Cleveland Heights area --- thoughts?

Cleveland Heights area --- thoughts?

Investor · Northwest, PA · Member since 2013 · 107 posts · 24 votes

Im looking at Cleveland Heights area for multifamily investing.  Looks like a good area. Close to a few colleges, medical facilities, etc. Thoughts on the area?

Most of the buildings are older, brick building but rents seem to be relatively high.

Thanks for any insight

Craig

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Huntsville, AL · Member since 2015 · 17 posts · 19 votes
11y

I am from Cleveland Heights and I live in University Heights. Location is Key! If you want I can tell you if the street is good or a dog. Houses and units will sit if you don't update the kitchen and or the bath. FYI the high costs and standards of the city have been in place since I was a kid. It is not a symptom of the city trying to gain control.  Shaker Hts, University Heights and Cleveland Heights were known for the beauty of the tree filled streets and stately homes. Cleveland Heights is THE rental city. If you get the right street you will do fine.  And make sure your leases follow the school year or your house will sit empty. Hope that helps.  Oh yeah and if you need information about demographics for subsections within the city, Just let me know. I can help.  Good Luck

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  • Member since 2018 · 42 posts · 5 votes
    7y

    Hi, I am purchasing or planning to purchase a duplex in Noble road. I see it is near east CLE. Should I be concerned about tenant quality and vacancy in this area? Number-wise, it appears a good deal. thanks for your thoughts.

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