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  • $245,000

    3214 W 61st St, Cleveland, OH 44102

    4beds
    1,963sqft
    : 
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    Triplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $-- HOA

    What's special

    Remodeled kitchens and bathsFresh paintAppliances includedUpdated flooringExtensive interior renovations throughoutUpdated mechanicalsNewer vinyl siding
    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.
    53 days
    |
    257
    |
    15
    |

    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#: 5211842MLS LogoOriginating MLS: Lorain County Association Of REALTORS

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      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: $125/sqft
      • Tax assessed value: $63,200
      • Annual tax amount: $1,480
      • Date on market: 5/23/2026
      • Cumulative days on market: 54 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/23/2026Listed for sale$245,000+69%$125/sqft
        Source: MLS Now #5211842 Report a problem
        4/30/2026Listing removed$1,095$1/sqft
        Source: Zillow Rentals Report a problem
        1/21/2026Listed for rent$1,095$1/sqft
        Source: Zillow Rentals Report a problem
        9/18/2024Sold$145,000+7.5%$74/sqft
        Source: MLS Now #5065230 Report a problem
        9/1/2024Pending sale$134,900$69/sqft
        Source: MLS Now #5065230 Report a problem
        8/27/2024Listed for sale$134,900$69/sqft
        Source: MLS Now #5065230 Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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: Stockyards

        Getting around

        54 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        50 / 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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