Browse All Mayfield Heights OH Above $1M Properties for Sale

***Recent appraisals available upon request on majority of properties***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!

6601 Ridgeview Road, Mayfield Heights

$1,025,000

3 Beds ⋅ 3 Baths ⋅ 5074040 MLS

Introducing 117 Bridgeport Way, A stunningly designed, low maintenance home that sits on a premier waterfront lot, in the highly desirable Bridgeport community. This like new, luxurious residence offers 3 bedrooms, 2.5 bathrooms, and over 3500 sqft of living space. As you enter through the inviting two-story foyer, you will be greeted by the open floor plan and the gleaming hardwood floors flowing through the main living spaces. Walls of windows cloak practically every room in a warm natural light. The kitchen is a chef's dream, featuring leather granite countertops, solid wood cabinetry with a custom smoked glass inlay, stylish, glass tile, backsplash, a complete suite of top-of-the-line appliances, and high end finishes. Just off of the kitchen, you’ll find a coffee bar and additional pantry space. The kitchen overlooks the dining and living space with a sleek, gas fireplace, and sliding glass doors to the maintenance free two-story deck, overlooking the water. Just off of the living space is the primary suite complete with an expansive walk-in closet and an en suite bathroom with tile, walk-in steam shower, double vanities and a stunning porcelain floor. Rounding out the main level is an additional office with french doors for privacy, a half bath, laundry room and mudroom. The second floor hosts two additional bedrooms and a full bath. The expansive walkout lower level offers an additional living space, including a spot for a home gym, roughed in plumbing for another full bath and sliding glass doors that lead to the 4 season sunroom. The sunroom boasts custom designed windows and a built in gas heater for using the space anytime of year. Inside and out, this home is a perfect vision for entertaining, with modern amenities and the elegance that comes with living in the Bridgeport community!

117 Bridgeport Way, Mayfield Heights

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