14225-14227 Rainbow Avenue, Cleveland, OH 44111

Cleveland
Local realty services provided by:ERA Real Solutions Realty
14225-14227 Rainbow Avenue,Cleveland, OH 44111
$230,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 2,720 sq. ft.
  • Multi-family
  • Active
Listed by: michael a roberts
Office: keller williams living
MLS#:5212158
Source:OH_NORMLS

Price summary

  • Price:$230,000
  • Price per sq. ft.:$84.56

About this home

Opportunity knocks at 14225-14227 Rainbow Avenue in Cleveland. This side-by-side duplex featuring two 2 bedroom, 1 bath units is a fantastic opportunity for a new or seasoned investor looking to grow their portfolio. One unit currently has a CMHA tenant in place paying $965 per month, while the other unit rents for $1,250 per month, providing steady income and immediate cash flow for the next owner. A unique advantage of this property is that each side is individually parceled, giving investors the flexibility to sell the properties together or separately in the future. With functional layouts and strong investment potential, this property is ideal as a long term rental, house hack, or portfolio addition. Conveniently located near shopping, dining, parks, and major highways, this property offers easy access to everything Cleveland has to offer. Whether you are looking to expand your rental portfolio or jump into real estate investing, this is an opportunity worth a look.

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Home facts

  • Year built:1945
  • Listing ID #:5212158
  • Added:13 day(s) ago
  • Updated:June 04, 2026 at 02:14 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:4
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,720 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1945
  • Building area:2,720 sq. ft.
  • Lot area:0.08 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$230,000
  • Price per sq. ft.:$84.56
  • Tax amount:$2,047 (2025)

Parking

  • Garage:Yes
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