$85,000

3289 W 61st Street, Cleveland, OH 44102

  • 5 beds |
  • 3 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon5,001sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

ttention savvy investors and portfolio builders! This vacant 3-unit multi-family property is the perfect "buy-and-hold" addition to your Cleveland portfolio. Located in an area with steady rental demand, this tri-plex offers a blank canvas to renovate and achieve top-of-market rents. With Cleveland’s average 2-bedroom rents currently climbing toward $1,750+, the income potential here is substantial. The property is being sold AS-IS, allowing you to choose your finishes and build equity from day one. Configuration: 3 Units (Ready for a full refresh) Status: 100% Vacant – No tenant headaches, start work tomorrow! Potential: Pro-forma Cap Rate of 10%+ once stabilized. Location: Minutes from Detroit Shoreway and Clark-Fulton Areas, and easy highway access. Bring your flashlight and your contractor.

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 10:19PM
Listing Office:
I Heart Real Estate, LLC. : 800-259-7670
Listing Agent:
Jeffrey Schultheis : 419-295-6771
MLS ID:
5198660
  • A/C: None
  • Heating: Forced AirGas
  • Parking: Off Street
  • Roofing: AsphaltFiberglass
  • General: Vinyl Siding2Block
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 34 OTIS S/L 15 SP 0016 ALL016-06-074
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Jeffrey Schultheis , I Heart Real Estate, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Clark PreK-8 School

5550 Clark Ave, Cleveland, OH, 44102

Grades PK-8

0.46 miles away

C

Clark PreK-8 School

5550 Clark Ave, Cleveland, OH, 44102

Grades PK-8

0.46 miles away

M

Max S. Hayes High School

2211 W 65th St, Cleveland, OH, 44102

Grades 9-12

0.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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