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Pending
    • Price cut: $20K (4/22)
    $65,000

    3289 W 61st St, Cleveland, OH 44102

    3beds
    --sqft
    : 
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    Triplex, Multi Family
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    ttention savvy investors and portfolio builders! This vacant 3-unit multi-family property is the perfect "buy-and-hold" addition to your Cleveland portfolio. Located in an area with steady rental demand, this tri-plex offers a blank canvas to renovate and achieve top-of-market rents. With Cleveland’s average 2-bedroom rents currently climbing toward $1,750+, the income potential here is substantial. The property is being sold AS-IS, allowing you to choose your finishes and build equity from day one. Configuration: 3 Units (Ready for a full refresh) Status: 100% Vacant – No tenant headaches, start work tomorrow! Potential: Pro-forma Cap Rate of 10%+ once stabilized. Location: Minutes from Detroit Shoreway and Clark-Fulton Areas, and easy highway access. Bring your flashlight and your contractor.
    106 days
    |
    541
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Schultheis 800-259-7670 cstevens@iheartreal.estate,

    I Heart Real Estate, LLC.

    Source: MLS Now,MLS#: 5198660MLS LogoOriginating MLS: Guernsey-Muskingum Valley Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Features
      • Has basement: Yes
      Video & virtual tour

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,000 Square Feet
      Details
      • Parcel number: 01606074

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Block
      • Roof: Asphalt,Fiberglass
      Condition
      • Fixer
      • Year built: 1905

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Otis
      Location
      • Region: Cleveland

      Financial & listing details

      • Tax assessed value: $43,300
      • Annual tax amount: $1,000
      • Date on market: 4/3/2026
      • Cumulative days on market: 30 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/18/2026Pending sale$65,000
        Source: MLS Now #5198660 Report a problem
        7/6/2026Listed for sale$65,000
        Source: MLS Now #5198660 Report a problem
        5/2/2026Pending sale$65,000
        Source: MLS Now #5198660 Report a problem
        4/22/2026Price change$65,000-23.5%
        Source: MLS Now #5198660 Report a problem
        4/15/2026Pending sale$85,000
        Source: MLS Now #5198660 Report a problem
        4/10/2026Listed for sale$85,000
        Source: MLS Now #5198660 Report a problem
        4/7/2026Pending sale$85,000
        Source: MLS Now #5198660 Report a problem
        4/3/2026Listed for sale$85,000+240%
        Source: MLS Now #5198660 Report a problem
        11/6/2013Sold$25,000-7.1%
        Source: MLS Now #3441984 Report a problem
        9/7/2013Listed for sale$26,900-41.7%
        Source: RE/MAX REAL ESTATE GROUP #3441984 Report a problem
        3/26/2013Sold$46,160+366.3%
        Source: Public Record Report a problem
        5/22/1998Sold$9,900
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,001 +0%$15,160
        2024$1,000 +15.5%$15,160 +35.7%
        2023$866 +0.6%$11,170
        2022$861 +0.9%$11,170
        2021$853 +12.5%$11,170 +30.2%
        2020$758 +8%$8,580
        2019$702 +0.3%$8,580
        2018$700 -25.4%$8,580 -22.7%
        2017$938 -47.9%$11,100
        2016$1,801 +2.7%$11,100
        2015$1,754 -12.6%$11,100 -10%
        2014$2,007 +100.1%$12,330
        2013$1,003 +3%$12,330
        2012$974 +2270.3%$12,330 +81.3%
        2011$41 -93.6%$6,800
        2010$643 +58%$6,800
        2009$407 -6.5%$6,800 -11%
        2008$435 +3.3%$7,640
        2007$421 +0.1%$7,640
        2006$421 -18.6%$7,640 -12.4%
        2005$517 +1.2%$8,720
        2004$511 $8,720
        2003-- $8,720 +14.7%
        2002$437 -41.2%$7,600
        2001$743 +4.5%$7,600
        2000$711 $7,600
        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.
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        Climate risks

        Neighborhood: Stockyards

        Getting around

        56 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        52 / 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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