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14225-14227 Rainbow Avenue Cleveland, OH $ 230,000
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$ 230,000 Get more info
14225-14227 Rainbow Avenue
$ 230,000
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14225-14227 Rainbow Avenue

Cleveland, OH, 44111
$ 230,000
Bedrooms4 Baths2.0 Sq 1,846

Monthly Estimate*

$ 1,416

14225-14227 Rainbow Avenue, Cleveland, OH 44111 - Image 1
14225-14227 Rainbow Avenue, Cleveland, OH 44111 - Image 2
14225-14227 Rainbow Avenue, Cleveland, OH 44111 - Image 3
14225-14227 Rainbow Avenue, Cleveland, OH 44111 - Image 4
14225-14227 Rainbow Avenue, Cleveland, OH 44111 - Image 5
14225-14227 Rainbow Avenue, Cleveland, OH 44111 - Image 6
14225-14227 Rainbow Avenue, Cleveland, OH 44111 - Image 7
14225-14227 Rainbow Avenue, Cleveland, OH 44111 - Image 8
14225-14227 Rainbow Avenue, Cleveland, OH 44111 - Image 9
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Multi-Family Home for sale in Cleveland, OH

for $230,000 with 4 bedrooms and 2 full baths. This 1,846 square foot home was built in 1945 on a lot size of 0.0792.

Opportunity knocks at 14225-14227 Rainbow Avenue in Cleveland. This side-by-side duplex featuring two 2 bedroom, 1 bath units is a fantastic opportunity for a new or seasoned investor looking to grow their portfolio. One unit currently has a CMHA tenant in place paying $965 per month, while the other unit rents for $1,250 per month, providing steady income and immediate cash flow for the next owner. A unique advantage of this property is that each side is individually parceled, giving investors the flexibility to sell the properties together or separately in the future. With functional layouts and strong investment potential, this property is ideal as a long term rental, house hack, or portfolio addition. Conveniently located near shopping, dining, parks, and major highways, this property offers easy access to everything Cleveland has to offer. Whether you are looking to expand your rental portfolio or jump into real estate investing, this is an opportunity worth a look.

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Multi-Family Active

Price

$ 230,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,047

Style

Lot Size

0.0792

Year Built

1945

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5212158
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Delivery Of Deed
Roof Asphalt Shingle
Garage Spaces 0
Construction Materials Other
Year Built 1945
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Duplex
Tax Year 2025
Additional Parcels Description 024-35-092
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Triskett Park Homes Inc
Garage Y/N true
Total Rooms 4
Full Baths 2
Status Active
Directions W 140th St to Rainbow Ave. Property on south side.
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 2047
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Duplex
Legal Description 12 TRISPKHO 0191 ALL
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Interior
Basement Unfinished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 1846
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 874
Main Level Bathrooms 0
Below Grade Finished Area Source Realist
Above Grade Finished Area Source Realist
Total Baths 2
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Exterior
Parking Features Detached Carport
Water Source Public
Lot Size Area 0.0792
Number of Buildings 1
Lot Size Acres 0.0792
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Michael A Roberts

Listing Agent

Keller Williams Living

Broker

mike@ontheblockgroup.com

Email

Affordability Calculator

$1,587
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$171
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/21/2026$230,000 Listed Price

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14225-14227 Rainbow Avenue, Cleveland, OH, 44111 is a Multi-Family Home for sale at $230,000 with 1,846 sqft and a lot size of 0.0792. 14225-14227 Rainbow Avenue has 4 bedrooms, 2.0 baths, and was built in 1945. The property's zip code is 44111 which is in Cleveland, OH

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