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  • $58,000

    3289 W 61st St, Cleveland, OH 44102

    3beds
    --sqft
    Triplex, Multi Family
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $873 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $873/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

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

    I Heart Real Estate, LLC.

    Bought with:

    Shannon Winner, 2021002723

    Real of Ohio

    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

    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

    Price history

    DateEventPrice
    7/29/2026Sold$58,000-10.8%
    Source: MLS Now #5198660 Report a problem
    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

    Neighborhood: Stockyards

    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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