Rice Heights Homes for Sale

Attention investors! Don't miss this turnkey, income-producing two-family property generating $2,322 per month in rental income with both units currently occupied and being professionally managed. In 2024 this home was renovated with updated kitchens and bathrooms, interior paint, new carpet, new furnaces, and new hot water tanks, offering a peace of mind and minimal maintenance for years to come. Downstair unit has 2 beds and 1 bath. Up unit has 2 beds/1 bath and includes a finished 3rd floor with 1 bed and 1 full bath making this unit a 3/2. Whether you're looking to expand your portfolio or purchase your first investment property, this cash-flowing duplex is a fantastic opportunity with reliable rental income already in place. Start earning from day one!! Conveniently located near Shaker Square, parks, schools and restaurants.

3040 E 126th Street, Cleveland

Listing Courtesy of: LaTanya C Jackson, latanya216realtor@yahoo.com With EXP Realty, LLC.

$129,900

4 Beds ⋅ 2 Baths ⋅ 5222633 MLS

Turnkey, cash-flowing duplex just one block from Shaker Heights! This fully updated investment property offers immediate income and excellent upside, making it the perfect addition to any rental portfolio. The first-floor unit is occupied by a CMHA tenant paying $987 per month, providing reliable, guaranteed rental income with a check in the mailbox every month. The upper unit is vacant and ready for tenant placement, allowing the next owner to increase cash flow immediately. Professional property management is already in place and willing to remain for a truly hands-off investment experience. Recent improvements include a newer dimensional shingle roof, newer vinyl windows, easy-maintenance vinyl siding, updated kitchens with newer cabinets and countertops, updated bathrooms featuring newer vanities and tiled showers, newer LVP flooring and carpet throughout, and updated 100-amp electrical panels. A finished third-floor room with an electric baseboard heater offers additional usable living space and added flexibility. The property also comes with a City of Cleveland rental registration and Lead Safe Certificate already in place, helping make this a smooth, turnkey acquisition for investors. Whether you're looking to add dependable cash flow to your portfolio or secure a low-maintenance investment in a strong rental location near Shaker Heights, this duplex checks all the boxes.

12905 Griffing Avenue, Cleveland

Listing Courtesy of: Ian Grame, iangrameREALTOR@gmail.com With Key Realty

$67,500

3 Beds ⋅ 2 Baths ⋅ 5201282 MLS

Great opportunity to own a cash-flowing property in a strong rental area! This 3-bedroom home offers a spacious layout with an updated full bathroom, fresh interior finishes, and move-in ready potential with only minor improvements needed. Conveniently located near Shaker Square, public transportation, parks, and major employment hubs including University Circle and Downtown Cleveland. Situated in a high-demand rental pocket with market rents estimated between $1,250–$1,450/month. Ideal for investors looking for a light value-add or buy-and-hold opportunity. Property is being sold AS-IS Don’t miss your chance to secure a solid investment at a great price!

3018 E 128th Street, Cleveland

Listing Courtesy of: China Rios, china.rios@exprealty.com With EXP Realty, LLC.

Selling Office: RE/MAX Above & Beyond.

$95,000

4 Beds ⋅ 2 Baths ⋅ 5176466 MLS

Investor Special in a High-Demand Rental Area! This vacant duplex offers strong cash-flow potential in one of Cleveland’s most investor-favorable corridors, known for steady rent demand, proximity to major employers, and ongoing neighborhood revitalization. With spacious layouts, covered outdoor spaces, and key mechanical updates already completed, this is an ideal value-add opportunity. The property features vinyl siding, a younger roof, updated electrical, and vinyl windows in the down unit. Both units offer 2 bedrooms and 1 full bathroom, along with younger furnaces and hot water tanks installed in 2023. The down unit includes a fridge and stove plus a large covered front porch, while the up unit offers a fridge and its own large covered front balcony. Shared laundry with a washer and dryer included is located in the basement, and off-street parking adds additional tenant appeal. There is also potential to create a bonus room in the attic for added usability or income. With only minor cosmetic updates needed, each unit can be listed for $1,000+ per month, making this a low-priced duplex with excellent upside once stabilized. Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors. Schedule your showing today! No wholesalers. No Seller financing. No low ball offers.

3039 E 126th Street, Cleveland

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

Selling Office: RE/MAX Haven Realty.

$63,500

4 Beds ⋅ 2 Baths ⋅ 5175562 MLS

Duplex in attractive neighborhood with strong value-add potential. Property offers two 2-bedroom, 1-bath units with a solid layout and good upside for investors. Interior areas require repairs and updating, providing an excellent opportunity to add equity through renovation. Being sold AS-IS. BATVAI.

3062 E 130th Street, Cleveland

Listing Courtesy of: Kristian Freiwald, cleveland@domus-realty.us With Domus Realty

Selling Office: Home Equity Realty Group.

$107,000

4 Beds ⋅ 2 Baths ⋅ 5174585 MLS

Fantastic investment opportunity! This solid duplex offers immediate income with a long-term tenant in the upstairs unit and a fully renovated, rent-ready downstairs unit—perfect for an owner-occupant or an investor looking to add strong cash flow to their portfolio. The upstairs unit is currently occupied by a reliable long-term tenant providing stable income from day one. The downstairs unit has been recently updated and is completely move-in ready, giving you the flexibility to place a new tenant at market rent-estimated at 1200 a month-or live in it while the upstairs tenant helps cover your mortgage! The property features durable aluminum siding, two new hot water tanks, separate entrances and meters, and a functional layout ideal for renters. Conveniently located near public transit, shopping, and major highways, this property offers both affordability and long-term rental demand. A great turnkey addition to any portfolio—don’t miss your chance to secure this Cleveland duplex with immediate upside potential!

3046 E 130th Street, Cleveland

Listing Courtesy of: Christine Revay, chrissy@garucciogroup.com With Real of Ohio

Selling Office: Keller Williams Greater Metropolitan.

$85,000

3 Beds ⋅ 2 Baths ⋅ 5174302 MLS

Outstanding Investment Opportunity! This well-maintained bungalow is truly turnkey for investors seeking a reliable, low-hassle addition to their portfolio. With major mechanicals already updated and cosmetic improvements completed, this property is primed for fast tenant placement and immediate cash-flow potential. Exterior features include durable wood siding, a younger roof, and glass block basement windows, complemented by an updated electrical panel, a younger furnace, and a younger hot water heater—significantly reducing future maintenance expenses. Inside, the home shines with newer carpet throughout, brand-new entry doors, and an updated kitchen equipped with newer cabinets, laminate countertops, a gas stove, and modern lighting. The refreshed full bathroom features LVP flooring, and the additional half bathroom on the second floor adds valuable functionality for tenants. The overall condition, layout, and updates make this property exceptionally marketable and easy to lease. Located in a strong rental corridor on the east side, this area continues to see consistent demand thanks to its proximity to public transit, major highways, shopping, dining, and key employment centers. Investors appreciate this neighborhood for its stable rental history and long-term appreciation potential. Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors. Schedule your showing today—opportunities like this don’t last!

3018 E 128th Street, Cleveland

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

Selling Office: Coldwell Banker Schmidt Realty.

$160,000

6 Beds ⋅ 2 Baths ⋅ 5171727 MLS

Discover an exceptional, fully occupied investment opportunity at 12301 Forest Ave! This turn-key duplex delivers strong cash flow from day one, featuring two updated units and long-term tenants already in place. The upstairs unit offers 4 bedrooms and 1 bath, currently rented at $1,200/month with a lease through July 31, 2026. The downstairs unit is a 2 bedroom, 1 bath rented at $1,000/month with a lease through May 31, 2026. Extensively renovated from top to bottom, this property boasts a new roof (2024), new hot water tanks (2024), new furnaces (2024), all-new plumbing, brand-new LVP flooring throughout, fresh interior paint, and two fully remodeled bathrooms—ensuring low maintenance for years to come. Located in the desirable Buckeye Shaker neighborhood, you’re just steps from the Shaker Square Shopping Center, home to the Atlas Movie Theater, Dave’s Market, cafés, and other popular amenities. Commuting is a breeze with quick access to downtown and major transportation routes. With monthly rents that shatter the 1% rule and a cap rate of approximately 17.6%, this is a cash-flow machine you don’t want to miss. Contact your favorite Realtor today—this one won’t last long!

12301 Forest Avenue, Cleveland

Listing Courtesy of: Keyano Burgess, keyano.realtor@keysoldit.com With Lokal Real Estate, LLC.

Selling Office: Howard Hanna.

$79,000

4 Beds ⋅ 2 Baths ⋅ 5121502 MLS

Cleveland multifamily home with 2 units each 2 bedroom and 1 bath. Home has full basement with washer and dryer hook up. eat in kitchen living room and 2 bedroom and bath layout for each unit. Front porch on each unit. Off street parking and separate entrance for each unit. 3rd floor attic space for extra storage.

12905 Griffing Avenue, Cleveland

Listing Courtesy of: Christopher C Kaylor, chrisckaylor@gmail.com With Realty Trust Services, LLC

Selling Office: Non-Member.

$74,000

6 Beds ⋅ 2 Baths ⋅ 5104009 MLS

Welcome to the Woodland Hills neighborhood. Join the Revitalization occurring in the neighborhood. BECOME A REAL ESTATE INVESTOR OVERNIGHT a great House Hacking Opportunity! This spacious 13 room, 6 bedroom, 2 bathroom Duplex with over 1,600 sq/ft of living space is a an ideal investment. The first floor unit is over 750+ sq/ft with 2 bedrooms and 1 bath. This unit just needs to be finished after tenant moved out. The second floor unit boast over 900+ sq/ft with 3 bedrooms, 1 bath with formal living and dining rooms, updated bathroom & kitchen. This unit also has access to the finished attic with sitting area and bedroom with new carpet. The property has newer windows, the mechanicals have been updated, newer HWT, and functioning furnaces. This is home is a CASH COW!!! Tremendous upside with hardly any dirty work needed. Schedule a viewing today Great Investment Opportunity. Property being SOLD AS IS. A GREAT PORTFOLIO BUILDER! Seller will review all reasonable offers.

11802 Forest Avenue, Cleveland

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

Selling Office: Keller Williams Greater Metropolitan.

$140,000

5 Beds ⋅ 4 Baths ⋅ 5089598 MLS

Agent Owned. Check out this amazing building with massive upside potential! This property is currently generating $2300/monthly from the 3 apartments. You have three residential units and one commercial store front unit zoned as Commercial Office/ Retail space. There are two, two bedroom residential units, as well as a one bedroom residential unit. Commercial space was previously 2 storefronts that have been converted one space. Property is equipped with new electrical, 4 newer furnaces, as well as 4 newer hot water tanks, (2022) roof with warranty, paint/floors & includes a jaw dropping amount of attic space that could be a fourth residential unit. This beautiful part of Cleveland history is waiting for a new owner. This will be an As-Is sale.

12700 Buckeye Road, Cleveland

Listing Courtesy of: Brandon K. Davis, solonmaple@gmail.com With Fathom Realty

Selling Office: Berkshire Hathaway HomeServices Professional Realty.

$66,000

5 Beds ⋅ 2 Baths ⋅ 5085179 MLS

CALLING ALL INVESTORS!! Take a look at this spacious, two-family home. Property is in need of cosmetic rehabilitation. Call or text to schedule a showing!

12617 Griffing Avenue, Cleveland

Listing Courtesy of: Charisse L Green, greenhousexp@yahoo.com With Land & Shelter Realty

Selling Office: Land & Shelter Realty.

$117,000

3 Beds ⋅ 1 Baths ⋅ 5074183 MLS

You wont want to miss this one! This beautifully renovated 3 bedroom, 1 bathroom colonial nestled in a vibrant Cleveland neighborhood is perfect for both investors and owner-occupants alike. From the moment you step onto the inviting front porch, you’ll feel the warmth and charm this home has to offer. As you enter, you’ll be greeted by a bright and airy living space, featuring modern finishes and an open layout that seamlessly connects the living room to the dining area. The three spacious bedrooms provide plenty of room for family, guests, or a home office, while the updated bathroom showcases contemporary fixtures and a fresh design. Enjoy the convenience of a fully redone interior, including new flooring, fresh paint, updated electrical and plumbing systems, new windows AND roof, ensuring peace of mind for years to come. This home is not only a stunning space to live in, but it also represents a fantastic investment opportunity in a growing area. The generous backyard offers a private retreat for outdoor gatherings or gardening projects, and the front porch is ideal for relaxing with a book or sipping your morning coffee. Don’t miss out on this incredible opportunity to own a completely updated colonial in Cleveland! Schedule your showing today and make this charming house your new home sweet home.

2943 E 130th Street, Cleveland

Listing Courtesy of: Christine Revay, chrissy@garucciogroup.com With Real Brokerage Technologies, Inc.

Selling Office: Real Brokerage Technologies, Inc..

$95,000

4 Beds ⋅ 2 Baths ⋅ 5041751 MLS

Multi-family investment property. The property consists of 2 units, 1 UP and 1 DN. The DN unit is currently vacant, and the UP unit is occupied renting for $800 per month with a 12-month lease expiring 6/30/24. Each unit has 2 bedrooms and 1 full bathroom. Shared laundry in basement. Paved driveway for off-street parking. Great addition to any rental portfolio!

12610 Griffing Avenue, Cleveland

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

Selling Office: RE/MAX Haven Realty.

$102,000

5 Beds ⋅ 2 Baths ⋅ 5039588 MLS

Introducing an exceptional investment opportunity: duplex, featuring 5 bedrooms, 2 bathrooms, and a charming front porch, strategically positioned for maximum cash flow of approximately $2,000 per month potential. Each unit offers a layout with a living area, kitchen, and well-appointed bathroom, ensuring tenant satisfaction and retention. With separate entrances, this property promises hassle-free management and consistent rental income monthly. Situated in a prime location near amenities and transportation, this duplex presents an attractive proposition for investors seeking a lucrative addition to their portfolio. Don't miss out on the chance to capitalize on this income-generating gem – schedule a viewing today! **Tenant-occupied; showings only for vacant unit, do not disturb the tenant**

3066 E 130th Street, Cleveland

Listing Courtesy of: Wayne Brooks, waynebrooksrei@gmail.com With EXP Realty, LLC.

Selling Office: Keller Williams Greater Metropolitan.

$155,000

5 Beds ⋅ 3 Baths ⋅ 5021631 MLS

Welcome to this fantastic two-family home! With 5 bedrooms, and 3 bathrooms, it's ideal for families or investors seeking rental income. This property has been updated from top to bottom. Enjoy a newer roof and windows, vinyl siding, a two-car garage, and updated kitchens and bathrooms. Fresh paint and carpet throughout add to the charm. Don't miss out on this great opportunity.

3040 E 126th, Cleveland

Listing Courtesy of: Hanford L Dixon, hanfordd@aol.com With EXP Realty, LLC.

Selling Office: Century 21 Premiere Properties, Inc..

$71,000

4 Beds ⋅ 2 Baths ⋅ 5019961 MLS

This partially occupied duplex is a solid investment opportunity! The spacious 2-family has over 2,000 sqft of living space between 2 units, and each unit offers a living room, dining room, kitchen, 2 bedrooms and 1 full bath. The up unit rents for $625/month and the down unit is vacant. Property offers 2 hot water tanks that were replaced in the past year and a newer furnace in the shared basement, as well as a covered front porch for each unit and large backyard with driveway for off street parking. The property is located in a central Cleveland area, close to downtown, near main thoroughfares, public transit, shopping & more! Don't miss adding this great property to your rental portfolio - reach out to learn more today!

3046 E 130th Street, Cleveland

Listing Courtesy of: Clorice L Dlugos, cloricedlugos@gmail.com With McDowell Homes Real Estate Services

Selling Office: RE/MAX Above & Beyond.

$50,000

4 Beds ⋅ 1 Baths ⋅ 5025437 MLS

Look at this wonderful property! SPACIOUS 4 bedroom, one full bath Colonial! Great Investment Property to add to your portfolio or move in and make your own! The main level offers a nice sized kitchen area with newer tile and cabinets, a charming dining room with newer carpet, and a nice sized living room area with plenty of natural light! Lots of closet space! Second Level offers a full bathroom with newer tile flooring, a 3 nice sized bedrooms and closet space! Third level is a very large 15 x 15 finished 4th bedroom with newer carpet! The Full, unfinished basement has plenty of storage space or possible recreational space! Glassblock windows in basement. Cozy front porch! Selling AS IS. Nice sized, partially fenced in yard! Minutes from Shaker Square! Close to parks, restaurants, shopping, hospitals, freeway access and more!

2943 E 130th Street, Cleveland

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

Selling Office: Coldwell Banker Schmidt Realty.

$65,000

3 Beds ⋅ 1 Baths ⋅ 5019770 MLS

INVESTMENT OPPORTUNITY! BRAND NEW ROOF 2024. Currently vacant. Previously rented for through EDEN for $1,275/month. Fully renovated in 2018. New windows, furnace, hot water tank, oven, refrigerator and asphalt driveway in 2018. Around the corner from Shaker Square. A lot of development going on in the area.

2926 E 130th Street, Cleveland

Listing Courtesy of: Greg Cosgriff, gregcosgriffsold@gmail.com With HomeSmart Real Estate Momentum LLC

Selling Office: BHR & Associates.

Rice Heights Homes for Sale - Cleveland, Ohio

Rice Heights Homes for Sale - Cleveland, Ohio