Fairport Harbor, OH Multifamily properties for sale

Updated: Jun 5

Duplex with Enclosed Porch

403 New Street, Fairport Harbor, OH 44077

$209,900

1,512 sqft 0.20 AC lot

Duplex built in 1915 with aluminum siding and asphalt/fiberglass roof
Unit #1 (lower level): 1 bedroom, 1 full bath, family room, and enclosed porch; updates in 2023 include new shower/tub and updated plumbing
Unit #2 (upper level): 2 bedrooms, 1 full bath, family room; recently painted throughout
Utilities: public water and public sewer; natural gas forced‑air heating
Window A/C units; includes appliances—microwave, range, refrigerator, washer, and dryer

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This listing looks promising.

Here's a quick look at some key insights for

403 New Street, Fairport Harbor, OH 44077

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$16K
Annual
Price @ 7% Cap

$234K
Above asking
Property Type

Single Family Residence
Built 1915

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Updated: Apr 24

Triplex with Detached Three-Car Garage

423 7th Street, Fairport Harbor, OH 44077

$199,000

1,908 sqft 0.12 AC lot

Income‑producing triplex in Fairport Harbor with projected gross rental income of approx. $2,700/month
Detached three‑car garage with a dedicated garage space for each unit
Shared basement includes separate washer and dryer hookups for each unit
Tenants pay all utilities except water; public water and public sewer
Two lower units cosmetically updated in 2023 with new cabinets, flooring, countertops, paint, and appliances

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Fairport Harbor, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Apartment Investment

2824 Haines Road, Madison, OH 44057

$599,900

7,297 sqft 1.80 AC lot

Two-building property with six fully rented units, in-suite laundry options, and utilities included in rent.

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Four-Unit Residential Income Property

52 Eagle Street, Madison, OH 44057

$275,000

3,285 sqft 0.44 AC lot

Four-family investment with recent unit updates and off-street parking for each unit.

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Side-by-Side Duplex for Sale

7224 Burridge Avenue, Mentor, OH 44060

$389,999

0.44 AC lot

A well-maintained side-by-side duplex with renovated interiors, two laundry areas, and two upstairs bedrooms suites per unit.

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Spacious Condo in Deepwood Estates

8300 Deepwood Boulevard, Mentor, OH 44060

$177,000

0.32 AC lot

Move-in ready, three-bedroom condo with updated features and amenities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000

5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

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Residential Lot in Vernon Township

10312 PERRY Highway, Meadville, PA 16335

$34,900

0.63 AC lot

0.63 acre residential lot with utilities in Vernon Township, PA.

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Cleared Land with Development Potential

Fredonia, NY 14063

$125,900

22.00 AC lot

22-acre cleared land near Lake Erie with utilities.

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Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land available in Mount Gilead with lake amenities.

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Fairport Harbor, OH Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Fairport Harbor, OH on our real estate platform. These investment opportunities span a total of 3,420 square feet of properties for sale, with an estimated market value of $408,900.

Sale prices for multifamily properties in Fairport Harbor, OH start at $199,000, averaging $204,450, and reaching up to $209,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Painesville - 44077	$204.5K

Neighborhood

Average Price

Painesville - 44077

$204.5K

Fairport Harbor, OH Multifamily Properties for Sale

403 New Street, Fairport Harbor, OH 44077

423 7th Street, Fairport Harbor, OH 44077