USAOHClevelandA J Marshs Sub1261 E 113Th Street

1261 E 113Th Street, Cleveland, OH

Name: 1261 E 113Th Street, For Sale in Cleveland - Zoocasa
Brand: RE/MAX Haven Realty
SKU: 5215582
Price: 60000 USD

House

For Sale

Listed price in listed location currency (USD).

$60,000

530

MLS® 5215582

Overview

Key Facts

Type Triplex

Levels Residential Income

Size 2700 sqft

Garage

Taxes $1,140

Days Active 0

Lot Size

Approx. Age 1911

Avg. Price Per Sqft $22

MLS® Number 5215582

Property Address: 1261 E 113th Street, Cleveland, OH, 44108

Average square foot calculated using Size range provided by listing agent.

Description

No wholesalers. No Seller financing. No low ball offers. This triplex presents an outstanding value-add opportunity for investors seeking their next BRRRR, renovation, or long-term cash-flow project. This triplex offers a flexible unit mix consisting of two 2-bedroom, 1-bath units on the first and second floors, plus a 1-bedroom, 1-bath unit on the third floor. Each unit features spacious living areas and kitchen space layouts, providing a strong foundation for improvements and future rental income. The property also includes a basement, offering additional storage space and potential value-add opportunities. The third-floor unit benefits from separate electric service, baseboard heating, and its own electric water heater, providing added utility separation and management flexibility. With renovations and updates, investors have the opportunity to maximize rental performance and increase overall property value. Market rents are estimated at approximately $900 per month per unit, creating attractive income potential once stabilized. Conveniently located in Cleveland, the property offers easy access to Interstate 90, downtown Cleveland, University Circle, Cleveland Clinic, University Hospitals, shopping centers, restaurants, public transportation, schools, parks, and everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to execute a BRRRR strategy, expand your rental portfolio, or reposition a multifamily asset for stronger returns, this triplex presents a compelling opportunity with significant upside potential!

MLS® Number5215582

Laundry LevelLower

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1911

BasementFull

DrivewayDriveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $60,000 and $216,000.

Similar properties in this area sold on average for: $163,625

Expected to sell in 109 days. Similar properties sold in 109 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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