407 E 147th Street, Cleveland, OH 44110

Cleveland
Local realty services provided by:ERA Real Solutions Realty
407 E 147th Street,Cleveland, OH 44110
$195,000
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  • 5 Beds
  • 3 Baths
  • 2,092 sq. ft.
  • Multi-family
  • Active
Listed by: anthony r latina
Office: re/max crossroads properties
MLS#:5203684
Source:OH_NORMLS

Price summary

  • Price:$195,000
  • Price per sq. ft.:$93.21

About this home

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...

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Home facts

  • Year built:1914
  • Listing ID #:5203684
  • Added:2 day(s) ago
  • Updated:April 30, 2026 at 08:42 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:2,092 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1914
  • Building area:2,092 sq. ft.
  • Lot area:0.09 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$195,000
  • Price per sq. ft.:$93.21
  • Tax amount:$2,646 (2025)

Features and amenities

  • Appliances:Range, Refrigerator

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:2
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