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    Novelty, OH
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Renovated Triplex with Elevator
    Renovated Triplex with Elevator

    58 W Orange Street, Chagrin Falls, OH 44022

    $1,695,000
    3,785 sqft

    Renovated multi-level property with outdoor areas, substantial parking, and convenient access to downtown amenities.

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    Side-by-Side Duplex
    Side-by-Side Duplex

    1187 Bonnie Lane, Mayfield Heights, OH 44124

    $399,900
    3,876 sqft 0.20 AC lot

    Two private residences offer separate living areas, unfinished basements, and flexible occupancy for an owner or tenant.

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    Side-by-Side Duplex with Garages
    Side-by-Side Duplex with Garages

    1187 Bonnie Ln, Mayfield Heights, OH 44124

    $399,900
    3,876 sqft

    Two private units offer flexible occupancy, basement storage, separate driveways, and a detached garage.

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    Renovated Triplex with Elevator
    Renovated Triplex with Elevator

    58 W Orange Street, Chagrin Falls, OH 44022

    $1,695,000

    Flexible short-term rental configuration with multiple living areas, outdoor spaces, and substantial parking near downtown 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.

    Chagrin Falls Wooded Land
    Chagrin Falls Wooded Land

    Haskins Road lot: 2, Chagrin Falls, OH 44023

    $425,000
    16.00 AC lot

    16 acre wooded lot in Chagrin Falls, Ohio.

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

    V/L Bainbridge Road, Solon, OH 44139

    $100,000
    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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    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 income 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 pricing trends across core commercial property types in Cuyahoga County

    Residential Income

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