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.
For sale
$265,000
1427 E 51st St, Cleveland, OH 44103
6beds
--sqft
Est.:
Triplex, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutComfortable living spaceDesirable features
- 49 days |
- 150 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 11:09am
Listing Provided by:
Kim Lewis 440-799-5638 kim.lewis@heqrealty.com,
Home Equity Realty Group,
Zachary Rohrbough 330-618-9734,
Home Equity Realty Group
Source: MLS Now,MLS#: 5166550
Originating MLS: Medina County Board of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Gas, Hot Water, Steam
Cooling
- Wall/Window Unit(s)
Features
- Basement: Unfinished
Property
Parking
- Total spaces: 1
- Parking features: Common, Driveway
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,000.69 Square Feet
Details
- Parcel number: 10410039
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Remey & Herricks
Location
- Region: Cleveland
Financial & listing details
- Tax assessed value: $47,500
- Annual tax amount: $2,282
- Date on market: 10/22/2025
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Listed for sale | $265,000+52.7% |
Source: | ||
| 10/21/2024 | Listing removed | $870 |
Source: Zillow Rentals Report a problem | ||
| 10/7/2024 | Listed for rent | $870-3.3% |
Source: Zillow Rentals Report a problem | ||
| 9/11/2024 | Listing removed | $900 |
Source: Zillow Rentals Report a problem | ||
| 9/7/2024 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,112 +57.5% | $16,630 +82.7% |
| 2023 | $706 +0.6% | $9,100 |
| 2022 | $702 +0.9% | $9,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,806/mo
Principal & interest
$1285
Property taxes
$428
Home insurance
$93
Climate risks
Neighborhood: Goodrich-Kirkland Park
Nearby schools
GreatSchools rating
- 3/10Wade ParkGrades: PK-8Distance: 1.1 mi
- 4/10Design Lab @ Jane AddamsGrades: 9,11-12Distance: 0.9 mi
- 4/10Campus International High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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