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(304) 444-5147
(304) 444-5147 Email (304) 444-5147
Holly Hall
REALTOR®

6601 Ridgeview Road
Mayfield Heights, OH 44124

$3,200,000

16 Total Photos [Click to View All]

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Listing Details

  • $3,200,000
  • MLS# 5222686
  • Type Commercial - Business
  • Status Active
  • 0.160 acres
    Lot Size
  • 1950
    Year Built
  • Mayfield City
    Local Schools

Home Value Estimate

Description

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...read more

Features

  • Forced Air
  • 1.0 Story
  • $60,098 / year Taxes
  • Public
  • Built in 1950

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Preferred Communication Method
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Listed By

Agency Name: Russell Real Estate Services
Agency Contact: jessek.cst@gmail.com, 440-212-5656

Shown By

Agent Name: Holly Hall
Agent Phone: (304) 444-5147
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact

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Holly Hall
Holly Hall Office: (304) 344-2581 Cell: (304) 444-5147 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/29/2026. The listing information on this page last changed on 06/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/29/2026 12:30:41 PM EST) or CBRMLS (last updated Mon 06/29/2026 12:24:59 PM EST) or Beckley MLS (last updated Mon 06/29/2026 12:20:47 PM EST) or Kanawha Valley MLS (last updated Mon 06/29/2026 12:27:32 PM EST) or HTGN MLS (last updated Mon 06/29/2026 12:24:51 PM EST) or Wheeling MLS (last updated Mon 06/29/2026 11:53:03 AM EST) or West Penn MLS (last updated Mon 06/29/2026 12:23:52 PM EST) or NCWV MLS (last updated Mon 06/29/2026 12:17:04 PM EST) or Mercer/Tazewell MLS (last updated Mon 06/29/2026 11:15:05 AM EST) or MLS NOW (last updated Mon 06/29/2026 12:28:11 PM EST) or Greenbrier Valley Board of Realtors (last updated Mon 06/29/2026 11:02:16 AM EST) or Ashland KY MLS (last updated Mon 06/29/2026 12:21:15 PM EST). Real estate listings held by brokerage firms other than Old Colony, REALTORS® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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