6415 Gertrude Avenue, Cleveland, OH 44105
Local realty services provided by:ERA Real Solutions Realty
Listed by: nicole r guizzotti
Office: exp realty, llc.
MLS#:5183887
Source:OH_NORMLS
Price summary
- Price:$349,000
- Price per sq. ft.:$92.52
About this home
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...
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Home facts
- Year built:1910
- Listing ID #:5183887
- Added:41 day(s) ago
- Updated:March 13, 2026 at 02:14 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:14
- Basement:Yes
- Basement Description:Unfinished
- Living area:3,772 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1910
- Building area:3,772 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Aluminium Siding
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$349,000
- Price per sq. ft.:$92.52
- Tax amount:$1,717 (2024)
Parking
- Parking description:Driveway
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