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  • Price cut: $10.1K (7/7)
    $99,900

    14227 Rainbow Ave, Cleveland, OH 44111

    2beds
    1,311sqft
    : 
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    Single Family Residence
    Built in 1945
    3,449 Square Feet Lot
    $-- Zestimate®
    $76/sqft
    $-- HOA

    What's special

    Functional layout
    Opportunity knocks at 14227 Rainbow Avenue in Cleveland. This 2 bedroom, 1 bath home is a fantastic opportunity for a new or seasoned investor looking to add to their portfolio. Tenant currently in place with CMHA paying $965 per month, providing steady income and immediate cash flow for the next owner. With a functional layout and strong investment potential, this property is ideal as a long term rental or portfolio addition. Conveniently located near shopping, dining, parks, and major highways, offering easy access to everything Cleveland has to offer. Whether you are looking to grow your rental portfolio or jump into real estate investing, this property is worth a look!
    54 days
    |
    531
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael A Roberts 330-607-8592 mike@ontheblockgroup.com,

    Keller Williams Living

    Source: MLS Now,MLS#: 5211433MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,311
      • Total interior livable area: 1,311 sqft
      • Finished area above ground: 874
      • Finished area below ground: 437
      Video & virtual tour

      Property

      Parking
      • Parking features: Detached Carport
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 3,449 Square Feet
      Details
      • Parcel number: 02435092
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1945

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Triskett Park Homes Inc
      HOA
      • Has HOA: No
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $76/sqft
      • Tax assessed value: $41,300
      • Annual tax amount: $967
      • Date on market: 5/20/2026
      • Cumulative days on market: 54 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Price change$99,900-9.2%$76/sqft
        Source: MLS Now #5211433 Report a problem
        5/20/2026Listed for sale$110,000$84/sqft
        Source: MLS Now #5211433 Report a problem
        2/27/2020Listing removed$825$1/sqft
        Source: Zillow Rental Manager Report a problem
        2/24/2020Listed for rent$825+3.1%$1/sqft
        Source: Zillow Rental Manager Report a problem
        10/22/2018Listing removed$800$1/sqft
        Source: DJD Investment Company Report a problem
        10/10/2018Listed for rent$800$1/sqft
        Source: DJD Investment Company Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$967 +0%$14,460
        2024$967 +31.4%$14,460 +52.4%
        2023$736 +0.6%$9,490
        2022$732 +0.9%$9,490
        2021$725 +11.6%$9,490 +29.1%
        2020$649 +8%$7,350
        2019$601 +0.3%$7,350
        2018$599 -23.8%$7,350 -21.1%
        2017$787 +0.8%$9,310
        2016$781 $9,310
        2015$781 -37.6%$9,310 -5%
        2014$1,251 +54.2%$9,800
        2013$812 -26.2%$9,800
        2012$1,099 +0.5%$9,800 -44.6%
        2011$1,093 +901.7%$17,680
        2010$109 -89.9%$17,680
        2009$1,083 -6.4%$17,680 -10.9%
        2008$1,157 +3.3%$19,850
        2007$1,120 +0.1%$19,850
        2006$1,119 +9.8%$19,850 +12.3%
        2005$1,019 +1.2%$17,680
        2004$1,007 +1.1%$17,680
        2003$997 +11.8%$17,680 +10.8%
        2002$891 -42.8%$15,960
        2001$1,559 +4.5%$15,960
        2000$1,492 $15,960
        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: Kamm's Corner

        Getting around

        51 / 100
        Somewhat Walkable
        52 / 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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