1234 E 61st StreetCleveland, OH 44103

1234 E 61st StreetCleveland, OH 44103

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$129,900 Active
Multi Unit - Multiple MLS 5194270 New to the Market
5 beds 2 full baths 2,036 sqft

Listed By

Agency Name: Keller Williams Living
Agency Contact: Journey@journeyhomegroup.net, 440-935-9793

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Don't miss this fully updated, turnkey duplex in Cleveland's 44103, offering a strong mix of space, stability, and long-term upside. Featuring a total of 5 bedrooms and 2 full baths, this property has been thoughtfully renovated throughout with fresh paint, updated flooring, modern kitchens and bathrooms, and select mechanical improvements?giving both units a clean, move-in-ready feel that today's tenants appreciate. It's the kind of property where the heavy lifting has already been done. This is a fully occupied, income-producing asset, providing immediate and consistent cash flow from day one. With both units already leased, you can step into a stabilized investment without the hassle of vacancy or initial lease-up. The layout and updates also support continued strong tenant demand, making it a solid addition to any portfolio or a great option for someone looking to get started in multifamily investing. The location adds another layer of value. Situated near the growing Hough/MidTown corridor and close to University Circle, this area continues to benefit from new development, housing investment, and neighborhood revitalization efforts that are actively reshaping the east side. With proximity to restaurants, major employers, and ongoing redevelopment projects?and home values in the area trending upward year-over-year?this property offers not just strong income today, but real potential for appreciation moving forward.

1234 E 61st Street | MLS# 5194270

This multi-family property located at 1234 E 61st Street, Cleveland, OH 44103 is currently listed for sale with an asking price of $129,900. E 61st Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 486royeravenuenw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Days on Market: 5
Garage: 2
Heating: Forced Air
Lot Size: 0.17 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $594 / year
Year Built: 1880

Feature Descriptions

Exterior: Asphalt, Frame, Other, Plaster, Shingle Siding, Wood Si
Laundry: Lower Level
Parcel#: 104-15-107
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 1234 E 61st Street, Cleveland, OH 44103
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 721.17 per month $633.78 Principal & Interest $49.50 Property Tax $37.89 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage