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Turnkey Multifamily Investment Opportunity

3214 W 61st Street, Cleveland, OH 44102

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For Sale

Under Contract

$245,000

MULTI_FAMILY - Cleveland, OH

Property size:

1,963 SF

Lot size:

1.00 Acres

Price / SF:

$124/SF

HighLights

Fully occupied 3‑family investment package: front duplex plus separate stand‑alone single‑family home on one lot
Rental income over $3,100 per month with secure Section 8 tenants already in place
Lead Certified as of April 2026 and compliant with City of Cleveland requirements
Completely remodeled with updated mechanicals and extensive interior renovations, including remodeled kitchens and baths
Newer vinyl siding and updated vinyl windows; appliances included (dishwasher, microwave, range, refrigerator)
Utilities: public water and public sewer; heating includes forced air natural gas; roof has asphalt and fiberglass materials

We can help!

Contact an agent

Christopher A Frederick

For Sale

Under Contract

$245,000

MULTI_FAMILY - Cleveland, OH

Property size:

1,963 SF

Lot size:

1.00 Acres

Price / SF:

$124/SF

Added:: May 23, 2026
Days on Market:: 48
Last Refresh:: Jul 9 at 7:06 am

Property Features for 3214 W 61st Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 3
Rooms: Bathroom 2, Bathroom 1, Bathroom 3, Laundry Room, Bedroom 4, Bedroom 3, Basement, Bedroom 2, Bedroom 1
Parking features: Driveway
Appliances: Dishwasher, Microwave, Range, Refrigerator
Standard status: Active Under Contract
APN: 016-07-023
Size: 1,963 SF
Lot size: 1.00 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 1480

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Forced Air
Water source: Public

Building Details

Year built: 1900
Floors in Building: 2
Building materials: AluminumSiding
Roof type: Fiberglass, Asphalt

We can help!

Contact an agent

Christopher A Frederick

Listing agent Christopher A Frederick License #426983

Listing office Coldwell Banker Schmidt Realty 32648 Center Ridge Road, Strongsville, OH

Listing date May 23, 2026

MLS# 5211842 Listing URL

HighLights

Fully occupied 3‑family investment package: front duplex plus separate stand‑alone single‑family home on one lot
Rental income over $3,100 per month with secure Section 8 tenants already in place
Lead Certified as of April 2026 and compliant with City of Cleveland requirements
Completely remodeled with updated mechanicals and extensive interior renovations, including remodeled kitchens and baths
Newer vinyl siding and updated vinyl windows; appliances included (dishwasher, microwave, range, refrigerator)
Utilities: public water and public sewer; heating includes forced air natural gas; roof has asphalt and fiberglass materials

Overview

This fully occupied 3-family investment package in Cleveland, Ohio, presents a turnkey cash-flow opportunity. The property consists of a duplex and a separate single-family home, generating over $3,100 per month in rental income with Section 8 tenants. Lead Certified as of April 2026, the property meets City of Cleveland requirements. The two homes are situated on one lot, featuring a front duplex and a separate stand-alone home in 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. The property is located in a desirable appreciating zip code with strong rental demand. The lot size is 1.0044 acres, and the property size is 1963 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Cleveland
County: Cuyahoga
State: Ohio
Longitude: -81.727978
Latitude: 41.466414

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For sale
Duplexes
OH
Cleveland
44102
3214 W 61st Street

What type of property is this?

Duplex - Fully occupied, lead-certified multifamily package generating over $3,100 monthly income.

Where is this duplex 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: Fully occupied 3‑family investment package: front duplex plus separate stand‑alone single‑family home on one lot; Rental income over $3,100 per month with secure Section 8 tenants already in place; Lead Certified as of April 2026 and compliant with City of Cleveland requirements

3214 W 61st Street, Cleveland, OH 44102

MULTI_FAMILY - Cleveland, OH

Property Features for 3214 W 61st Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

All-Brick Freestanding Office Building

Turnkey Retail Building in Cleveland

Asian Town Mixed-Use Assemblage

Renovated Three-Unit Multifamily

Daycare Facility in Cleveland, OH

Mixed-Use Office and Residential Property

Turnkey Bar and Restaurant with Banquet Hall

Retail Store with Brick Front

Turnkey Remodeled Duplex

Street-Level Commercial Condo with Display Window

Turnkey Triplex in South Collinwood

Turnkey Restaurant with Living Space

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