Updated 7 days ago on . Most recent reply

Looking for Investor-Friendly Agent in Cleveland for Triplex/Fourplex
Hi everyone,
I’m looking to buy a small multifamily property in Cleveland and the surrounding areas (ideally a triplex or fourplex) that has solid cash-flow potential and room to add value through rehab or improvements.
I’d like to connect with a local real estate agent who understands investment properties and who has experience with small multifamily deals.
If you’ve worked with a great agent in this space (or if you are one), I’d really appreciate your recommendations. Off-market opportunities or value-add specialists would be a huge plus.
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- Rental Property Investor
- Phoenix, AZ
- 935
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Hi there! If your main goal is strong cash flow and value-add potential, you might want to expand your search a bit beyond Cleveland proper. The Akron and Canton, Ohio markets are really attractive right now for single-family rentals. Here’s why:
Stronger cash flow: SFRs in Akron and Canton often outperform small multifamily in Cleveland because purchase prices are lower, but rents remain solid.
Easier property management: Managing a few single-family homes is typically simpler than managing a triplex or fourplex, especially if you’re starting out.
Value-add opportunities: Rehab costs are more predictable in these markets, and there’s often room to increase rent after cosmetic improvements.
Turnkey potential: There’s good inventory of turnkey homes or lightly rehabbed properties, so you can start generating cash flow quickly without taking on major rehab risk.
Happy to share more about what's worked for other investors.
Best of luck!
- Melissa Justice
- [email protected]
- 313-221-8718
