FOMRE, LLC (Find Off Market Real Estate)
Off Market Investment Deals Available in Cleveland With High Equity…
… for serious investors and cash buyers only please.
See Our Off-Market Investment Property Inventory Available In Cleveland
Looking to Find Off Market Real Estate properties for your investment portfolio? Or, are you looking to sell an off-market property you have?
FOMRE is a new advertising company that was established to help Real Estate Investors “Find Off-Market Real Estate” investment opportunities. We specialize in connecting Accredited Investors, who are actively seeking to “purchase” Discounted Real Estate Investments, with other Investors, Homeowners, & Wholesalers, who are looking to “sell” their own off-market properties. Call us the “Classified Ads of Off Market Real Estate”, not posted on the MLS.
We DO NOT charge for this service. We ARE NOT Brokers or Agents.
We simply offer FREE advertising for Investors, Homeowners, & Wholesalers nationwide who are looking to sell their off-market properties themselves, without using an Agent, Broker, or the MLS.
→ Access our current list of off-market deals and foreclosure homes available nationwide.
Cleveland Investment Properties For Sale – Get On The VIP Buyers List. It’s FREE!
Once we receive advertising information on a new property, we immediately notify our VIP Buyers of the new deals in their area. Accredited Investors can be added to our VIP Buyers List FREE of charge. Whenever we receive new properties in your area, we first send them out to those of you on our VIP Buyers List, giving them exclusive access to the deals for the first 48 hours, before posting them to the general public.
So, if you are interested in getting on our VIP Buyers list to Find Off Market Real Estate (it’s free!) so you can be notified of each new discount home or investment property available in your area… Just click here to join our VIP Buyers list and tell us what you’re looking for →
Immediately after you sign up you’ll get full access to Find Off Market Real Estate by accessing our current properties for sale in Cleveland, and will start receiving first updates on future properties available.
Cleveland, Ohio: A City of Revival, Opportunity, and Real Estate Potential
Cleveland, Ohio, is a city on the rise, with a rich history, a thriving cultural scene, and an increasingly dynamic real estate market. Located on the shores of Lake Erie, Cleveland serves as the economic and cultural hub of the Cleveland-Elyria Metropolitan Area, with a population of about 380,000 people. Known for its diverse economy, sporting traditions, and revitalized downtown, Cleveland is emerging as a prime location for homebuyers, renters, and real estate investors looking for opportunities in the Midwest.
Housing Market & Real Estate Investment in Cleveland, OH
Cleveland’s real estate market offers significant potential for investors, with affordable property prices and growing demand for both homeownership and rental properties. The median home price in Cleveland is approximately $130,000, making it one of the more affordable large cities in the U.S. While prices have been rising in recent years, Cleveland still presents a relatively low-cost opportunity compared to many other major cities.
The rental market is also robust, with demand for apartments and single-family homes steadily increasing. The average rent for apartments in Cleveland typically ranges between $700 and $1,200 per month, depending on the neighborhood and property size. Single-family homes in desirable areas such as Cleveland Heights or Ohio City typically rent for $1,300 to $2,000 per month. These factors combine to create a strong rental yield for investors in both the long-term and short-term rental markets.
For those interested in flipping properties, Cleveland’s housing market offers a wealth of older homes and historic buildings that can be renovated and resold for profit. The city’s revitalization efforts, particularly in areas like Downtown Cleveland, Tremont, and Detroit Shoreway, are contributing to an increase in property values and development activity.
Why Invest in Cleveland, OH Real Estate?
• Affordability – With a median home price of just $80,000, Cleveland offers a highly affordable housing market compared to many other cities, creating opportunities for real estate investors to acquire properties at a fraction of the cost of similar markets.
• Growing Rental Demand – The demand for rental properties is increasing in Cleveland, especially in neighborhoods close to universities, hospitals, and business districts. This provides investors with the opportunity to capitalize on rising rental income.
• Redevelopment Projects – Cleveland has experienced significant redevelopment, particularly in areas like Downtown Cleveland, Tremont, Ohio City, and Glenville. These revitalized neighborhoods are seeing both new construction and renovations, leading to higher property values and demand for real estate.
• Proximity to Major Employers – Cleveland is home to major employers in the healthcare, education, and manufacturing sectors, including the Cleveland Clinic, Case Western Reserve University, and KeyCorp. The presence of these large employers ensures that the city will continue to attract a steady stream of residents.
Best Neighborhoods in Cleveland, OH for Living & Investing
• Downtown Cleveland – The heart of the city, Downtown Cleveland has undergone significant transformation in recent years. This urban area offers a mix of high-rise apartments, condos, and historic buildings, making it a prime spot for both residential and commercial real estate investment.
• Ohio City – Known for its vibrant culture, historic homes, and trendy dining scene, Ohio City is one of Cleveland’s most sought-after neighborhoods. With its proximity to downtown, the neighborhood offers excellent potential for property appreciation, especially as more people seek to live near the urban center.
• Tremont – A historic neighborhood that has experienced a revitalization, Tremont is known for its charming, renovated homes and artsy vibe. It’s a hub for local galleries, restaurants, and boutiques, making it an appealing destination for both young professionals and investors seeking rental properties.
• Cleveland Heights – This suburban neighborhood offers a mix of historic homes, tree-lined streets, and strong community amenities. Cleveland Heights is popular with families and professionals, making it a good location for both homebuyers and rental investors.
• Shaker Heights – Located to the east of Cleveland, Shaker Heights is a leafy, affluent community known for its beautiful homes, top-rated schools, and proximity to parks and cultural institutions. It’s an attractive option for families and higher-end investors.
• Glenville – Glenville, once an area of economic decline, is seeing a resurgence thanks to revitalization efforts. The neighborhood is becoming increasingly desirable due to its affordability and proximity to cultural landmarks and the Cleveland Clinic. Investors can find great opportunities here for both long-term investment and property appreciation.
Things to Do in Cleveland, OH
Cleveland is a city of cultural attractions, outdoor activities, and sports. Here are some top places and events to explore:
• Rock & Roll Hall of Fame – Cleveland is the birthplace of rock and roll, and the Rock & Roll Hall of Fame is a must-see for music enthusiasts. The museum honors the history of rock music with interactive exhibits and displays.
• Cleveland Museum of Art – One of the most prestigious art museums in the country, the Cleveland Museum of Art houses an impressive collection of European, American, and Asian art, including pieces by Van Gogh, Picasso, and Rembrandt.
• Cuyahoga Valley National Park – A short drive from downtown Cleveland, the Cuyahoga Valley National Park offers hiking, biking, and scenic views along the Cuyahoga River. It’s a perfect place to enjoy the outdoors and take in the natural beauty of Ohio.
• Progressive Field – Home to the Cleveland Indians (now known as the Cleveland Guardians), Progressive Field is one of Major League Baseball’s most beloved ballparks. It’s a great place to catch a game and enjoy Cleveland’s sports culture.
• West Side Market – The West Side Market is a Cleveland institution, offering fresh produce, meats, baked goods, and a variety of local goods. It’s a must-visit for food lovers and those wanting to experience the city’s culinary diversity.
Why Cleveland?
Cleveland’s real estate market offers a wealth of opportunity for both homebuyers and investors. With its affordable housing, growing job market, and expanding cultural scene, the city is attracting newcomers who are seeking an affordable, high-quality lifestyle. Cleveland’s historic neighborhoods are undergoing revitalization, and new investment opportunities continue to emerge. For real estate investors, Cleveland offers excellent potential for both rental income and property appreciation. Whether you’re looking to buy your first home, invest in rental properties, or explore the rich culture of a growing Midwestern city, Cleveland offers a unique and thriving environment.