3289 W 61st Street, Cleveland, OH 44102
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: jeffrey schultheis
Office: i heart real estate, llc.
MLS#:5198660
Source:OH_NORMLS
Price summary
- Price:$85,000
About this home
ttention savvy investors and portfolio builders! This vacant 3-unit multi-family property is the perfect "buy-and-hold" addition to your Cleveland portfolio. Located in an area with steady rental demand, this tri-plex offers a blank canvas to renovate and achieve top-of-market rents.
With Cleveland’s average 2-bedroom rents currently climbing toward $1,750+, the income potential here is substantial. The property is being sold AS-IS, allowing you to choose your finishes and build equity from day one.
Configuration: 3 Units (Ready for a full refresh)
Status: 100% Vacant – No tenant headaches, start work tomorrow!
Potential: Pro-forma Cap Rate of 10%+ once stabilized.
Location: Minutes from Detroit Shoreway and Clark-Fulton Areas, and easy highway access.
Bring your flashlight and your contractor.
Contact an agent
Home facts
- Year built:1905
- Listing ID #:5198660
- Added:3 day(s) ago
- Updated:April 07, 2026 at 11:44 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Basement:Yes
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1905
- Lot area:0.11 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$85,000
- Tax amount:$1,000 (2025)
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