1427 E 51st Street, Loveland, OH 44103 - Photo 1

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$265,000

For Sale
Active
Triplex
6 Beds
3 Full Baths
1 Partial Bath
0.1148 Acres
1 Car Garage

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Property Description

Fully occupied cash-flowing tri-plex in the heart of Cleveland. This solid investment property sits in a prime, centrally located neighborhood only minutes from downtown, major hospitals, universities, transit, dining, and entertainment. This is a turn-key addition to any portfolio. The owner has completed numerous updates and improvements, enhancing the property's durability, efficiency, and tenant appeal. Each unit offers a functional layout, comfortable living space, and desirable features. This is an ideal buy-and-hold opportunity for investors seeking immediate return, ongoing rent collection from day one, and a property with future upside in a growing Cleveland market. Showings will be made possible once an offer has been accepted out of the privacy and respect for the tenants. All information is believed to be accurate and true buyer does need to do their own due diligence.

Full Property Details

Full Property Details for 1427 E 51st St

General

Price: $265,000
Taxes: $2,282 (2024)
Status: Active
Type: Triplex
Source: 505
MLS ID: 5166550
Updated: 10/22/2025
Added to Site: 87 day(s) ago

Interior

Number of Rooms: 15

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 3
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 6

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Common, Driveway

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Remey & Herricks
Driving Directions: Follow Superior Ave to E 51st St

School Information

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

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Wall/Window Unit(s)
Heating Type: Gas, Hot Water, Steam

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Construction: Aluminum Siding, Vinyl Siding
Basement: Yes
Basement Desc.: Unfinished
Roof: Asphalt
Stories/Levels: 2
Year Built: 1910
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.1148
Lot Size: .1148
Lot Size Source: Assessor

Financial Considerations

Tax Amount: $2,282
Tax Year: 2024
Owner Pays: Sewer, Trash Collection, Water
Tenant Pays: Electricity, Gas

Disclosures and Reports

Special Conditions: Standard
Legal Description: 128 R&H 0010 NP
Property ID: 104-10-039

Listed by Home Equity Realty Group, Kim Lewis and Home Equity Realty Group, Zachary Rohrbough

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Listing agents

— 1427 E 51st St —

Kim Lewis

Home Equity Realty Group
Zachary Rohrbough

Home Equity Realty Group

kim.lewis@heqrealty.com, 440-799-5638

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Schools

Schools serving 1427 E 51st St

School District:Cleveland Municipal School District

Name	Grades	Distance
Wade Park 7600 Wade Park Avenue, Cleveland, OH 44103	PK-8	1.1 mi
George Washington Carver 2200 East 55th Street, Cleveland, OH 44103	PK-8	1.3 mi
Marion-Sterling Elementary School 3033 Central Avenue, Cleveland, OH 44115	PK-8	1.5 mi
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103	PK-8	1.5 mi
Willson School 1122 Ansel Rd, Cleveland, OH 44108	PK-8	1.5 mi
Daniel E Morgan School 8912 Morris Court, Cleveland, OH 44106	PK-8	1.6 mi
Alfred A. Benesch School 5393 Quincy Avenue, Cleveland, OH 44104	K-8	1.7 mi
East Technical High School 2439 East 55th Street, Cleveland, OH 44104	9-12	1.8 mi
Bolton 9803 Quebec Avenue, Cleveland, OH 44106	PK-8	2.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1427 E 51st St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/22/2025

Listed

$265,000

52.74%

MLS

10/27/2023

Sold

$173,500

—

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

Tax History for 1427 E 51st St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$1,112

—

$16,630

83%

2023

$1,112

58%

$9,110

—

2022

$702

$9,110

—

2021

$696

—

$9,100

16%

2020

$693

$7,840

—

2019

$642

—

$7,850

—

2018

$640

-12%

$7,850

-9%

2017

$728

$8,610

—

2016

$722

—

$8,610

—

2015

$722

$8,610

2014

$701

$8,370

—

2013

$693

—

$8,370

—

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

Estimate the Cost for 1427 E 51st St

1427 E 51st Street, Loveland, OH 44103 (MLS# 5166550) is a Triplex property with 6 bedrooms, 3 full bathrooms and 1 partial bathroom. 1427 E 51st Street is currently listed for $265,000 and was received on October 22, 2025. Want to learn more about 1427 E 51st Street? Do you have questions about finding other Triplex 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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1427 E 51st St Loveland, OH 44103