1261 E 113th Street, Cleveland, OH 44108
Local realty services provided by:ERA Real Solutions Realty
Listed by: michael azzam
Office: re/max haven realty
MLS#:5215582
Source:OH_NORMLS
Price summary
- Price:$60,000
- Price per sq. ft.:$22.22
About this home
No wholesalers. No Seller financing. No low ball offers.
This triplex presents an outstanding value-add opportunity for investors seeking their next BRRRR, renovation, or long-term cash-flow project. This spacious triplex offers 3 large units, each with 2 bedrooms and 1 bath units, each unit on its own floor. Each unit features spacious living areas and kitchen space layouts, providing a strong foundation for improvements and future rental income. The property also includes a basement, offering additional storage space and potential value-add opportunities.
The third-floor unit benefits from separate electric service, baseboard heating, and its own electric water heater, providing added utility separation and management flexibility. With renovations and updates, investors have the opportunity to maximize rental performance and increase overall property value. Market rents are estimated at approximately $900 per month per unit, creating attractive income potential once stabilized.
Conveniently located in Cleveland, the property offers easy access to Interstate 90, downtown Cleveland, University Circle, Cleveland Clinic, University Hospitals, shopping centers, restaurants, public transportation, schools, parks, and everyday amenities.
Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!
Whether you’re looking to execute a BRRRR strategy, expand your rental portfolio, or reposition a multifamily asset for stronger returns, this triplex presents a compelling opportunity with significant upside potential!...
Contact an agent
Home facts
- Year built:1911
- Listing ID #:5215582
- Added:47 day(s) ago
- Updated:July 21, 2026 at 07:52 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:14
- Basement:Yes
- Basement Description:Full
- Living area:2,700 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1911
- Building area:2,700 sq. ft.
- Lot area:0.09 Acres
- Levels:3 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$60,000
- Price per sq. ft.:$22.22
- Tax amount:$1,140 (2025)
Parking
- Parking description:Driveway
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