$325,000

6415 Gertrude Avenue, Cleveland, OH 44105

  • 10 beds |
  • 3 baths |
  • 3,772 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon5,201sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $86/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

FULLY UPDATED TURN KEY triplex offering a clean, modern feel throughout and strong potential for both owner-users and investors alike. This well-maintained property features three spacious units with flexible layouts, each showcasing fresh finishes, neutral paint tones, and updated flooring that create a bright, move-in-ready atmosphere. Large windows bring in abundant natural light, while thoughtful room flow allows for comfortable living and versatile use of space. Kitchens have been refreshed with modern cabinetry and ample counter space, and bathrooms are clean and updated with contemporary fixtures. Multiple units offer bonus rooms that can serve as additional living areas, office space, or storage, adding flexibility to each floor plan. A full unfinished basement provides laundry access and additional storage options. Outdoor features include welcoming covered porches, balconies, and a shared yard—ideal for enjoying fresh air or casual outdoor use. The property also offers a private driveway for convenient off-street parking. Separate utilities for electric and gas help streamline management, with owner-paid water and sewer. With its updated condition, multiple income streams, and practical layout, this property presents an attractive opportunity for investors seeking a solid addition to their portfolio or buyers looking for a multi-unit option with long-term potential. Projected rents total $4,494 per month, generating an estimated annual NOI of about $35,000 and placing this property at an approximate 10% cap rate, a rare return for something this updated and move in ready. Updates Include new roof, windows, plumbing and electrical, HVAC and HWTs in each unit as well as designated laundry areas. Can be sold as part of a portfolio, contact list agent

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 6:17AM
Listing Office:
EXP Realty, LLC. : 866-212-4991
Listing Agent:
Nicole R Guizzotti : 216-906-2694
MLS ID:
5183887
  • Laundry: Lower Level
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced Air
  • Parking: Driveway
  • Roofing: Shingle
  • General: Aluminum SidingThree Or More
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 314 HICKOX S/L 208WP 0207 EP132-13-050
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Nicole R Guizzotti , EXP Realty, LLC.

Monthly Payment

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

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Location

Schools Nearby

A

Albert Bushnell Hart School

3900 E 75th St, Cleveland, OH, 44105

Grades KG-8

0.48 miles away

A

Albert Bushnell Hart School

3900 E 75th St, Cleveland, OH, 44105

Grades KG-8

0.48 miles away

J

John Adams College and Career Academy

3817 Martin Luther King Jr Dr, Cleveland, OH, 44105

Grades 9-12

2.25 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.