Residential Income

Novelty, OH Residential Income Properties for Sale

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Chagrin Falls, OH Newbury, OH Moreland Hills, OH Chesterland, OH Gates Mills, OH Pepper Pike, OH Chardon, OH Solon, OH
Multi-Parcel Vacant Land Estate
Updated: Jul 29, 2025
Multi-Parcel Vacant Land Estate

10120 Music Street, Novelty, OH 44072

$3,792,740
197.80 AC lot
12‑parcel estate package with 175+ acres of vacant land plus six income‑producing homes
Converted barn offers 3,600+ SF of updated living space with a working barn area; 3 bedrooms
Victorian‑style home built in 1831 with 5 bedrooms and 2.5 baths
Multiple access points from Music Street and Sperry Road
Some parcels are zoned for mixed‑use; individual parcels will not be sold
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

Updated Duplex on Wooded Acreage
Updated Duplex on Wooded Acreage

10770 Infirmary Road, Mantua, OH 44255

$315,000
1,943 sqft 2.89 AC lot

Two residential units with separate entrances, an attached garage, and a wooded setting overlooking a stream.

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Quadplex with Individual Garages
Quadplex with Individual Garages

10004 Darrow Road, Twinsburg, OH 44087

$589,000
3,864 sqft 0.48 AC lot

Four occupied apartments have leases extending into 2027, with tenants paying their own gas and electric.

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Brick Quadplex with Garages
Brick Quadplex with Garages

10004 Darrow Road, Twinsburg, OH 44087

$589,000
3,864 sqft

Four occupied apartments have individual gas and electric meters, with utility costs assigned between residents and ownership.

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Acreage Land Parcel Near Amenities
Acreage Land Parcel Near Amenities

4957 State Route 82, Mantua, OH 44255

$199,000
5.00 AC lot

Approximately 5-acre rural property in Portage County, offered for sale with a historic farmhouse setting.

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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.

Residential Lot in Solon, Ohio
Residential Lot in Solon, Ohio

V/L Bainbridge Road, Solon, OH 44139

$95,000
4.60 AC lot

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

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Buildable Residential Lot on Cul-de-Sac
Buildable Residential Lot on Cul-de-Sac

1906 Woodbrook Lane, Lyndhurst, OH 44122

$200,000
0.39 AC lot

Buildable homesite on a private cul-de-sac with walk-out potential and HOA-provided street lights and common-area services.

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Residential Land in Garrettsville, OH
Residential Land in Garrettsville, OH

10971 Fox Hollow Drive, Garrettsville, OH 44231

$75,500
0.56 AC lot

Residential land for sale in a welcoming Garrettsville community.

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Residential Lot in Montville, Ohio
Residential Lot in Montville, Ohio

10268 Madison Road, Montville, OH 44064

$88,700
5.23 AC lot

5+-acre residential lot perfect for a custom home or retreat.

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Novelty, OH Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Novelty, OH on our real estate platform.

Sale prices for residential investment properties in Novelty, OH average $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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Single family properties 1

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)

Average Property Price per SF

For-sale Residential Income pricing trends in Cuyahoga County

Residential Income

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