Browse All Cleveland Heights OH Between $700K - $800K Properties for Sale

5197568 MLS

Rarely does a property this well-positioned and well-built come to market in Cleveland Heights. This all-brick eight-unit building sits directly in the heart of Coventry Village, one of Greater Cleveland's most culturally vibrant neighborhood corridors. At $725,000 (just $90,625 per door), you are acquiring a hardened asset in a submarket where tenants plant roots and stay for years. Two units are vacant and actively being marketed, and once those lease up, you're looking at a stabilized effective gross income of $117,000 annually, already accounting for 5% vacancy. The real upside is clearly defined. Six of the eight units are oversized three-bedroom, one-bath apartments with a bonus room functioning as a fourth bedroom, an extremely rare floor plan that has been chronically underrented for years. Beautiful hardwood floors run throughout, the building features a newer boiler, updated electrical, vinyl windows, and on-site laundry for additional passive income. As leases turn and rents reach market, effective gross income rises to over $135,000 annually and NOI climbs to $61,835, an 8.83% proforma cap rate on the same $725,000 basis. The two basement two-bedroom units represent a clear cosmetic value-add layer on top of that organic rent growth. Then there's the parking. Garage parking at the rear is nearly impossible to find in Coventry and functions as both a retention tool and premium driver for the tenant profile you want here. Steps from the Grog Shop, Tommy's, Pacific East, and the B-Side Lounge, and minutes from the Cleveland Museum of Art, Severance Hall, and Little Italy. Cleveland Clinic, University Hospitals, and Case Western sustain a deep pool of professional renters within a five-minute drive, the workforce renter who values walkability and secure parking stays three years, not one. At $90,625 per door on an all-brick building with a clear path to an 8.83% proforma cap rate, this is a genuinely rare opportunity. Properties like this don't sit long.

2729 Euclid Heights Boulevard, Cleveland Heights

$725,000

5095915 MLS

Charming Multi-Unit Investment Opportunity–Turtle Park Apartments. Affectionately named after the park adjacent to the building. Charm and character abound in this exceptional income-generating opportunity in the heart of Cleveland Heights! Turtle Park Apartments features 8 spacious suites—(6) 3BR/1BA and (2) 2BR/1BA units. As tenants have moved out, half of the units have been thoughtfully updated with new kitchens, baths, fresh paint, modern fixtures, appliances, and windows. With a proforma rental income of $10,250 per month, this property is primed for strong returns. Key updates include plumbing and electrical improvements, as well as a repaired and updated main sewage line. The roof and boiler are in excellent condition and are regularly serviced. Additional features include: 6 parking spaces (3 covered, 3 uncovered), motion-activated common area lighting for efficiency and safety, on-site coin laundry for additional income. Two vacant units available for viewing; all updated units are currently rented. Photos showcase one updated unit and two non-updated units—all updated units reflect the updated unit photos. Ideally located near downtown, major hospitals, universities, and all that Coventry has to offer, this is a prime opportunity for investors looking for a well-maintained, income-producing asset. Don't miss out!

2617 Euclid Heights Boulevard, Cleveland Heights

$765,000

8 Beds ⋅ 4 Baths ⋅ 4464730 MLS

OPEN HOUSE SCHEDULED 6/24 CANCELLED - Nestled within the picturesque Euclid Golf Historic District of Cleveland Heights, this masterfully updated and exceptional home spans 5,000 square feet while blending grandeur and sophistication with historic charm and modern amenities. Step through the foyer to discover a beautifully updated haven with freshly refinished hardwood floors, creating an inviting ambiance throughout. The expansive first floor boasts a convenient powder room, a massive living room, dining room, a comfortable family room, and a morning room adjacent to the updated kitchen. On the second floor you'll find two full bathrooms with a thoughtfully designed 6 bedrooms including the master bedroom that joins a bonus room with endless possibilities for an office, nursery, or exercise room. The privately accessible third level includes an impressive suite, complete with a large living room, a bedroom and full bathroom. Step outside to a true Summer oasis with the inviting swimming pool and patio, perfect for indulging in relaxation or entertaining. With every detail accounted for, the home is freshly painted throughout and includes a Generac generator and a brand new dual-zoned central AC system. Meticulously maintained for over 40 years, this home represents the epitome of luxurious living, where craftsmanship meets comfort. Walkable to Cedar Fairmount. Just a short drive to Little Italy, world class museums and downtown. Welcome to 2249 Demington, Welcome Home!

2249 Demington Drive, Cleveland Heights

$775,000

7 Beds ⋅ 4 Baths ⋅ 5051309 MLS

Welcome to this magnificent 7-bedroom, 7 fireplace modern Day Castle nestled in the heart of Cleveland Heights. This stately manor boasts an abundance of character and offers extra spacious rooms on every floor. Enjoy the rich charm of floor to ceiling French doors that bathe the family room with natural light, a formal dining room with a beautiful fireplace, and a meticulously crafted library with built in shelves perfect for quiet moments of relaxation or scholarly pursuits. The stunning, updated kitchen features modern amenities and a layout designed for both culinary excellence and entertaining guests with ease. The kitchen offers great natural lighting, stainless steel appliances and a hand-crafted butler's pantry with custom shelving. A first- floor laundry room provides practicality and convenience with built in shelves, dedicated clothes hanging area, and plenty of room to maneuver comfortably. With its elegant design and thoughtful updates throughout, this home offers a harmonious balance of historic charm and contemporary comfort, making it an ideal residency in Cleveland Heights. In addition, it is conveniently located minutes away from Cleveland's major hospitals, restaurants, museums and theater district.

2558 Fairmount Boulevard, Cleveland Heights

$725,000

4 Beds ⋅ 2 Baths ⋅ 5023452 MLS

Entered for comp purposes only.

2327 N Park Boulevard, Cleveland Heights

$807,500

7 Beds ⋅ 5 Baths ⋅ 5020376 MLS

Discover the epitome of modern living at 2765 Fairmount Blvd, Cleveland Heights. This 7 bedroom, 4.5 bathroom residence seamlessly combines classic elegance with contemporary upgrades. This renovation has been inspected and is point of sale compliant with the city of Cleveland Hts. Step inside to find a meticulously renovated home boasting not only new HVAC systems but also upgraded electrical lines, outlets and panels, ensuring the safety and efficiency of your living space. The main level showcases an open floor plan that effortlessly connects the living, dining, and kitchen areas. Newly refinished hardwood floors, classic wood-work, creating an inviting atmosphere throughout. Cozy up by the fireplace in the living area, or gather with loved ones in the spacious dining space. The kitchen is a chef’s dream, featuring abundant soft-close and lighted cabinetry and a convenient center island with breakfast bar. Unwind in the luxurious primary suite, complete with an en-suite bathroom that includes dual vanities, a soaking tub, and a separate ‘walk-through” shower. Additionally there are six spacious bedrooms, two share a “Jack and Jill” and one with private en-suite bathroom. The third floor houses a large entertainment room perfect for movie night or other recreations. Outside, the covered patio area sets the stage for outdoor gatherings, surrounded by greenery. Nestled in the heart of Cleveland Heights, this home grants easy access to local parks, shopping, and dining. *Buyers who will occupy the home can apply for a 7 year tax abatement with the city!

2765 Fairmount Boulevard, Cleveland Heights

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Between $700K - $800K Cleveland Heights Real Estate

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