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    Novelty, OH Residential Income Properties for Sale

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    Chagrin Falls, OH Newbury, OH Moreland Hills, OH
    Geauga County Multi-Parcel Estate
    $3,792,740
    197.80 Acres
    Geauga County Multi-Parcel Estate

    10120 Music Street, Novelty, OH 44072

    175+ acres featuring vacant land and income-producing homes.
    • 175+ acre estate comprised of 12 parcels in Geauga County.
    • Six income‑producing homes provide immediate rental income potential.
    • Mixed‑use zoning on some parcels allows for development opportunities.
    • Converted barn offers 3,600+ sq ft of updated living space with panoramic views.
    • Victorian home (circa 1831) blends historic charm with modern updates.
    Updated: Jul 29, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Novelty, 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.

    Mantua Ranch Duplex Investment Opportunity
    $364,900
    2,512 SF
    Mantua Ranch Duplex Investment Opportunity

    Immaculately maintained side-by-side ranch duplex in Mantua, Ohio.

    11318-11320 Mantua Center Road, Mantua, OH 44255

    View details
    Side-by-Side Ranch Duplex Investment
    $364,900
    2,512 SF
    Side-by-Side Ranch Duplex Investment

    Turn-key side-by-side duplex with two bedrooms, in-suite laundry, and oversized one-car garages per unit.

    11318-11320 Mantua Center Road, Mantua, OH 44255

    View details
    Two-Unit Duplex Portfolio
    $239,900
    3,476 SF
    Two-Unit Duplex Portfolio

    Turnkey package of two fully rented, recently remodeled duplexes with updated mechanicals and defined unit mix.

    244 CTR RD, Bedford, OH 44146

    View details
    Turnkey Duplex Package Investment
    $399,900
    Turnkey Duplex Package Investment

    Two fully rented, recently remodeled duplexes with strong cap rates.

    244 Center Rd, Bedford, OH 44146

    View details

    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.

    16 Acre Wooded Homesite Opportunity
    $550,000
    16.00 Acres
    16 Acre Wooded Homesite Opportunity

    Private 16-acre wooded lot near Chagrin Falls.

    Haskins Road lot: 1, Chagrin Falls, OH 44023

    View details
    Chagrin Falls Wooded Land
    $500,000
    16.00 Acres
    Chagrin Falls Wooded Land

    16 acre wooded lot in Chagrin Falls, Ohio.

    Haskins Road lot: 2, Chagrin Falls, OH 44023

    View details
    Residential Lot in Solon, Ohio
    $110,000
    4.60 Acres
    Residential Lot in Solon, Ohio

    4.6-acre residential lot in Solon, OH, build your dream home.

    V/L Bainbridge Road, Solon, OH 44139

    View details
    Residential Lot in Bedford Heights
    $50,000
    1.15 Acres
    Residential Lot in Bedford Heights

    Large residential lot with utilities in place, ready for development.

    26440 Cannon Road, Bedford Heights, OH 44146

    View details

    Novelty, OH Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Novelty, OH on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,792,740.

    Sale prices for residential income properties in Novelty, OH start at $3,792,740, averaging $3,792,740, and reaching up to $3,792,740 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,028
    Population Growth (5Y) +13.8%
    Median Household Income $99,671
    College Educated 30.1%

    High-Yield Neighborhoods for Investment

    Identify Novelty submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44072 $3.8M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cuyahoga County

    New Delisted

    Total CRE Inventory on Market (SF)

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