Turnkey Multifamily Investment
3214 W 61st Street, Cleveland, OH 44102
New
MULTI_FAMILY - Cleveland, OH
Property size:
1,963 SFLot size:
1.00 AcresPrice / SF:
$124/SF- Added:
- May 23, 2026
- Days on Market:
- 2
- Last Refresh:
- May 24 at 10:06 pm
Property Features for 3214 W 61st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Laundry Room, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Basement, Bathroom 2
- Parking features
- Driveway
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Standard status
- Active
- 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
Listing agent Christopher A Frederick License #426983 (216) 210-7653
Listing office Coldwell Banker Schmidt Realty 32648 Center Ridge Road, Strongsville, OH (440) 327-2123
Listing date May 23, 2026
MLS# 5211842
Listing URL
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.
HighLights
- Turnkey investment: Fully occupied 3‑family property generating over $3,100/month with Section 8 tenants.
- Lead Certified: Meets City of Cleveland requirements (certified until April 2026).
- Completely Remodeled: Updated mechanicals, vinyl siding and windows, renovated interiors, kitchens and baths.
- Strong Rental Demand: Located in a desirable appreciating zip code.
- Low‑Maintenance: Successfully self‑managed, appliances included, updated features.
- Multifamily Package: Includes a duplex and a separate single‑family home on one lot.
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
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.727978
- Latitude
- 41.466414
Nearby Similar for Sale
FAQs
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: Turnkey investment: Fully occupied 3‑family property generating over $3,100/month with Section 8 tenants.; Lead Certified: Meets City of Cleveland requirements (certified until April 2026).; Completely Remodeled: Updated mechanicals, vinyl siding and windows, renovated interiors, kitchens and baths.
