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$200,000
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Property Description
Excellent multi-family investment at 6701 Gertrude Ave, Cleveland, OH 44105, fully upgraded for durability and tenant appeal. This three-unit property boasts significant capital improvements ensuring longevity and low maintenance costs. Key upgrades include a new roof, 12 new windows, completely new plumbing and water tanks, two new furnaces plus an additional serviced unit, and an updated electrical grounding system with 90% new fixtures throughout. The interior and exterior have been freshly painted with new carpets and newer cabinets installed. Unit 1 features new laminate flooring, and the new enclosed porch adds valuable living space. Solar lights installed around the property enhance curb appeal and reduce energy costs. Unit mix offers diversified rental income: Unit 1 has 4 bedrooms and 1 bathroom, perfect for families or group housing; Unit 2 is a cozy 1 bedroom, 1 bathroom; Unit 3 includes 2 bedrooms and 1 bathroom. Each unit designed for comfort and tenant retention. With all major systems and finishes updated, this property stands ready for immediate occupancy or rental growth, making it a turnkey opportunity in Cleveland's market. Investors benefit from reduced capital expenditure risk, updated infrastructure, and a highly desirable layout.
Full Property Details
Full Property Details for 6701 Gertrude Ave
General
- Sold For: $200,000
- Taxes: $2,174 (2024)
- Status: Closed
- Type: Triplex
- Source: 505
- MLS ID: 5157650
- Added to Site: 94 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Parking Features: Parking Pad
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Stone Hickox Hosmer Bates & Sm
- Driving Directions: Fleet to 65th to Gertrude
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.: Common Basement
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 2,700
- Living Area: 2,700 Sq. Ft.
- Finished Above Grnd: 2,700 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.1194
- Lot Size: .1194
- Lot Size Source: Assessor
- Lot Features: Back Yard
Green Features
- Energy Efficient: HVAC, Roof
Financial Considerations
- Tax Amount: $2,174
- Tax Year: 2024
- Terms: Cash, Conventional, VA Loan
- Tenant Pays: Cable TV, Electricity, Gas
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 314 HICKOX 0222 ALL
- Property ID: 132-14-064
Listed by Lokal Real Estate, LLC., Eric M Hampton
Sold by Realtown Realty LLC, Brittanie Elliott
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Schools
Schools serving 6701 Gertrude Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105 | PK-8 | 1.2 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 1.6 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 1.9 mi |
East Technical High School 2439 East 55th Street, Cleveland, OH 44104 | 9-12 | 2.6 mi |
Alfred A. Benesch School 5393 Quincy Avenue, Cleveland, OH 44104 | K-8 | 2.7 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 2.7 mi |
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 2.9 mi |
Luis Munoz Marin School 1701 Castle Avenue, Cleveland, OH 44113 | PK-8 | 2.9 mi |
Benjamin Franklin 1905 Spring Road, Cleveland, OH 44109 | PK-8 | 3 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 6701 Gertrude Ave
Date
Details
Price
Change
Source
10/03/2025
Sold
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6701 Gertrude Avenue, Loveland, OH 44105 (MLS# 5157650) is a Triplex property that was sold at $200,000 on October 03, 2025. Want to learn more about 6701 Gertrude Avenue? 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.

