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6415 Gertrude Avenue, Cleveland, OH 44105

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For Sale

$349,900

10 beds • 3 baths • 3,772 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $92.76
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome to 6415 Gertrude Ave, a fully renovated triplex offering a powerful combination of cash flow, modern updates, and long term stability. With two updated units in the main building and a separate single family home in the rear, this setup gives buyers versatility and strong rental appeal. The entire property has been updated from top to bottom with a brand new roof, new vinyl windows, updated electrical and plumbing systems, new furnaces, and new water tanks. Each unit has been refreshed with clean finishes and its own dedicated laundry area, making it both appealing to tenants and easier to manage. Projected rents total $4,494 per month, generating an estimated annual NOI of about $35,000 and placing this property at an approximate 10% cap rate, a rare return for something this updated and move in ready. Whether you're expanding a portfolio or looking for a property where you can live in one unit and let the other two cover the mortgage while still producing income, this triplex delivers flexibility and strong financial upside. Located near major roads, transit, and neighborhood amenities, this property offers a clean, turn key opportunity for both new and experienced investors. Schedule your private showing today.
MLS# 5174051

Courtesy Of Keller Williams Citywide

(440) 892-2211

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Rooms
    Laundry Room

Map and Directions

Directions to 6415 Gertrude Avenue, Cleveland, OH 44105

Home seller CENTURY 21 HomeStar

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 HomeStar

(440) 449-9100
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.