$195,000

407 E 147th Street, Cleveland, OH 44110

5 beds |
3 baths |
2,092 sqft

Duplex
Built in 1914
3,851sqft lot
2 car garage
$93/sqft
Listed 2 months ago

Property Description

407 East 147th Street in Cleveland presents a fully occupied, income producing multifamily opportunity with a solid blend of updates and steady cash flow. This three unit property includes two 2 bedroom, 1 bathroom units, currently rented at $850 and $950 per month, along with a 1 bedroom, 1 bathroom unit leased at $545 per month. With all units occupied, the property offers immediate and consistent rental income from day one. Each unit has been thoughtfully refreshed, with Units 1 and 2 updated in 2023 featuring improvements to paint, flooring, kitchens, and bathrooms, creating clean, comfortable living spaces that appeal to tenants. The third unit was also updated in 2023, including a bathroom refresh, kitchen installation, new flooring, and paint, giving it a cohesive and move in ready feel. Newer hot water tanks installed in 2024 add to the overall reliability of the property. The detached 2 car garage provides added value and convenience, while the overall layout offers functional, easy to maintain living spaces across all units. With a strong rental lineup, recent updates, and consistent occupancy, this property offers a well rounded opportunity for investors seeking both stability and long term upside in a convenient Cleveland location.

Listing Status:: Active
Data Last Updated:: July 4, 2026 at 8:20PM
Listing Office:: RE/MAX Crossroads Properties : 440-331-2870
Listing Agent:: Anthony R Latina : 440-465-5611
MLS ID:: 5203684

Appliances: RangeRefrigerator
Laundry: In BasementNone
Basement: FullUnfinished
A/C: None
Heating: Forced AirGas

General: Balcony
Other Structures: Balcony
Parking: ConcreteDetachedGarage

Roofing: AsphaltFiberglass
General: Vinyl Siding3

Originating MLS: NOWDD_NORM
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: 16 WHITEPRO SP 129.92 S OF KEYES 0003112-20-073

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Anthony R Latina , RE/MAX Crossroads Properties

Monthly Payment

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Principal & Interest $
Property Taxes $
Home Insurance $
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