The median home value in Cleveland, OH is $116,000.
This is
lower than
the county median home value of $145,900.
The national median home value is $308,980.
The average price of homes sold in Cleveland, OH is $116,000.
Approximately 36% of Cleveland homes are owned,
compared to 45% rented, while
19% are vacant.
Cleveland real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Cleveland real estate agent to arrange a tour today!
Learn more about Cleveland.
Introducing a promising investment opportunity in the up-and-coming "West 80's" neighborhood, adjacent to Edgewater in Detroit Shoreway on Cleveland's west side! This all-brick 6-unit property offers individual furnaces and hot water tanks, along with updated electrical panels for added convenience and efficiency. Currently, two units await light turns to make them rent-ready, mainly requiring flooring and minor touch-ups. With four units already occupied, the property collects a total gross monthly rent of $3,190. However, upon full occupancy at market rents, the potential monthly income could soar to $6,000. Each unit features a comfortable 2-bed/1-bath layout, ensuring broad appeal to prospective tenants. Notable updates include the replacement of all six water tanks within the last five years and the recent replacement of two furnaces, with the remaining four furnaces in satisfactory working condition. Don't miss the chance to capitalize on this opportunity in a neighborhood on the rise, offering both immediate returns and long-term potential for growth!
Welcome to 1340 West 65th, a meticulously maintained mixed-use commercial property offering an exceptional blend of residential and retail convenience. In the heart of Gordon Square, this property presents an enticing prospect for investors seeking both steady rental income and long-term appreciation. Great potential for value add. Rents are underneath market and a few units are due for cosmetic upgrade. See virtual walkthrough. Newer rubber roof (2020). Newer boilers (2017-2019). Newer minisplits in retail space. Seller also owns blue building next door located at 1344 West 65th. Seller would potentially sell both as a package deal. View the virtual tour to see all the units. Property being sold as is.
nice commercial building centrally located near i90 with over 5000 square feet*numerous possibilities for this building would include industrial, medical, restaurant/food, day care, church and other uses*kitchen area*full basement*addition with brick oven/fireplace* this property has much promise and income potential*motivated seller may consider lease option with sizable down payment and proven credit*building and addition can be converted to suit your buyers needs*lots of space to operate your business*fast occupancy possible*
Step into the unique world of 9713 Denison Ave, Cleveland, Ohio, 44102, where the promise of a thriving business and a cozy home blend seamlessly. Right on the street, you'll find a charming, free-standing storefront that's just waiting to be the new hotspot for your venture"imagine the buzz of customers and the flourish of activity in your own space!Behind this potential-packed business front, a house with heart awaits. It's not just any house"it's one that's been lovingly updated to offer you a modern retreat with all the comforts of home. Think of two spacious bedrooms where you can stretch out, relax, and truly make your own. There's also a stylishly updated bathroom that's sure to make your mornings bright and easy.But that's not all"the property boasts a hidden gem with its crawl space, a smart solution for all your storage needs to keep your living area neat as a pin. And for those who know the value of a good parking spot, this property has you covered with plenty of parking space on the side"golden in a lively neighborhood like this.Already home to a tenant, this residence is currently bringing in a rental income of $925, proving it's not just a place to live and work, but a wise investment, too.Ready to see it for yourself? We invite you to come by and envision the bustling business you could create and the peaceful home life you can enjoy"all in one prime Cleveland location. 9713 Denison Ave is more than an address"it's where your dreams can take shape. Schedule your visit and discover where opportunity meets the comfort of home!
Tremendous Value Added Opportunity!!! Seller Financing available 28 Suite Apartment Building located on Cleveland's West Side (Near Cleveland/Lakewood border). This building is for the experienced investor that is able to do a COMPLETE Commercial Renovation. All Architectural Plans have been approved by the City of Cleveland. The property is grandfathered in for 15 year Tax Abatements.
Build whatever you can dream! This sizable property sits adjacent to Gordon Square, 78th Street Studios and down the street fromEdgewater Park. The land is zoned commercial and is in the overlay district, meaning it can be designed to be 4 stories over podium. Build your dream home (and multi-car garage) or build your dream investment property (the land can fit 4-5 townhomes, as an example). See photos & supplements for architectural drawings and more. The owner has architectural drawings for a 2-unit building plus carriage house / garage; and also a 5-unit townhome layout. The current building on the property would require significant renovations or can be torn down -- Seller has more information on tear down; inquire if interested.
The Bar is offered separately at $350,000 based on 2022 gross receipts of $534,000, confirmed by the Clover POS. The building will not be sold separately. Based on a $550,000 valuation, the cap rate is 8.5%, calculated by dividing the NOI of $46,588 by $550,000. The rent and expenses are actual from 2022, not proforma. As is obvious, there is room to raise rents, for all tenants are MTM. The Hawk, as well is the head shop, record store and four apartments (two 1BR and two 2BR), are in pristine condition, so the new owner can start serving drinks and collecting rent with no additional investment. All bar employees are excited to stay on with new ownership. The same owners have maintained this property located a few blocks from Lakewood for 27 years. Improvements over the past ten years include new roof, sky lights, windows, electrical service, water tanks, AC in bar and retail, and rhino shield. Since 2019, investments include Clover POS, ice machine, bar sink, coolers and asphalt parking lot. The new boiler was installed in 2024.
Opportunity knocks on Cleveland's Westside! Used as a car lot for the past several decades, this commercial property has so much potential. A paved lot provides ample parking in the front and back and includes a 2 room office with full bath and outbuilding with car lift. Minutes to downtown Cleveland, public transportation and freeways.
This mixed use building located on the west side of Cleveland is waiting for you. with six rental units upstairs which is 100% occupied with guaranteed cash flow. three of the units are Eden tenants and has met the Eden requirements for Eden occupancy. The other three has room for increase rents. Updates has been done in 2023 such as Added additional security lights around the premises,scrapped and painted back porch and windows, new security glass installed front entrance, repaired all residential windows, for each unit, Unit 4 has new dry wall, throughout, bathroom kitchen cabinets and floor, Fixed and repaired setback roof over 9017 Denison retail space, new laminate flooring in units 1, 2,4,5,6, and kitchen. There are two retail spaces that need TLC but has potential. this is a property you don't want to miss out on.
Explore the endless possibilities of entrepreneurship with this long-established grocery store nestled in a prime location! Boasting a diverse range of offerings, from an extensive beer and wine selection to the thrill of lottery excitement, this business is a cornerstone of the community. With a solid reputation built over the years, seize the opportunity to take the reins of this thriving enterprise. The perfect blend of tradition and innovation awaits its next ownerdon't miss out on this golden investment in a bustling neighborhood!"
Masonry commercial building with parking lot and the opportunity to create a drive through. Single story building built in 1977 that is a blank canvass for your business venture. Features 13' ceiling height, storefront including glass man door, overhead door behind the storefront, side door to parking lot and 3 phase electric. Paved parking lot included along with a lot behind that stretches from the back corner of the building to West 50th which creates the opportunity for additional parking and/or drive through potential. Excellent location just off of the Shoreway between the two quickly growing areas of Hingetown and Gordon Square. Minutes to Downtown and University Circle. Walk to restaurants, coffee shops and theaters. Bike to Edgewater Park or connect to the Towpath Trail on the Lakefront Bikeway. Be a part of the growth of this thriving area.
Looking for a turnkey business opportunity? Rare chance for immediate return on investment. Finishable attic could further increase monthly income drastically. It's a great property to expand your investments! Roof is new November 2023. Complete interior repaint this year, and the home looks crisp. Exterior porches also repainted. Basement has been sealed and painted. Character throughout: high ceilings, multiple porches, huge pantry, finishable attic, decorative fireplace and wood floors. There is a two car detached garage that was sided in November as well. Central location is near restaurants, shopping and entertainment, with easy access to main highways.
Don't miss this opportunity to purchase this unique piece of property. Just over 1 acre situated on Lorain Ave. between W53rd and W55th in the Detroit Shoreway Neighborhood. Office Building/Commercial Service Garage with separate retail storefront and 2 residential apartments. Redevelopment Opportunity! Great location just west of downtown Cleveland.
Introducing an extraordinary investment opportunity! Nestled in a prime location just moments from the serene lake and mere minutes from the highway, this commercial building is poised for success. With 5 apartments currently undergoing an exquisite remodel and 3 commercial retail units already revitalized, the potential for substantial income is undeniable. But here's the exciting part - you have the chance to secure this gem before the remodeling is complete, and the seller is open to negotiation on the price. Don't miss out on the chance to own this beautiful building and start reaping the rewards of your investment..This location is in the Detroit-Shoreway neighborhood Cleveland nearby parks include EDGEWATER STATE PARK,CUDELL PARK and RECREATION CENTER.Act now to unlock the full potential of this property and embark on a journey to excellence in real estate.
Rare chance to develop / build in one of Cleveland most sought after locations. Less than 1 mile from Gordon Square, Edgewater, Hinge Town, W 25th and Downtown. Lot is currently being used as a parking lot. So many options with so much potential. Contact agent now for more information.
Redevelopment opportunity in prime Gordon Square. Freestanding semi-industrial manufacturing/warehouse/office space, totally fenced, on 2.20 acres with plenty of room for parking. 43,896 square feet of first floor warehouse space. 1st and 2nd floor with 8,330 square feet of office space. Great location just west of downtown Cleveland, in Gordon Square near Battery Park. Within close proximity to the Shoreway, I-90, I-77 and I-71. Views of Lake Erie and Downtown Cleveland.
Over 32 years in business. Restaurant and Traven, Breakfast lunch and dinner. Great location. 75 seats plus dinning area and bar. operation hours are 8am to 1:30am. Business sale only
Olde River Yacht Club is Cleveland's premier deep water dockominium/marina. Prime location with development potential. Gated entrance. Ownership of 144 docks, and majority controlling interest in 3 of the 5 board seats to OYC. Newer floating docks with dockside water, electric (30amp or 50 amp power), and cable TV thru spectrum. Updated clubhouse with restaurant, patio with sun lounging area, heated pool, cabana bar, indoor bathhouse, on-site laundry, and picnic and barbeque areas. Olde River Yacht Club is a dockominium marina and currently exists as a yearly-lease yacht club. Minutes from downtown Cleveland, the Flats, the Warehouse District, the Rock Hall, and Progressive Field. Just off Edgewater Park Exit on the Cleveland Memorial Shoreway (OH 2). Stroll distance to Edgewater Park and the fishing pier. Additional parcels may be available at additional cost.