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Pending
  • $60,000

    1261 E 113th St, Cleveland, OH 44108

    6beds
    2,700sqft
    : 
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    Triplex, Multi Family
    Built in 1911
    -- sqft lot
    $-- Zestimate®
    $22/sqft
    $-- HOA

    What's special

    Baseboard heatingKitchen space layoutsOwn electric water heater
    No wholesalers. No Seller financing. No low ball offers. This triplex presents an outstanding value-add opportunity for investors seeking their next BRRRR, renovation, or long-term cash-flow project. This spacious triplex offers 3 large units, each with 2 bedrooms and 1 bath units, each unit on its own floor. Each unit features spacious living areas and kitchen space layouts, providing a strong foundation for improvements and future rental income. The property also includes a basement, offering additional storage space and potential value-add opportunities. The third-floor unit benefits from separate electric service, baseboard heating, and its own electric water heater, providing added utility separation and management flexibility. With renovations and updates, investors have the opportunity to maximize rental performance and increase overall property value. Market rents are estimated at approximately $900 per month per unit, creating attractive income potential once stabilized. Conveniently located in Cleveland, the property offers easy access to Interstate 90, downtown Cleveland, University Circle, Cleveland Clinic, University Hospitals, shopping centers, restaurants, public transportation, schools, parks, and everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to execute a BRRRR strategy, expand your rental portfolio, or reposition a multifamily asset for stronger returns, this triplex presents a compelling opportunity with significant upside potential!
    45 days
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    68
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Azzam 216-446-7606 mike@theazzamgroup.com,

    RE/MAX Haven Realty

    Source: MLS Now,MLS#: 5215582MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Full
      Interior area
      • Total structure area: 2,700
      • Total interior livable area: 2,700 sqft
      • Finished area above ground: 2,700
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway
      Features
      • Levels: Three Or More
      Lot
      • Size: 3,850 Square Feet
      Details
      • Parcel number: 10924117

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Shingle Siding
      • Roof: Asphalt,Fiberglass
      Condition
      • Year built: 1911

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: A J Marshs Sub
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $22/sqft
      • Tax assessed value: $49,200
      • Annual tax amount: $1,140
      • Date on market: 6/3/2026
      • Cumulative days on market: 42 days
      • Listing terms: Cash,Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/15/2026Pending sale$60,000$22/sqft
        Source: MLS Now #5215582 Report a problem
        6/3/2026Listed for sale$60,000+300%$22/sqft
        Source: MLS Now #5215582 Report a problem
        11/29/2016Listing removed$15,000$6/sqft
        Source: Puppy Realty #3812853 Report a problem
        5/30/2016Listed for sale$15,000-40%$6/sqft
        Source: Puppy Realty #3812853 Report a problem
        10/1/2013Listing removed$25,000$9/sqft
        Source: Howard Hanna - Cleveland Heights #3352118 Report a problem
        4/18/2013Price change$25,000-16.7%$9/sqft
        Source: Howard Hanna - Cleveland Heights #3352118 Report a problem
        9/20/2012Listed for sale$30,000$11/sqft
        Source: Howard Hanna - Cleveland Heights #3352118 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,140 +0%$17,220
        2024$1,139 +93.3%$17,220 +123.6%
        2023$589 +0.6%$7,700
        2022$586 +1%$7,700
        2021$580 +5.7%$7,700 +22.2%
        2020$549 -50.8%$6,300
        2019$1,117 +120.5%$6,300
        2018$506 -74.1%$6,300 -11.4%
        2017$1,956 +39.6%$7,110
        2016$1,401 +4.4%$7,110
        2015$1,342 +104.3%$7,110 -10.1%
        2014$657 +1.8%$7,910
        2013$646 +3%$7,910
        2012$627 -39.9%$7,910 -53.9%
        2011$1,043 +0.2%$17,160
        2010$1,041 +907.9%$17,160
        2009$103 -91.2%$17,160 -12%
        2008$1,172 +8.5%$19,500
        2007$1,081 +0.1%$19,500
        2006$1,079 +82%$19,500 +90.8%
        2005$593 +1.2%$10,220
        2004$587 +1.1%$10,220
        2003$580 +9.2%$10,220 +8.1%
        2002$532 -42.4%$9,450
        2001$923 +4.5%$9,450
        2000$884 $9,450
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Glenville

        Getting around

        73 / 100
        Very Walkable
        50 / 100
        Good Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cleveland Municipal - 1809

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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