Administration Supplemental Housing Program tenants with guaranteed rents of: Down $818/mo. and UP $751/mo. Both tenants pay their own gas/electric. Wonderful tenants! Basement is very spacious with solid foundation, mechanics and plenty of storage space! Updates include: NEW roof (complete tear off), Two newer high efficiency furnaces and two newer central air units, 2018 and 2021 hot water tanks, Newer ductwork throughout, newer windows up and down front of property, fully updated electrical and panels, newer pluming throughout and sewer drain/vents, newer gas supply line from street and ALL interior lines, and glass block windows in basement! Updated units with newer paint, fixtures, LVP flooring, tile surround baths/tubs/vanity/fixtures, updated kitchens/cabinets and exterior paint on porch! Charming curb appeal, cement driveway, one car garage, partially fenced in back yard! Close to freeway access, downtown, parks, restaurants, shopping, hospitals and more! Hurry, this will not last long!

5108 Hamm Avenue, Cleveland

Listing Courtesy of: Leilani M Bowersock, leilani7b@gmail.com With Coldwell Banker Schmidt Realty

Selling Office: RE/MAX Above & Beyond.

$273,500
6 Beds 3 Baths 5113000 MLS
Investor’s Dream at 5940 Engel Avenue, Cleveland, OH 44127 Attention investors! This fully occupied powerhouse delivers massive cash flow of $3,800 per month and is priced to sell. With an estimated Net Operating Income (NOI) of $29,600 and an outstanding 10.8% cap rate, this freshly renovated property is a turnkey gem offering immediate returns and lasting value. Completely updated in 2025, this triplex shines with all-new vinyl windows, fresh paint throughout, luxury vinyl plank (LVP) flooring, and new carpet in every unit—ensuring low maintenance and high tenant appeal. The property features three income-producing units, all currently occupied and optimized for profitability. Unit 1 is a spacious 2-bedroom, 1-bathroom unit generating $1,500 per month. Unit 2 is a flexible 3-bedroom, 1-bathroom layout (convertible to a 2-bedroom, 1-bath) bringing in steady rent. Unit 3 is an efficient studio yielding $800 per month, with the potential to combine with Unit 2 for a true 1-bedroom configuration—offering versatility to boost income. Rental registered with the City of Cleveland and boasting a 2025 lead certification, this property is fully compliant and move-in ready for investors seeking hassle-free ownership. Located in a high-demand area with convenient access to local amenities, this is a rare chance to own a high-yield, cash-flowing asset with modern upgrades throughout. Act fast—secure this income generator at $275,000 and start profiting today!

5940 Engel Avenue, Cleveland

Listing Courtesy of: John Currid, john@vsdrealty.com With VSD Realty, LLC.

Selling Office: VSD Realty, LLC..

$165,000
8 Beds 4 Baths 4487988 MLS
Introducing a LUCRATIVE INVESTMENT OPPORTUNITY in the heart of Cleveland, Ohio! This remarkable four-unit, all-brick building is strategically situated on East 55th, just a stone's throw away from Broadway, offering unparalleled convenience with quick access to downtown and major highways. If you're looking for an investor's dream, this is it. Currently, three of the four units are already rented out, ensuring immediate cash flow for savvy investors. With a well-established tenant base, you can start reaping the rewards of your investment from day one. Each unit boasts a spacious layout with two bedrooms and one bathroom, making them highly desirable for tenants seeking comfortable and affordable living spaces. The classic all-brick construction not only adds to the building's durability but also provides timeless charm that appeals to a wide range of renters. This property is priced to sell, representing an exceptional value proposition in today's competitive real estate market. Don't miss your chance to capitalize on this fantastic opportunity to expand your investment portfolio or kickstart your real estate journey. Property being SOLD AS IS. Investors and visionaries, seize this chance to secure a promising asset in Cleveland's thriving real estate landscape. Contact us today to schedule a viewing and take the first step toward building your wealth through this income-generating property. Your financial future awaits in the vibrant city of Cleveland, Ohio!

3247 E 55th, Cleveland

Listing Courtesy of: Jermaine N Brooks, jermainebrooks@kw.com With Keller Williams Greater Metropolitan

Selling Office: Mia Brown Realty.

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44127 Ohio Multi-Family Homes

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