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Caitlin Tasker

caitlin@thetaskerhometeam.com +1(330) 257-3804

$ 237,500

Est. payment | -/mo

4 Beds

3 Baths

1,963 SqFt

Save

$ 237,500

Est. payment | -/mo

Save

4 Beds

3 Baths

1,963 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,963 sqft

Price per Sqft $120

Subdivision Sargent

MLS Listing ID 5211842

Bedrooms 4

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 1,531

Year Built 1900

Annual Tax Amount $1,480

Tax Year 2025

Contingent House Sale

Lot Size 1.004 Acres

Acres 1.0044

Property Sub-Type Triplex

Property Description

ATTENTION INVESTORS! TRUE TURNKEY CASH-FLOW OPPORTUNITY! Fully occupied 3-family investment package consisting of a duplex plus a separate single-family home. Current and offered rents provide strong income potential, with the downstairs duplex unit increasing from $1,078 to a new 12-month lease offer of $1,250/month, the upstairs unit at $1,011/month with renewal currently in process, and the rear home increasing from $1,030 to a new 12-month lease offer of $1,100/month. At these rental rates, the property offers potential gross annual rental income of approximately $40,332. Property is Lead Certified as of April 2026, meeting City of Cleveland requirements. Completely remodeled with no expense spared and successfully self-managed from the West Coast, this property is ideal for a first-time investor or a strong addition to an existing portfolio. Two homes are situated on one lot, featuring a front duplex plus a separate stand-alone home in the rear. The duplex includes a spacious 2-bedroom first-floor unit and a 1-bedroom upstairs unit, while the rear home offers a private 1-bedroom layout. Both homes feature updated mechanicals, newer vinyl siding, updated vinyl windows, and extensive interior renovations. Interiors offer fresh paint, updated flooring, remodeled kitchens and baths, and included appliances. Well-maintained condition and established tenancy provide an attractive opportunity for investors seeking stable rental income with additional upside through the current lease renewals and rent increases. Located in a desirable Cleveland ZIP code with strong rental demand, this rare, fully occupied and Lead-Certified multifamily package offers convenience, income potential, and long-term investment opportunity.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Dishwasher, Microwave, Range, Refrigerator

Laundry In Unit

Exterior

Parking Features Shared Driveway

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 016-07-023

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com, 216-210-7653

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(330) 257-3804

caitlin@thetaskerhometeam.com

8316 Cleveland Ave NW , North Canton, Ohio 44720, USA

3214 W 61st ST Cleveland, OH 44102

Caitlin Tasker

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3214 W 61st ST