Tour
$2,671 Closing Credit¹
#5083248, Thomas Fischer, Listing Office: RE/MAX Above & Beyond
$160,000 List price
14212-14214 Rainbow Ave Cleveland, OH 44111
$1,900
Closing credit¹
4 beds
2 full
4,286 sqft
0.08 acres
$37 / sqft
Multi-Family
Property details
About 14212-14214 Rainbow Ave
Fantastic Opportunity in West Park! This side-by-side duplex is perfect for a first-time buyer looking to offset housing costs or an investor seeking strong cash flow. Each unit offers generously sized bedrooms, large common areas, and great closet/storage space. Enjoy privacy for each occupant with separate entrances and individual basements already plumbed and ready for a second bathroom addition. One unit is vacant and rent-ready, while the updated mechanicals ensure low-maintenance ownership. Professionally managed and well-maintained, this property still offers upside potential for future equity gains. Located near major highways and just minutes from Lakewood and Downtown West Park, it's priced right and positioned for long-term value. Don't miss out on this smart investment!
Highlights
Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
Size4,286 sqft
BasementYes
Lot size0.08 Acres
Year built1945
ParkingDetached, Garage, Paved
MLS #5118910
Garage1 space
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: No
- Parking: Detached, Garage, Paved
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $160,000
- Price/SqFt: $37
- Directions: Located off of Gramatan Ave.
- Year Built: 1945
- Stories: 2
- Living Area: 4,286 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 5118910
- MLS Name: NOWDD
- Office Name: Keller Williams Citywide
- Office Phone: (216) 916-7778
- Office Email: Info@EZSalesTeam.com
- Listing Agent: Gregory Erlanger
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$160,000
14212-14214 Rainbow Ave
$1,900
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Global Ambassadors Language Academy
Public Charter KG-5
0.7 mi
•13442 Lorain Ave
7
Constellation Schools: Westpark Community Elementary School
Public Charter KG-4
0.8 mi
•16210 Lorain Ave
6
Hayes Elementary School
Public District PK-5
1.1 mi
•16401 Delaware Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,123. Residents of Cleveland, OH typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
47%
<35k
45%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
16%
Single, with Kids
14%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
43%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 14212-14214 Rainbow Ave in Cleveland, OH and zip code 44111 in the Vineyard Villas neighborhood. This 4,286 square foot home, which was built in 1945, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $160,000.
While more than 280 listings in Cleveland, OH in April 2025 were sold above asking price, there were more than 97 listings sold at asking price, and more than 308 were sold below. Between March and April 2025, Cleveland, OH real estate market has seen increase in the number of listings by 5.1%. Listings spent 39 days on the market in April 2025, and had a median list price of $172,191 during the same period.
From Rocket Homes Real Estate and based on county public records data.