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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
19850 Fairmount Boulevard Shaker Heights, OH Set along Fairmount Boulevard, this 4-bedroom, 2.5-bath colonial features over 2,600 squar...	4 beds \| 3 baths \| 2,614 sq.ft.	$250,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 2.38% Airbnb Rental Income: $1504 Traditional Rental Income: $1824 Airbnb ROI: -0.84% Traditional ROI: 2.38%
3305 Lee Rd Shaker Heights, OH To-Be-Built Home in Shaker Heights! Customize Your Dream Home. Do not miss this exceptiona...	3 beds \| 2 baths \| N/A	$594,999	Airbnb cash on cash: -1.77% Traditional cash on cash: 1.76% Airbnb Rental Income: $857 Traditional Rental Income: $2485 Airbnb ROI: -1.77% Traditional ROI: 1.76%
3212 Van Aken Blvd Shaker Heights, OH Welcome to Van Aken Mews, an exciting newer townhome community offering modern design, tho...	3 beds \| 2 baths \| 2,424 sq.ft.	$379,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 3.77% Airbnb Rental Income: $682 Traditional Rental Income: $2253 Airbnb ROI: -1.5% Traditional ROI: 3.77%
3216 Van Aken Blvd Shaker Heights, OH Welcome to Van Aken Mews, an exciting newer townhome community offering modern design, tho...	3 beds \| 2 baths \| 1,806 sq.ft.	$379,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 3.75% Airbnb Rental Income: $682 Traditional Rental Income: $2253 Airbnb ROI: -1.51% Traditional ROI: 3.75%
3630 Menlo Road Shaker Heights, OH ALL READY BUILT NEW CONSTRUCTION! Rare Opportunity in Shaker Heights with 10 year 100% TAX...	2 beds \| 2 baths \| 1,206 sq.ft.	$235,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 5.07% Airbnb Rental Income: $907 Traditional Rental Income: $1785 Airbnb ROI: -0.41% Traditional ROI: 5.07%
3693 Pennington Rd Shaker Heights, OH A New construction opportunity with the added benefit of a 10-year tax abatement! Set in a...	3 beds \| 2 baths \| 1,821 sq.ft.	$374,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 5.63% Airbnb Rental Income: $857 Traditional Rental Income: $2483 Airbnb ROI: 0.07% Traditional ROI: 5.63%
3594 Ludgate Road Shaker Heights, OH A truly impressive & unique and exceptional opportunity in the heart of Shaker Heights! Sp...	4 beds \| 2 baths \| 1,964 sq.ft.	$175,000	Airbnb cash on cash: -2.2% Traditional cash on cash: 8.46% Airbnb Rental Income: $677 Traditional Rental Income: $2153 Airbnb ROI: -2.2% Traditional ROI: 8.46%
3607 Pennington Rd Shaker Heights, OH NEW CONSTRUCTION with 10 yr tax abatement in the heart of Shaker Heights! This stunning 3-...	3 beds \| 2 baths \| N/A	$355,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 4.46% Airbnb Rental Income: $857 Traditional Rental Income: $2427 Airbnb ROI: -1.25% Traditional ROI: 4.46%
13800 Fairhill Road #203 Shaker Heights, OH Bright, updated and move-in ready, this second-floor condo offers comfortable one-level li...	2 beds \| 2 baths \| 1,296 sq.ft.	$60,000	Airbnb cash on cash: -21.45% Traditional cash on cash: -5.93% Airbnb Rental Income: $793 Traditional Rental Income: $1406 Airbnb ROI: -21.45% Traditional ROI: -5.93%
3695 Normandy Road Shaker Heights, OH Prepare to be charmed by this beautifully updated 3-bedroom, 1.5-bath Shaker Heights colon...	3 beds \| 2 baths \| 2,317 sq.ft.	$235,000	Airbnb cash on cash: -1.79% Traditional cash on cash: 1.85% Airbnb Rental Income: $828 Traditional Rental Income: $1309 Airbnb ROI: -1.79% Traditional ROI: 1.85%
17415 Winslow Road Shaker Heights, OH Welcome to this spacious multi-family home in the highly desirable city of Shaker Heights!...	7 beds \| 3 baths \| 2,536 sq.ft.	$289,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $2149 Airbnb ROI: N/A Traditional ROI: 3.72%
16804 Holbrook Road Shaker Heights, OH A true fixer on a tree-lined street in coveted Shaker Heights! Needs complete renovation b...	5 beds \| 4 baths \| 2,340 sq.ft.	$195,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 6.38% Airbnb Rental Income: $2314 Traditional Rental Income: $2457 Airbnb ROI: 2.53% Traditional ROI: 6.38%
16410 Fernway Road Shaker Heights, OH Tucked along one of Shaker's most beloved, tree-lined streets, 16410 Fernway is a rare off...	4 beds \| 3 baths \| 3,450 sq.ft.	$400,000	Airbnb cash on cash: -2.92% Traditional cash on cash: 1.45% Airbnb Rental Income: $677 Traditional Rental Income: $2017 Airbnb ROI: -2.92% Traditional ROI: 1.45%
3546 Menlo Road Shaker Heights, OH Welcome home to this beautifully renovated POS Compliant Shaker Heights gem! Fully updated...	4 beds \| 2 baths \| 1,500 sq.ft.	$205,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 7.69% Airbnb Rental Income: $677 Traditional Rental Income: $1981 Airbnb ROI: -0.57% Traditional ROI: 7.69%
3703 Riedham Road Shaker Heights, OH Welcome to this beautifully fully renovated home in the heart of Shaker Heights! Offering ...	4 beds \| 3 baths \| 2,450 sq.ft.	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $2744 Airbnb ROI: N/A Traditional ROI: 5.29%
3574 Daleford Road Shaker Heights, OH Investment opportunity! Leave as is, or flip! These two units welcome many possibilities. ...	4 beds \| 3 baths \| 2,268 sq.ft.	$198,800	Airbnb cash on cash: N/A Traditional cash on cash: 7.88% Airbnb Rental Income: $null Traditional Rental Income: $2557 Airbnb ROI: N/A Traditional ROI: 7.88%
16830 Holbrook Road Shaker Heights, OH If the kitchen is the heart of your home, prepare to fall in love at first sight! Featurin...	4 beds \| 3 baths \| 2,124 sq.ft.	$405,000	Airbnb cash on cash: -3.35% Traditional cash on cash: 2.49% Airbnb Rental Income: $677 Traditional Rental Income: $2590 Airbnb ROI: -3.35% Traditional ROI: 2.49%
3550 Townley Rd Shaker Heights, OH Who says you can't have it all? Welcome to 3550 Townley Rd - a beautifully maintained 1925...	4 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $2584 Airbnb ROI: N/A Traditional ROI: 4.35%
20601 Shelburne Rd Shaker Heights, OH Spacious multi level home with 4 bedrooms, 2 full and 2 half bathrooms, partially finished...	6 beds \| 4 baths \| 4,450 sq.ft.	$754,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 1.45% Airbnb Rental Income: $1349 Traditional Rental Income: $2904 Airbnb ROI: -1.35% Traditional ROI: 1.45%
18112 Chagrin Blvd Shaker Heights, OH SF is approximate - Tax records only notes the 1st fl as 1162sf and 2nd fl 910 sf - does n...	4 beds \| 2 baths \| 2,980 sq.ft.	$239,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 5% Airbnb Rental Income: $1948 Traditional Rental Income: $2413 Airbnb ROI: 0.69% Traditional ROI: 5%
19015 Van Aken Blvd #406 Shaker Heights, OH Upon entering this 3 bedroom, 2.5 bath condo, you will agree there is so much potential! L...	3 beds \| 2 baths \| 1,602 sq.ft.	$119,900	Airbnb cash on cash: -10.04% Traditional cash on cash: -0.49% Airbnb Rental Income: $828 Traditional Rental Income: $1606 Airbnb ROI: -10.04% Traditional ROI: -0.49%
3710 Strandhill Rd Shaker Heights, OH Amazing VIOLATION FREE Shaker Heights Home! Welcome home to 3710 Strandhill Road, Shaker H...	4 beds \| 3 baths \| 1,940 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $3728 Airbnb ROI: N/A Traditional ROI: 6.66%
3557 Glencairn Rd Shaker Heights, OH Location,Location,Location they say and this is a fabulous one! This 4 bedroom one and a ...	3 beds \| 1 baths \| 1,484 sq.ft.	$219,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.79% Airbnb Rental Income: $828 Traditional Rental Income: $1202 Airbnb ROI: -0.58% Traditional ROI: 2.79%
2900 Warrensville Center Rd Shaker Heights, OH TO BE BUILT, your custom dream home in Shaker Heights! Built by Cleveland's well known bui...	4 beds \| 2 baths \| 1,700 sq.ft.	$629,999	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.93% Airbnb Rental Income: $1504 Traditional Rental Income: $2141 Airbnb ROI: -0.9% Traditional ROI: 0.93%
3613 Lynnfield Rd Shaker Heights, OH Great Shaker Hts Duplex with 3 finished Floors and 3 Car Garage. Upper Unit get to have th...	6 beds \| 3 baths \| 3,030 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $2727 Airbnb ROI: N/A Traditional ROI: 5.43%
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: -1.26% Traditional cash on cash: 2.82% Airbnb Rental Income: $950 Traditional Rental Income: $1585 Airbnb ROI: -1.26% Traditional ROI: 2.82%
17707 Lomond Blvd Shaker Heights, OH WELCOME to Shaker Heights. This beautifully renovated Colonial nestled in the heart of Sha...	3 beds \| 1 baths \| 1,538 sq.ft.	$329,900	Airbnb cash on cash: -1.88% Traditional cash on cash: 1.8% Airbnb Rental Income: $828 Traditional Rental Income: $1641 Airbnb ROI: -1.88% Traditional ROI: 1.8%
3678 Lynnfield Rd Shaker Heights, OH A beautifully maintained 3-bedroom, 1.5-bath home in Shaker Heights. The home is move-in r...	3 beds \| 1 baths \| 1,650 sq.ft.	$315,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 3.62% Airbnb Rental Income: $950 Traditional Rental Income: $2152 Airbnb ROI: -1.6% Traditional ROI: 3.62%
18506 Scottsdale Blvd Shaker Heights, OH 18506 Scottsdale Blvd, Shaker Heights, OH 44122 \| Single Family Residential	4 beds \| 2 baths \| 2,100 sq.ft.	$299,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.38% Airbnb Rental Income: $null Traditional Rental Income: $1766 Airbnb ROI: N/A Traditional ROI: 3.38%
3271 Warrensville Center Rd #8B Shaker Heights, OH Welcome to 3271 Warrensville Center, Unit 8B! This charming and spacious second-floor unit...	2 beds \| 1 baths \| 984 sq.ft.	$77,000	Airbnb cash on cash: -5.28% Traditional cash on cash: -5.49% Airbnb Rental Income: $1044 Traditional Rental Income: $665 Airbnb ROI: -5.28% Traditional ROI: -5.49%
19901 Van Aken Blvd #205 Shaker Heights, OH 19901 Van Aken Blvd #205, Shaker Heights, OH 44122 \| Condo/Coop	2 beds \| 2 baths \| 1,131 sq.ft.	$79,900	Airbnb cash on cash: -10.24% Traditional cash on cash: -7.3% Airbnb Rental Income: $1044 Traditional Rental Income: $912 Airbnb ROI: -10.24% Traditional ROI: -7.3%
2710 Chesterton Rd Shaker Heights, OH 2710 Chesterton Rd, Shaker Heights, OH 44122 \| Single Family Residential	5 beds \| 6 baths \| N/A	$1,475,000	Airbnb cash on cash: -1.94% Traditional cash on cash: 1.7% Airbnb Rental Income: $1349 Traditional Rental Income: $5920 Airbnb ROI: -1.94% Traditional ROI: 1.7%
19901 Van Aken Blvd W #7 Shaker Heights, OH 19901 Van Aken Blvd W #7, Shaker Heights, OH 44122 \| Condo/Coop	2 beds \| 2 baths \| 1,092 sq.ft.	$79,900	Airbnb cash on cash: -7.75% Traditional cash on cash: -5.05% Airbnb Rental Income: $1044 Traditional Rental Income: $893 Airbnb ROI: -7.75% Traditional ROI: -5.05%
23425 Bryden Rd Shaker Heights, OH Don't miss this new construction ranch featuring modern design, quality craftsmanship, and...	4 beds \| 3 baths \| 2,448 sq.ft.	$1,199,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 1.35% Airbnb Rental Income: $1948 Traditional Rental Income: $3564 Airbnb ROI: -0.56% Traditional ROI: 1.35%
18934 Chagrin Blvd Shaker Heights, OH Property is available for online auction only. See Realty Bid for property, auction, & bid...	3 beds \| 2 baths \| N/A	$214,500	Airbnb cash on cash: -1.61% Traditional cash on cash: 3.92% Airbnb Rental Income: $950 Traditional Rental Income: $1728 Airbnb ROI: -1.61% Traditional ROI: 3.92%
18975 Van Aken Blvd #411 Shaker Heights, OH Beautifully Updated 4th-floor, 2-bed, 2 full bath Condominium in the highly regarded Diplo...	2 beds \| 2 baths \| 1,169 sq.ft.	$120,000	Airbnb cash on cash: -8.95% Traditional cash on cash: -2.64% Airbnb Rental Income: $1005 Traditional Rental Income: $1380 Airbnb ROI: -8.95% Traditional ROI: -2.64%
3448 Lynnfield Rd Shaker Heights, OH Great opportunity to add to your portfolio with this tenant-occupied property. Offering a ...	6 beds \| 3 baths \| N/A	$449,000	Airbnb cash on cash: -1.98% Traditional cash on cash: 7.97% Airbnb Rental Income: $1005 Traditional Rental Income: $4831 Airbnb ROI: -1.98% Traditional ROI: 7.97%
3452 Lynnfield Rd Shaker Heights, OH Tenant-occupied property offering a great opportunity for investors or buyers seeking a ho...	5 beds \| 3 baths \| 2,930 sq.ft.	$479,000	Airbnb cash on cash: -1.66% Traditional cash on cash: 3.37% Airbnb Rental Income: $1005 Traditional Rental Income: $2905 Airbnb ROI: -1.66% Traditional ROI: 3.37%

Real Estate investment in Shaker-heights, OH

There are 68 properties for sale in the city of Shaker Heights . The median list price in Shaker Heights is $328,830 and the average price per square foot is $147. In June 2026, the average monthly cash on cash return in Shaker Heights is 3.00%. The average monthly rental income in Shaker Heights is $2,413.

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

There are 68 investment properties available for sale in Shaker-heights.

In 2026, the best neighborhood to buy investment property is Lomond.

The ROI for Long-Term is higher than the Short-Term in Shaker-heights with average rental income of $2,413.

Your search for investment property begins and ends here

Investment Property for Sale in Shaker Heights, OH

19850 Fairmount Boulevard

Shaker Heights, OH

4 beds | 3 baths | 2,614 sq.ft.

$250,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: 2.38%

Airbnb Rental Income: $1504

Traditional Rental Income: $1824

Airbnb ROI: -0.84%

Traditional ROI: 2.38%

3305 Lee Rd

Shaker Heights, OH

3 beds | 2 baths | N/A

$594,999

Airbnb cash on cash: -1.77%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $857

Traditional Rental Income: $2485

Airbnb ROI: -1.77%

Traditional ROI: 1.76%

3212 Van Aken Blvd

Shaker Heights, OH

3 beds | 2 baths | 2,424 sq.ft.

$379,000

Airbnb cash on cash: -1.5%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $682

Traditional Rental Income: $2253

Airbnb ROI: -1.5%

Traditional ROI: 3.77%

3216 Van Aken Blvd

Shaker Heights, OH

3 beds | 2 baths | 1,806 sq.ft.

$379,000

Airbnb cash on cash: -1.51%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $682

Traditional Rental Income: $2253

Airbnb ROI: -1.51%

Traditional ROI: 3.75%

3630 Menlo Road

Shaker Heights, OH

2 beds | 2 baths | 1,206 sq.ft.

$235,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $907

Traditional Rental Income: $1785

Airbnb ROI: -0.41%

Traditional ROI: 5.07%

3693 Pennington Rd

Shaker Heights, OH

3 beds | 2 baths | 1,821 sq.ft.

$374,900

Airbnb cash on cash: 0.07%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $857

Traditional Rental Income: $2483

Airbnb ROI: 0.07%

Traditional ROI: 5.63%

3594 Ludgate Road

Shaker Heights, OH

4 beds | 2 baths | 1,964 sq.ft.

$175,000

Airbnb cash on cash: -2.2%

Traditional cash on cash: 8.46%

Airbnb Rental Income: $677

Traditional Rental Income: $2153

Airbnb ROI: -2.2%

Traditional ROI: 8.46%

3607 Pennington Rd

Shaker Heights, OH

3 beds | 2 baths | N/A

$355,000

Airbnb cash on cash: -1.25%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $857

Traditional Rental Income: $2427

Airbnb ROI: -1.25%