Closed

$137,500

13605 Gainsboro Ave, East Cleveland, OH 44112

6beds

--sqft

Triplex, Multi Family

Built in 1924

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,038 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,038/mo

Zestimate^® history

Owner options

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$1,038/mo

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$1,038/mo

Rent Zestimate^®

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$1,001/mo

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$1,001/mo

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What's special

Side yard

This is a phenomenal investor opportunity to purchase this fully occupied income generating triplex. The property generates $31,440 of revenue annually and it is CMHA approved which makes the property extremely easy to rent whenever there is a vacancy. The property has been well maintained and the roof and most of the windows were recently replaced. The property will transfer with the vacant land next door at 13601 Gainsboro that is currently used as a side yard. Out of respect to the tenants, the property will only be shown after there is an accepted offer. Take advantage of this opportunity to build or start your investment portfolio.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Gas

Cooling

None

Features

Basement: Full,Unfinished

Property

Parking

Parking features: No Garage, Paved

Accessibility

Accessibility features: None

Features

Levels: Three Or More
Stories: 3

Lot

Size: 8,363 Square Feet

Details

Additional parcels included: 67102105
Parcel number: 67102104
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Vinyl Siding
Roof: Asphalt

Condition

Year built: 1924

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Grobe

Location

Region: East Cleveland

Financial & listing details

Tax assessed value: $53,800
Annual tax amount: $823
Date on market: 12/20/2024
Cumulative days on market: 12 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA
Tenant pays: Cable TV, Electricity, Gas, Heat, Other

Price history

Date	Event	Price
4/10/2025	Sold	$137,500-1.8%
Source: Public Record Report a problem
12/30/2024	Pending sale	$140,000
Source: MLS Now #5091104 Report a problem
12/20/2024	Listed for sale	$140,000+460%
Source: MLS Now #5091104 Report a problem
10/31/2018	Sold	$25,000-27.5%
Source: Public Record Report a problem
4/22/2016	Sold	$34,500-6.8%
Source: MLS Now #3727558 Report a problem
2/22/2016	Pending sale	$37,000
Source: RE/MAX Haven Realty #3727558 Report a problem
11/2/2015	Price change	$37,000-1.3%
Source: RE/MAX HAVEN REALTY #3727558 Report a problem
10/22/2015	Price change	$37,500-5.1%
Source: RE/MAX HAVEN REALTY #3727558 Report a problem
9/1/2015	Listed for sale	$39,500
Source: RE/MAX Haven Realty #3727558 Report a problem
8/20/2015	Pending sale	$39,500
Source: RE/MAX Haven Realty #3727558 Report a problem
7/8/2015	Listed for sale	$39,500+36.2%
Source: RE/MAX Haven Realty #3727558 Report a problem
3/10/2012	Listing removed	$250
Source: RE/MAX Haven Realty #3260680 Report a problem
9/10/2011	Listed for rent	$250
Source: RE/MAX HAVEN REALTY #3260680 Report a problem
7/28/2011	Sold	$29,000-3%
Source: Public Record Report a problem
1/2/2011	Listing removed	$29,900
Source: RE/MAX Haven Realty #3151886 Report a problem
11/6/2010	Pending sale	$29,900
Source: RE/MAX Haven Realty #3151886 Report a problem
7/14/2010	Listed for sale	$29,900+37.2%
Source: RE/MAX Haven Realty #3151886 Report a problem
10/17/2008	Sold	$21,786+444.7%
Source: Public Record Report a problem
11/14/2007	Sold	$4,000-90%
Source: Public Record Report a problem
1/25/2007	Sold	$40,000-38.5%
Source: Public Record Report a problem
3/1/2002	Sold	$65,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,152	$18,830
2024	$1,152 +55.4%	$18,830 +115.2%
2023	$742 +0.3%	$8,750
2022	$739 +0.9%	$8,750
2021	$733 -20%	$8,750 -13.2%
2020	$916 -4.9%	$10,080
2019	$962 -10.7%	$10,080
2018	$1,077 -41.8%	$10,080 -16.6%
2017	$1,851 -14.3%	$12,080 -9%
2016	$2,158 +3.1%	$13,270
2015	$2,093 +48.3%	$13,270 -15%
2014	$1,411 +1.5%	$15,610
2013	$1,391 +2.6%	$15,610
2012	$1,356 -77.2%	$15,610 +53.6%
2011	$5,958 +26.4%	$10,160
2010	$4,713 +10.6%	$10,160 -50.4%
2009	$4,263 +20.6%	$20,480 -12%
2008	$3,536 +27%	$23,280 -7.8%
2007	$2,785 +80.8%	$25,240
2006	$1,541 +11.9%	$25,240 +19.7%
2005	$1,377	$21,080
2004	--	$21,080
2003	$1,383 +8.8%	$21,080 +7.6%
2002	$1,271 -48.2%	$19,600
2001	$2,456	$19,600
2000	$2,456	$19,600