Duplex and Single-Family
6415 Gertrude Avenue Cleveland, OH 44105
For Sale
$289,000
MULTI_FAMILY - Cleveland, OH
Property Size1,888 SF
Lot Size0.12 Acres
Price / SF$153.07
Days on Market80
Property Features for 6415 Gertrude Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
10
Bathrooms
4
Rooms
Bathroom 2, Bedroom 2, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 10, Bathroom 1, Bedroom 9, Basement, Bathroom 3, Bathroom 4, Bedroom 4, Laundry Room, Bedroom 6, Bedroom 1, Bedroom 3
Parking features
Driveway
Standard status
Active
APN
132-13-050
Size
1,888 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
314 HICKOX S/L 208WP 0207 EP
Tax Annual Amount
1733
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1910
Floors in Building
2
Building materials
AluminumSiding, VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
RE/MAX Haven Realty
(440) 519-3100
Listed By:
Michael Azzam · License #2014004734
(216) 446-7606
Added: May 11
Changed: Jul 28
Last Checked: Jul 29 at 5:06AM
MLS# 5209068
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property includes a front duplex and a separate rear single-family home on one lot. The duplex features two spacious 3-bedroom, 1-bath units, each with updated LVP flooring, vinyl windows, newer cabinetry, laminate countertops, carpeted bedrooms, updated bathrooms, modern fixtures, and newer entry doors. The rear single-family home offers up to 4 bedrooms and 1.5 bathrooms with updated finishes, vinyl windows, LVP kitchen flooring, and a refreshed bathroom, providing a functional layout for additional rental income.
The exterior has been substantially improved, including updated electrical panels, updated plumbing lines, separate furnaces and utilities, newer furnaces, younger water heaters, glass block windows, updated 100 AMP meter bases, aluminum siding, newer roofing components, and recently painted exterior surfaces. The home is located on Cleveland’s southeast side, minutes from Washington Reservation, Warsaw Park, and Morgana Park, with nearby shopping, restaurants, schools, public transportation, and major roadways offering access to downtown Cleveland and surrounding areas.
With separate heating and utilities for the duplex and updated systems throughout, this configuration can support a straightforward owner-occupant or investor strategy. The fully renovated condition and multi-building layout provide flexibility for managing rentals while keeping both structures under one ownership on the same lot.
The exterior has been substantially improved, including updated electrical panels, updated plumbing lines, separate furnaces and utilities, newer furnaces, younger water heaters, glass block windows, updated 100 AMP meter bases, aluminum siding, newer roofing components, and recently painted exterior surfaces. The home is located on Cleveland’s southeast side, minutes from Washington Reservation, Warsaw Park, and Morgana Park, with nearby shopping, restaurants, schools, public transportation, and major roadways offering access to downtown Cleveland and surrounding areas.
With separate heating and utilities for the duplex and updated systems throughout, this configuration can support a straightforward owner-occupant or investor strategy. The fully renovated condition and multi-building layout provide flexibility for managing rentals while keeping both structures under one ownership on the same lot.
Key Highlights
- Duplex plus separate single‑family home on one lot, offering multiple living/rental spaces in one property
- Front duplex features two units, each with 3 bedrooms and 1 bathroom
- Rear single‑family home offers up to 4 bedrooms and 1.5 bathrooms
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.8k | $17.88 |
| − Vacancy | −$1.5k | −$0.80 |
| EGI | $32.2k | $17.08 |
| − OpEx | −$9.7k | −$5.12 |
| NOI | $22.6k | $11.95 |
1,888 SF · lease $17.88/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$322.4K
$282.1K – $376.1K
NOI $22,567 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$299.1K
$261.7K – $348.9K
NOI $20,934 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$460.7K
$403.1K – $537.5K
NOI $32,251 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated two-unit duplex plus a separate single-family home on one lot, designed for rental income flexibility.
Where is this duplex located?
The property is located at 6415 Gertrude Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Duplex plus separate single‑family home on one lot, offering multiple living/rental spaces in one property; Front duplex features two units, each with 3 bedrooms and 1 bathroom; Rear single‑family home offers up to 4 bedrooms and 1.5 bathrooms
