Attention investors looking for true turnkey cash-flow opportunity! Fully occupied 3-family investment package consisting of a duplex plus a separate single-family home generating over $3,100 per month rental income w/secure Section 8 tenants already in place. Property is Lead Certified as of April 2026 meeting the City of Cleveland requirements, making this an excellent low-maintenance investment opportunity. Completely remodeled w/no expense spared, property is successfully self-managed from the West Coast & is ideal as your first investment property or strong addition to an existing portfolio. Two homes are situated on one lot featuring a front duplex plus separate stand-alone home in the rear. Duplex includes a spacious 2-bedroom unit on the first floor & 1-bedroom unit upstairs, while the rear home offers a private 1-bedroom layout. Both homes feature updated mechanicals, newer vinyl siding, updated vinyl windows, extensive interior renovations throughout. Interiors fresh paint, updated flooring, remodeled kitchens & baths plus appliances included for added convenience. Attractive & well-maintained condition supports long-term tenant retention & stable rental income. Located in a desirable appreciating zip code w/strong rental demand, investment-friendly property offers excellent long-term upside potential w/reliable income already in place. Rare opportunity to purchase a fully occupied, lead-certified, professionally updated multifamily package.
Active
Price cut: $7.5K (8/24)
$237,500
3214 W 61st St, Cleveland, OH 44102
4beds
1,963sqft
Triplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$121/sqft
$-- HOA
What's special
Remodeled kitchens and bathsFresh paintAppliances includedUpdated flooringExtensive interior renovations throughoutUpdated mechanicalsNewer vinyl siding
- 101 days
- 584
- 34
Zillow last checked:
Listing updated:
Listed by:
Christopher A Frederick 216-210-7653 thefrederickteam@gmail.com,
Coldwell Banker Schmidt Realty,
Adrian Frederick 216-469-4854,
Coldwell Banker Schmidt Realty
Source: MLS Now,MLS#: 5211842
Originating MLS: Lorain County Association Of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: In Unit
Features
- Basement: Unfinished
Interior area
- Total structure area: 1,963
- Total interior livable area: 1,963 sqft
- Finished area above ground: 1,531
- Finished area below ground: 432
Property
Parking
- Parking features: Shared Driveway
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1 Acres
Details
- Parcel number: 01607023
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sargent
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $121/sqft
- Tax assessed value: $63,200
- Annual tax amount: $1,480
- Date on market: 5/23/2026
- Cumulative days on market: 101 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $237,500-3.1%$121/sqft |
Source: | ||
| 8/18/2026 | Listed for rent | $1,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/23/2026 | Listed for sale | $245,000+69%$125/sqft |
Source: | ||
| 4/30/2026 | Listing removed | $1,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/21/2026 | Listed for rent | $1,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/18/2024 | Sold | $145,000+7.5%$74/sqft |
Source: | ||
| 9/1/2024 | Pending sale | $134,900$69/sqft |
Source: | ||
| 8/27/2024 | Listed for sale | $134,900$69/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,480 +0% | $22,120 |
| 2024 | $1,479 -13.8% | $22,120 |
| 2023 | $1,716 +0.6% | $22,120 |
| 2022 | $1,706 +0.9% | $22,120 |
| 2021 | $1,690 +12.4% | $22,120 +30% |
| 2020 | $1,503 -49.1% | $17,010 |
| 2019 | $2,952 +115.6% | $17,010 |
| 2018 | $1,369 -85.4% | $17,010 +23.4% |
| 2017 | $9,397 +107.9% | $13,790 |
| 2016 | $4,519 +4.1% | $13,790 |
| 2015 | $4,343 +56.6% | $13,790 -10.1% |
| 2014 | $2,773 +121.9% | $15,340 |
| 2013 | $1,250 +3% | $15,340 |
| 2012 | $1,213 -42.3% | $15,340 -22.4% |
| 2011 | $2,102 -21.3% | $19,780 |
| 2010 | $2,671 -18.1% | $19,780 |
| 2009 | $3,261 +14.5% | $19,780 -11% |
| 2008 | $2,848 +127.1% | $22,230 |
| 2007 | $1,254 +0.1% | $22,230 |
| 2006 | $1,253 +29.6% | $22,230 +36.3% |
| 2005 | $967 -3.7% | $16,310 |
| 2004 | $1,004 -24.5% | $16,310 +14.8% |
| 2000 | $1,329 | $14,210 |
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.Climate risks
Neighborhood: Stockyards
Nearby schools
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.





