#5137730, LeZandria Ortiz, Listing office: Key Realty
3250 W 61st St Cleveland, OH 44102
Property details
About 3250 W 61st St
Looking to add high-performing, cash-flowing real estate to your portfolio in one of Ohio’s most dependable rental markets? This 21-property (23-unit) portfolio across Cuyahoga County is fully tenant-occupied and generating strong returns. With properties spread across 11 zip codes, you’ll gain exposure to a diverse mix of neighborhoods, rent ranges, and asset types—offering both stability and upside. Highlights: Consistent Cash Flow: All units are occupied and performing. Generating over $375,000 gross income annually. Gross Monthly Rent = $31,295. Gross Monthly Rent Per Unit = $1,360. Average Price Per Property = $133,333. Geographic Diversity: Spread across East and West Cleveland in 11 zip codes. Asset Mix: Combination of single-family and small multifamily homes—ideal for long-term appreciation and steady income. Tenant Type: 13 market-rate units and 10 subsidized (Section 8 & Eden). Upgraded Portfolio: Over $600K in cosmetic and mechanical improvements in the last two years—averaging $26K per unit. Professionally Managed: Minimal headaches, turnkey ready. Perfect for: Turnkey investors seeking immediate income from day one. Buyers wanting diversified exposure across Cleveland’s rental submarkets. Portfolio builders bundling performing properties in strong cash flow areas. Interested in a breakdown of rents, expenses, and cap rates? Let’s connect.
Highlights
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: On Street
- Architectural Style: Cape Cod
- Heating: Forced Air
- Cooling: Window Unit(s)
- List Price: $133,333
- Price/SqFt: $109
- Annual Tax Amount: $863
- Tax Year: 2023
- Directions: Right on W 61st St.
- Year Built: 1900
- Living Area: 1,213 SqFt
- Lot Size: 0.102 Acres
- MLS Number: 5134323
- MLS Name: NOWDD
- Office Name: Keller Williams Greater Metropolitan
- Office Phone: (216) 255-7377
- Office Email: shoshana@thesocherteam.com
- Listing Agent: Shoshana Socher
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 6:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 23, 2023 | Home Sold | $31,000 |
Dec 22, 2015 | Home Sold | $25,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $11,380 | $863 |
2022 | $11,380 | $901 |
2021 | $11,380 | $849 |
2020 | $8,750 | $756 |
2019 | $8,760 | $699 |
2018 | $8,760 | $697 |
2017 | $950 | $78 |
History based on county public records data.
Nearby schools
4
Constellation Schools: Stockyard Community Elementary School
Public Charter KG-6
0.2 mi
•3200 W 65th St
5
Louisa May Alcott Elementary School
Public District KG-5
1.9 mi
•10308 Baltic Rd
2
Constellation Schools: Old Brooklyn Community Elementary School
Public Charter KG-4
2.4 mi
•4430 State Rd
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 $14,875. Most Cleveland, OH residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 3250 W 61st St
The listing price of 3250 W 61st St property is $133,333.
The property 3250 W 61st St is a house located in Cleveland, Ohio, 44102.
Active Listing: 3250 W 61st St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3250 W 61st St are: Constellation Schools: Stockyard Community Elementary School (GreatSchools Rating 4/10), Louisa May Alcott Elementary School (GreatSchools Rating 5/10), Constellation Schools: Old Brooklyn Community Elementary School (GreatSchools Rating 2/10), Constellation Schools: Stockyard Community Middle School (GreatSchools Rating 3/10), Clark PreK-8 School (GreatSchools Rating 6/10), Halle School (GreatSchools Rating 2/10), Max S. Hayes High School (GreatSchools Rating 2/10), Thomas Jefferson School (GreatSchools Rating 3/10), Frederick Douglass High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $863 (source: MLS/based on county public records data).
The last sale was on October 23, 2023 for $31,000 (source: MLS/tax record).
The property at 3250 W 61st St has 3 bedrooms and 1 bathroom.
The property 3250 W 61st St is 1,213 SqFt (source: MLS/tax record).
The year of construction for 3250 W 61st St is 1900.
This home is located at 3250 W 61st St in Cleveland, OH and zip code 44102 in the Stockyards neighborhood. This 1,213 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $133,333.
While more than 306 listings in Cleveland, OH in June 2025 were sold above asking price, there were more than 98 listings sold at asking price, and more than 335 were sold below. The number of homes for sale in Cleveland, OH increased by 3.7% between May and June 2025. While the average time on the market in June 2025 was 32 days, the median list price was $173,756.