3214 W 61st StreetCleveland, OH 44102

3214 W 61st StreetCleveland, OH 44102

1/50 Fullscreen
$237,500 Active
Multi Unit - Multiple MLS 5211842 Price Reduced $7,500 on August 24th, 2026
4 beds 3 full baths 1,963 sqft

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653

Shown By

Agency Title: Cutler Real Estate
Agency Phone:

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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.

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 $237,500. W 61st Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 93
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

Demographics

Cuyahoga County Demographic Information for 3214 W 61st Street, Cleveland, OH 44102
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,409.19 per month $1,216.59 Principal & Interest $123.33 Property Tax $69.27 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage