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$85,000 Just Listed
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Property Description
ttention savvy investors and portfolio builders! This vacant 3-unit multi-family property is the perfect "buy-and-hold" addition to your Cleveland portfolio. Located in an area with steady rental demand, this tri-plex offers a blank canvas to renovate and achieve top-of-market rents. With Cleveland's average 2-bedroom rents currently climbing toward $1,750+, the income potential here is substantial. The property is being sold AS-IS, allowing you to choose your finishes and build equity from day one. Configuration: 3 Units (Ready for a full refresh) Status: 100% Vacant - No tenant headaches, start work tomorrow! Potential: Pro-forma Cap Rate of 10%+ once stabilized. Location: Minutes from Detroit Shoreway and Clark-Fulton Areas, and easy highway access. Bring your flashlight and your contractor.
Full Property Details
Full Property Details for 3289 W 61st St
General
- Price: $85,000
- Taxes: $1,000 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5198660
- Updated: Today (4/3/2026)
- Added to Site: Today
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Off Street
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Otis
- Driving Directions: North of Stoner Ave. and South of Clark Ave.
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, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Year Built: 1905
- Year Built Source: Public Records
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size: .1148
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,000
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 34 OTIS S/L 15 SP 0016 ALL
- Property ID: 016-06-074
Listed by I Heart Real Estate, LLC., Jeffrey Schultheis
Get Pre-Approved Today
Schools
Schools serving 3289 W 61st St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Clark School 5550 Clark Avenue, Cleveland, OH 44102 | PK-8 | 0.5 mi |
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102 | 9-12 | 0.5 mi |
Halle 7901 Halle Avenue, Cleveland, OH 44102 | PK-8 | 0.7 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 3.6 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 1.3 mi |
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144 | 9-12 | 2.3 mi |
Bard Early College Cleveland 13501 Terminal Avenue, Cleveland, OH 44135 | 9-12 | 3.5 mi |
Orchard School 4200 Bailey Avenue, Cleveland, OH 44113 | PK-8 | 1.1 mi |
Walton School 3409 Walton Avenue, Cleveland, OH 44113 | PK-8 | 1.2 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 3289 W 61st St
Date
Details
Price
Change
Source
4/03/2026
Listed
$85,000
—
MLS
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 3289 W 61st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,000
—
$15,160
36%
2023
$1,000
11%
$11,170
—
2022
$904
6%
$11,170
—
2021
$853
13%
$11,170
30%
2020
$758
8%
$8,580
—
2019
$702
—
$8,580
—
2018
$700
-25%
$8,580
-23%
2017
$938
1%
$11,100
—
2016
$931
—
$11,100
—
2015
$931
-10%
$11,100
-10%
2014
$1,032
3%
$12,330
—
2013
$1,003
—
$12,330
—
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 3289 W 61st St
3289 W 61st Street, Loveland, OH 44102 (MLS# 5198660) is a Triplex property with 5 bedrooms and 3 full bathrooms. 3289 W 61st Street is currently listed for $85,000 and was received on April 03, 2026. Want to learn more about 3289 W 61st 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.

