Real Estate Investment Properties for Sale in Shaker Heights, OH

Looking for investment property in Shaker Heights, OH with high ROI ?

Explore a variety of short-term homes & houses in Shaker Heights, OH. Invest wisely with VRBO & Shaker Heights, OH Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Shaker Heights, OH

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
16205 Fernway Road Shaker Heights, OH Light-filled and full of heart, this home draws you in with a first floor that just feels ...	4 beds \| 3 baths \| 1,958 sq.ft.	$280,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 5.7% Airbnb Rental Income: $1534 Traditional Rental Income: $2591 Airbnb ROI: 0.01% Traditional ROI: 5.7%
3683 Stoer Road Shaker Heights, OH Just listed in Shaker Heights! This timeless Colonial blends curb appeal with light-filled...	3 beds \| 2 baths \| 2,000 sq.ft.	$225,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.27% Airbnb Rental Income: $1701 Traditional Rental Income: $2105 Airbnb ROI: 1.15% Traditional ROI: 5.27%
18520 Van Aken Boulevard Shaker Heights, OH Welcome to this distinguished Shaker Heights residence, where timeless elegance meets mode...	4 beds \| 4 baths \| 4,500 sq.ft.	$405,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 6.64% Airbnb Rental Income: $1987 Traditional Rental Income: $3869 Airbnb ROI: 0.31% Traditional ROI: 6.64%
3715 Daleford Road Shaker Heights, OH Located in a desirable neighborhood, this duplex is perfect for families or anyone looking...	6 beds \| 3 baths \| 3,414 sq.ft.	$209,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 9.84% Airbnb Rental Income: $1377 Traditional Rental Income: $2783 Airbnb ROI: 0.67% Traditional ROI: 9.84%
3340 Milverton Road Shaker Heights, OH Welcome to 3340 Milverton in Shaker Heights! This 3 bedroom 1 bathroom home is ready for i...	3 beds \| 1 baths \| 1,268 sq.ft.	$150,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 4.93% Airbnb Rental Income: $1136 Traditional Rental Income: $1453 Airbnb ROI: 0.09% Traditional ROI: 4.93%
3710 Strandhill Road Shaker Heights, OH Welcome home to 3710 Strandhill Road, Shaker Heights. A fabulous 4 bedroom, 3.5 baths, and...	4 beds \| 4 baths \| N/A	$390,000	Airbnb cash on cash: -1.93% Traditional cash on cash: 6.44% Airbnb Rental Income: $1025 Traditional Rental Income: $3728 Airbnb ROI: -1.93% Traditional ROI: 6.44%
3378 Clayton Boulevard Shaker Heights, OH Welcome to this beautifully maintained 4-bedroom, 2 full bath, 2 half bath home in the hea...	4 beds \| 4 baths \| 2,822 sq.ft.	$379,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 6.67% Airbnb Rental Income: $2313 Traditional Rental Income: $3609 Airbnb ROI: 1.42% Traditional ROI: 6.67%
16805 Scottsdale Boulevard Shaker Heights, OH A Must See! Come check out this beautiful colonial home featuring 4 nice size bedrooms, 2....	4 beds \| 3 baths \| 2,896 sq.ft.	$260,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 7.82% Airbnb Rental Income: $1025 Traditional Rental Income: $2985 Airbnb ROI: -1.63% Traditional ROI: 7.82%
3657 Ludgate Road Shaker Heights, OH Welcome to your next home in Shaker Heights in the Moreland Neighborhood near the Chagrin ...	3 beds \| 2 baths \| 1,512 sq.ft.	$169,900	Airbnb cash on cash: 3.25% Traditional cash on cash: 7.49% Airbnb Rental Income: $1459 Traditional Rental Income: $1714 Airbnb ROI: 3.25% Traditional ROI: 7.49%
3554 STOER RD Shaker Heights, OH Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 1.5 baths \| 1,458 sq.ft.	$255,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 2.82% Airbnb Rental Income: $1701 Traditional Rental Income: $1585 Airbnb ROI: 1.34% Traditional ROI: 2.82%
20950 Halworth Road Shaker Heights, OH Move-In Ready 4-Bedroom Renovation Near Van Aken District Welcome to 20950 Halworth Rd, a ...	4 beds \| 3 baths \| 2,908 sq.ft.	$424,900	Airbnb cash on cash: 3.62% Traditional cash on cash: 3.04% Airbnb Rental Income: $3569 Traditional Rental Income: $2554 Airbnb ROI: 3.62% Traditional ROI: 3.04%
14221 S Woodland Road Shaker Heights, OH STUNNING, BEAUTIFUL AND OPEN 4 BEDROOM, 2 FULL & 2 HALF BATH TRADITIONAL BRICK COLONIAL HO...	4 beds \| 4 baths \| 3,066 sq.ft.	$344,999	Airbnb cash on cash: 0.61% Traditional cash on cash: 7.42% Airbnb Rental Income: $1740 Traditional Rental Income: $3469 Airbnb ROI: 0.61% Traditional ROI: 7.42%
17419 Fernway Road Shaker Heights, OH This meticulously renovated Tudor home is located in the heart of the Fernway neighborhood...	4 beds \| 5 baths \| 2,783 sq.ft.	$405,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 8.75% Airbnb Rental Income: $1987 Traditional Rental Income: $4393 Airbnb ROI: 1.04% Traditional ROI: 8.75%
3641 Menlo Road Shaker Heights, OH NEW CONTRUCTION - COMLETION DATE END OF APRIL...Shaker Heights School District! Why rent w...	2 beds \| 2 baths \| 1,206 sq.ft.	$259,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 4.43% Airbnb Rental Income: $2151 Traditional Rental Income: $1797 Airbnb ROI: 3.64% Traditional ROI: 4.43%
3626 Menlo Road Shaker Heights, OH NEW CONTRUCTION - COMLETION DATE END OF APRIL..Shaker Heights School District! Why rent wh...	2 beds \| 2 baths \| 1,008 sq.ft.	$259,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 8.83% Airbnb Rental Income: $2151 Traditional Rental Income: $2873 Airbnb ROI: 3.64% Traditional ROI: 8.83%
3637 Menlo Road Shaker Heights, OH NEW CONTRUCTION - COMLETION DATE END OF APRIL..Shaker Heights School District! Why rent wh...	2 beds \| 2 baths \| 1,008 sq.ft.	$259,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 8.83% Airbnb Rental Income: $2151 Traditional Rental Income: $2873 Airbnb ROI: 3.64% Traditional ROI: 8.83%
3630 Menlo Road Shaker Heights, OH NEW CONTRUCTION - COMLETION DATE END OF APRIL..Shaker Heights School District! Why rent wh...	2 beds \| 2 baths \| 1,206 sq.ft.	$259,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 4.38% Airbnb Rental Income: $2151 Traditional Rental Income: $1785 Airbnb ROI: 3.64% Traditional ROI: 4.38%
13800 Fairhill Road unit: 418 #418 Shaker Heights, OH Welcome to this 3-bedroom, 2-bathroom condo in the heart of Shaker Heights. Ideally situat...	3 beds \| 2 baths \| 1,688 sq.ft.	$60,000	Airbnb cash on cash: -21.95% Traditional cash on cash: -6.97% Airbnb Rental Income: $1349 Traditional Rental Income: $1837 Airbnb ROI: -21.95% Traditional ROI: -6.97%
19951 Fairmount Boulevard Shaker Heights, OH Situated on beautiful Fairmount Blvd. this classic 4 bedroom, two and a half bath colonial...	4 beds \| 3 baths \| 2,440 sq.ft.	$289,900	Airbnb cash on cash: 2.78% Traditional cash on cash: 6.83% Airbnb Rental Income: $2370 Traditional Rental Income: $2891 Airbnb ROI: 2.78% Traditional ROI: 6.83%
22275 Rye Road Shaker Heights, OH This beautifully renovated home blends timeless charm with contemporary upgrades, offering...	4 beds \| 3 baths \| 3,134 sq.ft.	$540,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.05% Airbnb Rental Income: $1891 Traditional Rental Income: $2695 Airbnb ROI: -0.54% Traditional ROI: 2.05%
18112 Lomond Boulevard Shaker Heights, OH Welcome to 18112 Lomond Blvd - a charming, move-in-ready colonial just steps from Lomond E...	3 beds \| 3 baths \| 2,258 sq.ft.	$344,000	Airbnb cash on cash: -2.3% Traditional cash on cash: 3.59% Airbnb Rental Income: $779 Traditional Rental Income: $2365 Airbnb ROI: -2.3% Traditional ROI: 3.59%
3666 Ludgate Road Shaker Heights, OH Beautiful colonial home with private backyard and 2 car garage. Spacious living room with ...	3 beds \| 1 baths \| 1,948 sq.ft.	$139,900	Airbnb cash on cash: 3.22% Traditional cash on cash: 6.94% Airbnb Rental Income: $1459 Traditional Rental Income: $1526 Airbnb ROI: 3.22% Traditional ROI: 6.94%
17370 S Park Boulevard Shaker Heights, OH An Urban Masterpiece in Cleveland's Most Sought-After Neighborhood Experience Cleveland's ...	4 beds \| 3 baths \| 4,724 sq.ft.	$2,100,000	Airbnb cash on cash: -1.3% Traditional cash on cash: -0.8% Airbnb Rental Income: $2370 Traditional Rental Income: $2760 Airbnb ROI: -1.3% Traditional ROI: -0.8%
18975 Van Aken Boulevard unit: 403 #403 Shaker Heights, OH Must see exquisite 2-3 bedroom suite in the beautiful Diplomat on Van Aken Blvd., overlook...	2 beds \| 3 baths \| 1,860 sq.ft.	$225,000	Airbnb cash on cash: -5.91% Traditional cash on cash: 1.76% Airbnb Rental Income: $1716 Traditional Rental Income: $2875 Airbnb ROI: -5.91% Traditional ROI: 1.76%
3060 Keswick Road Shaker Heights, OH This updated 3-bedroom, 2-bath tri-level home is the perfect blend of style and innovation...	3 beds \| 2 baths \| 1,608 sq.ft.	$209,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 6.38% Airbnb Rental Income: $1445 Traditional Rental Income: $1968 Airbnb ROI: 1.57% Traditional ROI: 6.38%
19801 Van Aken Boulevard unit: 205C #205C Shaker Heights, OH Location, Comfort, and Charm - Don't Miss This Rare Shaker Villas Condo! Here's your chanc...	3 beds \| 2 baths \| 1,266 sq.ft.	$119,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 3.14% Airbnb Rental Income: $1701 Traditional Rental Income: $1623 Airbnb ROI: -0.27% Traditional ROI: 3.14%
3516 Hildana Road Shaker Heights, OH Low taxes in Shaker Heights! Enjoy brand-new construction in Shaker Heights, with a 10 yea...	3 beds \| 3 baths \| 1,762 sq.ft.	$429,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 3.94% Airbnb Rental Income: $1459 Traditional Rental Income: $2192 Airbnb ROI: 1.05% Traditional ROI: 3.94%
19901 Van Aken Boulevard unit: 7 #7 Shaker Heights, OH Shaker Villas II - Updated Price, Prime Location! Now available at a newly reduced price a...	2 beds \| 2 baths \| 1,092 sq.ft.	$79,500	Airbnb cash on cash: 3.66% Traditional cash on cash: 0.21% Airbnb Rental Income: $2103 Traditional Rental Income: $1294 Airbnb ROI: 3.66% Traditional ROI: 0.21%
2736 Green Road Shaker Heights, OH Exceptionally RARE FindBuilt in 1997 in Beautiful Shaker Hts.4 houses from RTA Train Sta...	4 beds \| 4 baths \| 4,262 sq.ft.	$450,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 4.61% Airbnb Rental Income: $1891 Traditional Rental Income: $3576 Airbnb ROI: -0.59% Traditional ROI: 4.61%
22875 Fairmount Boulevard Shaker Heights, OH Welcome to this stunning fully remodeled 4-bedroom 3.5-bathroom home located in a prime lo...	4 beds \| 4 baths \| 2,706 sq.ft.	$475,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.18% Airbnb Rental Income: $1891 Traditional Rental Income: $3367 Airbnb ROI: 0.73% Traditional ROI: 5.18%
3115 Essex Road Shaker Heights, OH	4 beds \| 2 baths \| 1,858 sq.ft.	$234,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.77% Airbnb Rental Income: $1454 Traditional Rental Income: $2140 Airbnb ROI: 0.74% Traditional ROI: 5.77%
21262 S Woodland Road Shaker Heights, OH Newly Renovated Colonial in Shaker Heights.Step into your dream home,meticulously renovate...	5 beds \| 5 baths \| 4,544 sq.ft.	$829,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 4.23% Airbnb Rental Income: $1553 Traditional Rental Income: $5125 Airbnb ROI: -0.97% Traditional ROI: 4.23%
3280 Glencairn Road Shaker Heights, OH This four bedroom Shaker Heights home is located in the highly desirable Fernway neighborh...	4 beds \| 2 baths \| 2,411 sq.ft.	$279,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.72% Airbnb Rental Income: $1987 Traditional Rental Income: $2269 Airbnb ROI: 0.67% Traditional ROI: 3.72%
18515 Lomond Boulevard Shaker Heights, OH Located in the picturesque Lomond District, this all-brick Colonial Revival is full of cha...	4 beds \| 4 baths \| 2,898 sq.ft.	$324,900	Airbnb cash on cash: -1.91% Traditional cash on cash: 7.41% Airbnb Rental Income: $1025 Traditional Rental Income: $3512 Airbnb ROI: -1.91% Traditional ROI: 7.41%
3659 Riedham Road Shaker Heights, OH Unlock the potential in this charming brick colonial located in the heart of Shaker Height...	4 beds \| 3 baths \| 2,210 sq.ft.	$180,500	Airbnb cash on cash: -2.24% Traditional cash on cash: 9.14% Airbnb Rental Income: $1025 Traditional Rental Income: $2620 Airbnb ROI: -2.24% Traditional ROI: 9.14%
18975 Van Aken Boulevard unit: 401 #401 Shaker Heights, OH So much charm, comfort and ease of living in this wonderful 4th floor end unit condominium...	2 beds \| 2 baths \| 1,365 sq.ft.	$175,000	Airbnb cash on cash: -4.24% Traditional cash on cash: -1.88% Airbnb Rental Income: $1716 Traditional Rental Income: $1634 Airbnb ROI: -4.24% Traditional ROI: -1.88%
14610 Onaway Road Shaker Heights, OH A Classic Shaker Colonial! Situated on a Beautiful Shaded street. Nearly 2000 square feet ...	4 beds \| 3 baths \| 1,982 sq.ft.	$399,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.64% Airbnb Rental Income: $1534 Traditional Rental Income: $2628 Airbnb ROI: -0.46% Traditional ROI: 3.64%
3289 Grenway Road Shaker Heights, OH Welcome to 3289 Grenway Rd, Shaker Heights! Step into timeless elegance with this beautifu...	4 beds \| 3 baths \| 1,868 sq.ft.	$389,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.59% Airbnb Rental Income: $1987 Traditional Rental Income: $2472 Airbnb ROI: -0.16% Traditional ROI: 2.59%
13805 Larchmere Boulevard Shaker Heights, OH A rare find in Shaker Heights! A true expression of mid-century design, this home features...	4 beds \| 2 baths \| 2,523 sq.ft.	$380,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 2.48% Airbnb Rental Income: $1454 Traditional Rental Income: $2355 Airbnb ROI: -1.26% Traditional ROI: 2.48%
3722 Avalon Road Shaker Heights, OH Beautifully updated 3-bedroom, 1.5-bath brick colonial that blends timeless character with...	3 beds \| 2 baths \| 1,936 sq.ft.	$249,999	Airbnb cash on cash: -1.78% Traditional cash on cash: 5% Airbnb Rental Income: $779 Traditional Rental Income: $2060 Airbnb ROI: -1.78% Traditional ROI: 5%

Real Estate investment in Shaker-heights, OH

There are 49 properties for sale in the city of Shaker Heights . The median list price in Shaker Heights is $259,000 and the average price per square foot is $114. In September 2025, the average monthly cash on cash return in Shaker Heights is 5.00%. The average monthly rental income in Shaker Heights is $2,260.

Shaker-heights, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 49 investment properties available for sale in Shaker-heights.

In 2025, the best neighborhood to buy investment property is Sussex.

The ROI for Long-Term is higher than the Short-Term in Shaker-heights with average rental income of $2,260.

Your search for investment property begins and ends here

Investment Property for Sale in Shaker Heights, OH

16205 Fernway Road

Shaker Heights, OH

4 beds | 3 baths | 1,958 sq.ft.

$280,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $1534

Traditional Rental Income: $2591

Airbnb ROI: 0.01%

Traditional ROI: 5.7%

3683 Stoer Road

Shaker Heights, OH

3 beds | 2 baths | 2,000 sq.ft.

$225,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $1701

Traditional Rental Income: $2105

Airbnb ROI: 1.15%

Traditional ROI: 5.27%

18520 Van Aken Boulevard

Shaker Heights, OH

4 beds | 4 baths | 4,500 sq.ft.

$405,000

Airbnb cash on cash: 0.31%

Traditional cash on cash: 6.64%

Airbnb Rental Income: $1987

Traditional Rental Income: $3869

Airbnb ROI: 0.31%

Traditional ROI: 6.64%

3715 Daleford Road

Shaker Heights, OH

6 beds | 3 baths | 3,414 sq.ft.

$209,900

Airbnb cash on cash: 0.67%

Traditional cash on cash: 9.84%

Airbnb Rental Income: $1377

Traditional Rental Income: $2783

Airbnb ROI: 0.67%

Traditional ROI: 9.84%

3340 Milverton Road

Shaker Heights, OH

3 beds | 1 baths | 1,268 sq.ft.

$150,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $1136

Traditional Rental Income: $1453

Airbnb ROI: 0.09%

Traditional ROI: 4.93%

3710 Strandhill Road

Shaker Heights, OH

4 beds | 4 baths | N/A

$390,000

Airbnb cash on cash: -1.93%

Traditional cash on cash: 6.44%

Airbnb Rental Income: $1025

Traditional Rental Income: $3728

Airbnb ROI: -1.93%

Traditional ROI: 6.44%

3378 Clayton Boulevard

Shaker Heights, OH

4 beds | 4 baths | 2,822 sq.ft.

$379,900

Airbnb cash on cash: 1.42%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $2313

Traditional Rental Income: $3609

Airbnb ROI: 1.42%

Traditional ROI: 6.67%

16805 Scottsdale Boulevard

Shaker Heights, OH

4 beds | 3 baths | 2,896 sq.ft.

$260,000

Airbnb cash on cash: -1.63%

Traditional cash on cash: 7.82%

Airbnb Rental Income: $1025

Traditional Rental Income: $2985

Airbnb ROI: -1.63%