3214 W 61st Street, Cleveland, OH 44102
Local realty services provided by:Better Homes and Gardens Real Estate Central
3214 W 61st Street,Cleveland, OH 44102
$237,500
- 4 Beds
- 3 Baths
- 1,963 sq. ft.
- Multi-family
- Pending
Listed by: christopher a frederick, adrian frederick
Office: coldwell banker schmidt realty
MLS#:5211842
Source:OH_NORMLS
Price summary
- Price:$237,500
- Price per sq. ft.:$120.99
About this home
ATTENTION INVESTORS! TRUE TURNKEY CASH-FLOW OPPORTUNITY! Fully occupied 3-family investment package consisting of a duplex plus a separate single-family home. Current and offered rents provide strong income potential, with the downstairs duplex unit increasing from $1,078 to a new 12-month lease offer of $1,250/month, the upstairs unit at $1,011/month with renewal currently in process, and the rear home increasing from $1,030 to a new 12-month lease offer of $1,100/month. At these rental rates, the property offers potential gross annual rental income of approximately $40,332. Property is Lead Certified as of April 2026, meeting City of Cleveland requirements. Completely remodeled with no expense spared and successfully self-managed from the West Coast, this property is ideal for a first-time investor or a strong addition to an existing portfolio. Two homes are situated on one lot, featuring a front duplex plus a separate stand-alone home in the rear. The duplex includes a spacious 2-bedroom first-floor unit and a 1-bedroom upstairs unit, while the rear home offers a private 1-bedroom layout. Both homes feature updated mechanicals, newer vinyl siding, updated vinyl windows, and extensive interior renovations. Interiors offer fresh paint, updated flooring, remodeled kitchens and baths, and included appliances. Well-maintained condition and established tenancy provide an attractive opportunity for investors seeking stable rental income with additional upside through the current lease renewals and rent increases. Located in a desirable Cleveland ZIP code with strong rental demand, this rare, fully occupied and Lead-Certified multifamily package offers convenience, income potential, and long-term investment opportunity....
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Home facts
- Year built:1900
- Subdivision & Development:Sargent
- Listing ID #:5211842
- Added:128 day(s) ago
- Updated:September 29, 2026 at 09:39 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:11
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,963 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Building area:1,963 sq. ft.
- Lot area:1 Acres
- Construction Materials:Aluminium Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$237,500
- Price per sq. ft.:$120.99
- Tax amount:$1,480 (2025)
Features and amenities
- Appliances:Dishwasher, Microwave, Range, Refrigerator
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