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Property Description
Investor Opportunity - Cleveland Duplex with Value-Add Potential! Bring your vision to 2897 E. 111th St., a two-family property offering two separate units, each featuring 2 bedrooms and 1 full bathroom. Whether you're looking to renovate and hold as a rental or add another multifamily property to your portfolio, this duplex offers plenty of potential. Some improvements have already been started, including newer electrical panel boxes, one newer furnace, and one newer hot water tank. The property does have known electrical issues and will require additional electrical work, giving the next owner the opportunity to complete the improvements and maximize the property's potential. Conveniently located on Cleveland's east side with access to major employment, medical, and educational hubs, including the Cleveland Clinic and University Circle area. The nearby Opportunity Corridor provides improved connectivity between the east side, I-490, and University Circle, an area that continues to see public and private investment and redevelopment. With two rentable units and an affordable entry point into Cleveland's multifamily market, this could be an excellent opportunity for an investor looking for a renovation project with future income-producing potential. Property is being sold in its current condition. Buyer to perform their own due diligence regarding property condition, electrical system, repairs, rental potential, and projected income.
Full Property Details
Full Property Details for 2897 E 111th St
General
- Price: $115,000
- Taxes: $1,160 (2025)
- Status: Active
- Type: Duplex
- Source: 505
- MLS ID: 5250126
- Updated: 10/2/2026
- Added to Site: Today
Interior
- Number of Rooms: 10
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Harvey Rice Jrs
- Driving Directions: Off Buckeye Rd
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: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Square Feet: 2,448
- Living Area: 2,448 Sq. Ft.
- Finished Above Grnd: 1,632 Sq. Ft.
- Finished Below Grnd: 816 Sq. Ft.
- Year Built: 1920
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1905
- Lot Size: .1905
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,160
- Tax Year: 2025
- Terms: Cash, 1031 Exchange
- Owner Pays: Water
Disclosures and Reports
- Legal Description: 427 RICE JR 0110 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 128-28-065
Listed by Keller Williams Living, Feliz A Colon
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Schools
Schools serving 2897 E 111th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 0.4 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 0.8 mi |
Bolton 9803 Quebec Avenue, Cleveland, OH 44106 | PK-8 | 1.2 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 9.8 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 1.5 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1.5 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1.5 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 1.3 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2897 E 111th St
Date
Details
Price
Change
Source
10/02/2026
Listed
$115,000
82.54%
MLS
11/20/2024
Sold
$63,000
—
Public Record
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 2897 E 111th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,005
—
$15,015
—
2024
$1,004
—
$15,020
65%
2023
$1,004
36%
$9,110
—
2022
$737
8%
$9,110
—
2021
$685
12%
$9,100
31%
2020
$613
8%
$6,930
—
2019
$568
—
$6,940
—
2018
$566
-28%
$6,940
-26%
2017
$781
-1%
$9,390
—
2016
$788
—
$9,390
—
2015
$787
-10%
$9,390
-10%
2014
$874
1%
$10,440
—
2013
$865
—
$10,440
—
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 2897 E 111th St
2897 E 111th Street, Loveland, OH 44104 (MLS# 5250126) is a Duplex property with 4 bedrooms and 2 full bathrooms. 2897 E 111th Street is currently listed for $115,000 and was received on October 02, 2026. Want to learn more about 2897 E 111th Street? 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.

