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3289 W 61st Street, 
Cleveland, OH 44102

$58,000


5

Beds


3

Baths


-

Sq Ft


Multi-Family

Closed

Listed by

Jeffrey Schultheis

Bought with Real of Ohio

I Heart Real Estate, LLC.

800-259-7670

MLS#

5198660

Source:

OH NORMLS

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About This Home

3289 W 61st Street

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.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1905

Subdivision & Development:

Otis

Price Summary

65,000

MLS #:

5198660

Sold:

July 29, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Year Built:

1905


Lot

Lot Size (Sq. Ft):

5,000


Finances & Disclosures

Finances

Price:

$65,000

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