Turnkey Multifamily Investment
3214 W 61ST STREET, Cleveland, OH 44102
New
multifamily - CLEVELAND, OH
Property size:
1,963 SFLot size:
1.00 AcrePrice / SF:
$124/SF- Added:
- May 23, 2026
- Days on Market:
- 2
- Last Refresh:
- May 24 at 9:06 pm
Property Features for 3214 W 61ST STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Interior features
- RANGE, DISHWASHER, MICROWAVE, LAUNDRY: IN UNIT, REFRIGERATOR, LAUNDRY: IN UNIT
- Standard status
- Active
- Size
- 1,963 SF
- Lot size
- 1.00 Acre
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1900
- Roof type
- Asphalt, Fiberglass
- Architectural style
- Other
Listing agent Christopher Frederick (216) 210-7653
Listing office Schmidt Realty 32648 Center Ridge Road, OH (440) 777-8500
Listing date May 23, 2026
MLS# 5211842
Listing URL
Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey Investment: Fully occupied 3‑family property generating over $3,100/month rental income with Section 8 tenants.
- Lead Certified: Meets City of Cleveland requirements (certified until April 2026).
- Completely Remodeled: Extensive renovations throughout, including updated mechanicals, newer vinyl siding and windows, remodeled kitchens and baths, and appliances included.
- Low‑Maintenance: Successfully self‑managed from out of state, ideal for new or experienced investors.
- Strong Rental Demand: Located in a desirable, appreciating zip code.
- Updated Interiors: Fresh paint, updated flooring, in‑unit laundry, and included appliances.
Overview
This multifamily investment package features a duplex and a separate single-family home, generating over $3,100 per month in rental income. The property is lead certified until April 2026, meeting the City of Cleveland requirements. The two homes are situated on one lot, with the duplex at the front and the single-family home at the rear. The duplex includes a 2-bedroom unit on the first floor and a 1-bedroom unit upstairs, while the rear home offers a private 1-bedroom layout. Both homes feature updated mechanicals, newer vinyl siding, and updated vinyl windows, along with extensive interior renovations throughout. Interiors feature fresh paint, updated flooring, remodeled kitchens and baths, plus appliances. Located in Cleveland, OH 44102, the property is situated in a desirable zip code with strong rental demand. The property size is 1963 square feet and the lot size is 1 acre. The property is fully occupied with secure Section 8 tenants already in place.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7279514
- Latitude
- 41.4664103
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Fully occupied, lead-certified multifamily package generating over $3,100 monthly.
Where is this multifamily property located?
The property is located at 3214 W 61ST STREET Cleveland, OH.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Turnkey Investment: Fully occupied 3‑family property generating over $3,100/month rental income with Section 8 tenants.; Lead Certified: Meets City of Cleveland requirements (certified until April 2026).; Completely Remodeled: Extensive renovations throughout, including updated mechanicals, newer vinyl siding and windows, remodeled kitchens and baths, and appliances included.
