BEDS4
BATHS3 full
SQUARE FEET1,963
MLS#5211842
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSargent
SCHOOLCleveland Municipal - 1809
Property Description
Attention investors looking for true turnkey cash-flow opportunity! Fully occupied 3-family investment package consisting of a duplex plus a separate single-family home generating over $3,100 per month rental income w/secure Section 8 tenants already in place. Property is Lead Certified as of April 2026 meeting the City of Cleveland requirements, making this an excellent low-maintenance investment opportunity. Completely remodeled w/no expense spared, property is successfully self-managed from the West Coast & is ideal as your first investment property or strong addition to an existing portfolio. Two homes are situated on one lot featuring a front duplex plus separate stand-alone home in the rear. Duplex includes a spacious 2-bedroom unit on the first floor & 1-bedroom unit upstairs, while the rear home offers a private 1-bedroom layout. Both homes feature updated mechanicals, newer vinyl siding, updated vinyl windows, extensive interior renovations throughout. Interiors fresh paint, updated flooring, remodeled kitchens & baths plus appliances included for added convenience. Attractive & well-maintained condition supports long-term tenant retention & stable rental income. Located in a desirable appreciating zip code w/strong rental demand, investment-friendly property offers excellent long-term upside potential w/reliable income already in place. Rare opportunity to purchase a fully occupied, lead-certified, professionally updated multifamily package.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Forced Air, Gas
Lot Size: 1.00 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,480 / year
Year Built: 1900
Feature Descriptions
Appliances: Dishwasher, Microwave, Range, Refrigerator
Exterior: Aluminum Siding
Laundry: In Unit
Parcel#: 016-07-023
Parking: Shared Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653
Shown By
Agent Name: Tom Menches
Agent Phone: (330) 685-1090
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,565.25 per month $1,370.46 Principal & Interest $123.33 Property Tax $71.46 Homeowner's InsuranceChange Payment Information
Tom Menches
Cell: (330) 685-1090
Email Me
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3214 W 61st Street | MLS# 5211842
This multi-family property located at 3214 W 61st Street , Cleveland, OH 44102 is currently listed for sale with an asking price of $245,000. W 61st Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on thomasmenches.ikeyrealty.com today.