6415 Gertrude Avenue, Cleveland, OH 44105
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: joel rodriguez velez
Office: keller williams citywide
MLS#:5174051
Source:OH_NORMLS
Price summary
- Price:$349,900
- Price per sq. ft.:$92.76
About this home
Welcome to 6415 Gertrude Ave, a fully renovated triplex offering a powerful combination of cash flow, modern updates, and long term stability. With two updated units in the main building and a separate single family home in the rear, this setup gives buyers versatility and strong rental appeal. The entire property has been updated from top to bottom with a brand new roof, new vinyl windows, updated electrical and plumbing systems, new furnaces, and new water tanks. Each unit has been refreshed with clean finishes and its own dedicated laundry area, making it both appealing to tenants and easier to manage. Projected rents total $4,494 per month, generating an estimated annual NOI of about $35,000 and placing this property at an approximate 10% cap rate, a rare return for something this updated and move in ready. Whether you're expanding a portfolio or looking for a property where you can live in one unit and let the other two cover the mortgage while still producing income, this triplex delivers flexibility and strong financial upside. Located near major roads, transit, and neighborhood amenities, this property offers a clean, turn key opportunity for both new and experienced investors. Schedule your private showing today.
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Home facts
- Year built:1910
- Listing ID #:5174051
- Added:16 day(s) ago
- Updated:December 19, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,772 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1910
- Building area:3,772 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$349,900
- Price per sq. ft.:$92.76
- Tax amount:$1,717 (2024)
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