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    3-Unit Multifamily Investment
    Updated: May 23
    3-Unit Multifamily Investment

    3214 W 61st Street, Cleveland, OH 44102

    $245,000
    1,963 sqft 1.00 AC lot
    3‑family investment package: front duplex (2BR first floor, 1BR upstairs) plus separate 1BR single‑family home in the rear
    Fully occupied with Section 8 tenants in place; rental income reported as over $3,100 per month
    Lead certified as of April 2026 to meet City of Cleveland requirements
    Remodeled throughout with updated mechanicals, newer vinyl siding, and updated vinyl windows; fresh paint, updated flooring, remodeled kitchens & baths
    Appliances included: dishwasher, microwave, range, and refrigerator; forced‑air heating with natural gas; public water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    3214 W 61st Street, Cleveland, OH 44102

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $311K
      Above asking

    • Property Type

      Duplex
      Built 1900
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    Duplex and Single-Family Home
    Updated: May 11
    Duplex and Single-Family Home

    6415 Gertrude Avenue, Cleveland, OH 44105

    $289,000
    1,888 sqft 0.12 AC lot
    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
    Major updates include updated electrical panels, updated plumbing lines, separate furnaces and utilities, newer furnaces, and younger water heaters
    Additional improvements: glass block windows, updated 100 AMP meter bases, newer roofing components, and recently painted exterior
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    Cleveland Investment Property For Sale
    Cleveland Investment Property For Sale

    3688 W 15th Street, Cleveland, OH 44109

    $269,000
    2,871 sqft 0.04 AC lot

    Fully occupied duplex and single-family home, a prime investment opportunity.

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    Triplex and Rear Single-Family Home
    Triplex and Rear Single-Family Home

    3332 Walton Avenue, Cleveland, OH 44113

    $359,900
    2,992 sqft 0.12 AC lot

    Front triplex and separate rear single-family home with all units currently leased and $3,625 monthly rent.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turnkey Two-House Rental Package
    Turnkey Two-House Rental Package

    1979 W 54th Street, Cleveland, OH 44102

    $229,900
    5,214 sqft 0.05 AC lot

    Two occupied, updated rental homes generate monthly income with potential for buyer-managed or portfolio additions.

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    Duplex and Single-Family Fixer
    Duplex and Single-Family Fixer

    9920 Cumberland Avenue, Cleveland, OH 44104

    $30,000
    0.08 AC lot

    Two homes on one parcel, including a duplex and a rear single-family, sold as-is for renovation-minded buyers.

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    Two-Home Residential Income Property
    Two-Home Residential Income Property

    7104 Dearborn Avenue, Cleveland, OH 44102

    $104,900
    0.06 AC lot

    Two small single-family homes are occupied month to month, with tenants paying $500 per month per unit.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Cleveland, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Bedroom Residential Income Home
    Two-Bedroom Residential Income Home

    24951 Treadwell, Euclid, OH 44117

    $64,950
    858 sqft 0.09 AC lot

    Single-family residential income property with two bedrooms, one bath, and a partially finished basement.

    View details
    Rehab-Ready Historic Home
    Rehab-Ready Historic Home

    243 N Broadway, Medina, OH 44256

    $175,000
    0.11 AC lot

    Single-family property gutted to studs, with a new roof scheduled for 2026, for flexible small-business or rental use.

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    Two Side-by-Side Homes
    Two Side-by-Side Homes

    237 N Broadway, Medina, OH 44256

    $275,000
    0.11 AC lot

    For-sale investor package featuring two adjacent homes with additional retail plaza income option on the same corner.

    View details
    Renovated Move-In Ready Home
    Renovated Move-In Ready Home

    1464 E 248th Street, Euclid, OH 44117

    $99,900
    0.11 AC lot

    Fully renovated single-family home with a partially finished basement and extra storage on a spacious lot.

    View details

    Cleveland, OH Single Family Properties Market Trends and Statistics

    Explore 7 single family properties for sale in Cleveland, OH, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 14,928 square feet of properties for sale, with an estimated market value of $1,527,700.

    Sale prices for single family properties in Cleveland, OH start at $30,000, averaging $218,242, and reaching up to $359,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 425
    Duplexes 289
    Triplexes 51
    Apartment buildings 47
    Quadplexes 29

    Demographics Overview

    Population 1.16M
    Population Growth (5Y) +0.2%
    Median Household Income $66,028
    College Educated 36.6%

    High-Yield Neighborhoods for Investment

    Identify Cleveland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44127 $49K
    44103 $55K
    44104 $116.2K
    44120 $156.7K
    44102 $182.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cuyahoga County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Cleveland fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Cleveland, OH

    • 44102
    • 44104
    • 44105
    • 44109
    • 44113

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