Triplex at 3214 W 61st Street, Cleveland
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$245,000

3214 W 61st Street
Cleveland, OH 44102
Listed by Christopher A Frederick · Coldwell Banker Schmidt Realty
Bedrooms
4
Bathrooms
3
Living area
1,963 sqft
Year built
1900

About this home

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 details

MLS
NOWDD
MLS #
5211842
Property type
Triplex
Subdivision
Sargent
Status
Active
Days on market
52
On market date
May 23, 2026
Stories
2
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.0044 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Constellation Schools: Stockyard Community Elementary
0.16 mi away · Grades 0-6
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
173
Student:teacher ratio
28.8:1
District
Constellation Schools: Stockyard Community Elementary
MiddleCharter
Constellation Schools: Stockyard Community Middle
0.16 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
74
Student:teacher ratio
37.0:1
District
Constellation Schools: Stockyard Community Middle
High
Max S Hayes High School
0.33 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
13.9:1
District
Cleveland Municipal

Walkability

Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores18
Parks20
Schools17
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 52 days -- 2 more days than Cleveland's current average of 50 days.
For reference, the median list price across 2,506 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,625/mo
$49,000 down
$196,000 loan
Principal & interest$1,271
Property tax (est.)$204
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 14, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.