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$230,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 2 Full Baths
  • 2,720 Sq. Ft.
  • 0.0792 Acres
  • Updated 6 days ago
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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.

Full Property Details for 14225-14227 Rainbow Ave

General

  • Price: $230,000
  • Taxes: $2,047 (2025)
  • Status: Active
  • Type: Duplex
  • Source: 505
  • MLS ID: 5212158
  • Updated: 5/21/2026
  • Added to Site: 6 day(s) ago

Interior

  • Number of Rooms: 4

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Parking Features: Detached Carport

Location

  • County: Cuyahoga
  • Township: Cleveland
  • Subdivision: Triskett Park Homes Inc
  • Driving Directions: W 140th St to Rainbow Ave. Property on south side.

School Information

  • Elem School District: Cleveland Municipal - 1809
  • Midd School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Other
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt, Shingle
  • Stories/Levels: 2
  • Square Feet: 2,720
  • Living Area: 2,720 Sq. Ft.
  • Finished Above Grnd: 1,846 Sq. Ft.
  • Finished Below Grnd: 874 Sq. Ft.
  • Year Built: 1945
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.0792
  • Lot Size: .0792
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $2,047
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: 12 TRISPKHO 0191 ALL
  • Property ID: 024-35-091

Listed by Keller Williams Living, Michael A Roberts

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Listing agent

— 14225-14227 Rainbow Ave —

  • Michael A Roberts

    Keller Williams Living

mike@ontheblockgroup.com, 330-607-8592

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 14225-14227 Rainbow Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Listed
$230,000
123.3%
MLS
2/13/2020
Sold
$103,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 14225-14227 Rainbow Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$967
—
$14,460
52%
2023
$967
32%
$9,490
—
2022
$732
1%
$9,490
—
2021
$725
12%
$9,490
29%
2020
$649
8%
$7,350
—
2019
$601
—
$7,350
—
2018
$599
-24%
$7,350
-21%
2017
$787
1%
$9,310
—
2016
$781
—
$9,310
—
2015
$781
-5%
$9,310
-5%
2014
$821
1%
$9,800
—
2013
$812
—
$9,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 14225-14227 Rainbow Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Living, Michael A Roberts

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14225-14227 Rainbow Avenue, Loveland, OH 44111 (MLS# 5212158) is a Duplex property with 4 bedrooms and 2 full bathrooms. 14225-14227 Rainbow Avenue is currently listed for $230,000 and was received on May 21, 2026. Want to learn more about 14225-14227 Rainbow Avenue? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

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