Professional grm calculator optimized for multifamily properties in Cleveland. Local market data shows 8.2% average cap rates and $195,000 median property values.
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The Cleveland, OH multifamily real estate market offers unique investment opportunities. With a median home price of $195,000 and average cap rates of 8.2%,multifamily properties in this market present a strong yield profile.
Current market conditions show properties averaging 44 days on market, with year-over-year appreciation of 3.5%. Average cash-on-cash returns for multifamily investments in Cleveland are approximately 13.5%.