Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,900,000
Residential income homes
6301 Gertrude Ave Cleveland, OH 44105-3582
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-5358835
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1910
Construction
WOOD
Total area
2,826 SF
Lot
0.12 ac (5,200 SF)
Zoning code
2F
APN
132-13-057
UPID
US66-5358835
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.90M
Owner & transaction history
Hero Homes Jv2 Encore Borrower LLC · 2 yrs held
Hero Homes Jv2 Encore Borrower LLC
since 2024
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
2F · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,900,000
ML approach
$3,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.90M
Range $3.51M – $4.29M · ±10% · vs last sale $3.90M (Apr 30 2024)
Last sale anchor
$3.90M
Apr 30 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,380 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,234
Tax year 2023
Assessed value
$22,370
Assessed 2023
Previous assessed
$22,370
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$2,030
Assessed improvement
$20,340
Land market value
$5,800
Improvement market value
$58,100
Total market value
$63,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1910
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Bathrooms
4
Total area
2,826 SF
Lot
0.12 ac (5,200 SF)
Zoning code
2F
APN
132-13-057
UPID
US66-5358835
Jurisdiction
CUYAHOGA
Zoning & alternative use
2F · Cleveland, OH
Zoning 2F · permitted uses
2F · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
Hero Homes Jv2 Encore Borrower LLC
Entity
Mailing address
6250 GRIFFIN RD, DAVIE, FL 33314-4421
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
—
Hero Homes Jv2 Encore Borrower LLC
Hero Homes Jv 2 LLC
Intrafamily Transfer
related
$3,841,200 · Encore Sfr Finance LLC
Sep 25, 2023
$3,900,000
Hero Homes Jv2 LLC
Goldline Properties LLC
Warranty Deed
—
Sep 25, 2023
—
Goldline Properties LLC
Goldmark Properties LLC
Limited Warranty Deed
—
Mar 15, 2017
$15,501
Goldmark Properties
Deutsche Bk Nat 2005-nc3
Grant Deed
—
May 17, 2016
$10,672
Deutsche Bk Natl Trust 2005-nc3 Tr
Chief Deputy Sheriff Of Cuyahoga|dattilo,anthony
Trustees Deed
—
Apr 29, 2008
—
Dattilo Investors LLC
Dattilo,anthony & Ann M
Quit Claim Deed
related
—
Feb 16, 2005
$90,625
Anthony Dattilo
Household Realty Corp
Grant Deed
$72,500 · New Century Mortgage
Jan 12, 2005
$63,334
Household Realty Corp
Sheriff Of Cuyahoga County
Trustees Deed
related
—
Jan 11, 1999
$94,900
Deidra F Alexander
Mcguire,charles & Mary
Grant Deed
$94,900 · First Indiana Bank
—
—
Charles E Mcguire
—
Deed Of Trust
related
$18,000 · National City Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6301 Gertrude Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
