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    • $173,500

    1427 E 51st St, Cleveland, OH 44103

    6beds
    2,460sqft
    Triplex, Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $71/sqft
    $1,504 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,504/mo

    Zestimate® history
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    What's special

    Investment Opportunity: Fully occupied 3-unit home generating $3,156 a month. Just about a 19.7% cap rate before expenses. Perfect for investors! This property offers three separate units, each providing comfortable living spaces. With a 100% occupancy rate, you'll step into an established income stream. Enjoy the stable monthly revenue and excellent cash flow potential. Located in a sought-after neighborhood with amenities nearby, this property guarantees high tenant demand. Don't miss out on this chance to secure your financial future – act now! Verify financial figures before investing. The rear down unit is currently rented at $770 not $848 but will be increased to $848 starting December first.

    Zillow last checked:

    Listing updated:

    Listed by:

    Katie McNeill katie@thekatiemcneillteam.com(440)796-5506,

    Platinum Real Estate,

    David Sladewski 440-669-8056,

    Platinum Real Estate

    Bought with:

    Jeff D Ferrell, 2016001626

    RE/MAX Infinity

    Source: MLS Now,MLS#: 4494349MLS LogoOriginating MLS: Lake Geauga Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Gas, Hot Water, Steam
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 2,460
    • Total interior livable area: 2,460 sqft
    • Finished area above ground: 2,460

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,000 Square Feet
    Details
    • Parcel number: 10410039

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Remey & Herricks
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $71/sqft
    • Tax assessed value: $47,500
    • Annual tax amount: $702
    • Date on market: 12/6/2023
    • Cumulative days on market: 2 days
    • Listing terms: Assumable,Cash,Conventional,FHA,USDA Loan,VA Loan
    • Tenant pays: Electricity, Gas, Heat

    Price history

    DateEventPrice
    7/10/2026Listing removed$205,000$83/sqft
    Source: MLS Now #5195175 Report a problem
    5/16/2026Price change$205,000-16.3%$83/sqft
    Source: MLS Now #5195175 Report a problem
    4/3/2026Price change$245,000-3.9%$100/sqft
    Source: MLS Now #5195175 Report a problem
    3/23/2026Listed for sale$255,000-3.8%$104/sqft
    Source: MLS Now #5195175 Report a problem
    2/11/2026Listing removed$265,000$108/sqft
    Source: MLS Now #5166550 Report a problem
    10/22/2025Listed for sale$265,000+52.7%$108/sqft
    Source: MLS Now #5166550 Report a problem
    10/21/2024Listing removed$870
    Source: Zillow Rentals Report a problem
    10/7/2024Listed for rent$870-3.3%
    Source: Zillow Rentals Report a problem
    9/11/2024Listing removed$900
    Source: Zillow Rentals Report a problem
    9/7/2024Listed for rent$900
    Source: Zillow Rentals Report a problem
    8/27/2024Listing removed--
    Source: Zillow Rentals Report a problem
    8/5/2024Listed for rent$900+5.9%
    Source: Zillow Rentals Report a problem
    7/18/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/9/2024Listed for rent$850
    Source: Zillow Rentals Report a problem
    3/14/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/24/2024Listed for rent$850+6.3%
    Source: Zillow Rentals Report a problem
    2/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/3/2024Price change$800-5.9%
    Source: Zillow Rentals Report a problem
    2/1/2024Listed for rent$850-13.6%
    Source: Zillow Rentals Report a problem
    11/19/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/15/2023Sold$173,500-3.5%$71/sqft
    Source: MLS Now #4494349 Report a problem
    10/18/2023Listed for rent$984
    Source: Zillow Rentals Report a problem
    10/4/2023Pending sale$179,700$73/sqft
    Source: MLS Now #4494349 Report a problem
    10/2/2023Listed for sale$179,700+234.6%$73/sqft
    Source: MLS Now #4494349 Report a problem
    8/5/2023Listing removed--
    Source: MLS Now #4469624 Report a problem
    7/31/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/15/2022Sold$53,700+7.4%$22/sqft
    Source: Public Record Report a problem
    1/22/1999Sold$50,000+117.4%$20/sqft
    Source: Public Record Report a problem
    9/7/1995Sold$23,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,112 +0%$16,630
    2024$1,112 +57.5%$16,630 +82.7%
    2023$706 +0.6%$9,100
    2022$702 +0.9%$9,100
    2021$696 +0.3%$9,100 +16.1%
    2020$693 +8%$7,840
    2019$642 +0.3%$7,840
    2018$640 -12.1%$7,840 -8.9%
    2017$728 +0.8%$8,610
    2016$722 $8,610
    2015$722 +2.4%$8,610 +2.9%
    2014$705 +1.7%$8,370
    2013$693 +2.9%$8,370
    2012$674 -9.8%$8,370 -30.7%
    2011$747 +0.2%$12,080
    2010$746 +0.8%$12,080
    2009$740 -7.5%$12,080 -12%
    2008$800 +3.3%$13,730
    2007$775 +0.1%$13,730
    2006$774 +19.9%$13,730 +26.1%
    2005$646 +1.2%$10,890
    2004$638 +1.1%$10,890
    2003$631 +9%$10,890 +8%
    2002$579 -41.2%$10,080
    2001$985 +4.5%$10,080
    2000$942 $10,080
    Find assessor info on the county website

    Neighborhood: Goodrich-Kirkland Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: East Cleveland CSD - 1812

    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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    An equal housing lender. NMLS #10287.

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