407 E 147th Street, Cleveland, OH 44110
Local realty services provided by:ERA Real Solutions Realty
Listed by: anthony r latina
Office: re/max crossroads properties
MLS#:5226255
Source:OH_NORMLS
Price summary
- Price:$185,000
- Price per sq. ft.:$88.43
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 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....
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Home facts
- Year built:1914
- Listing ID #:5226255
- Added:3 day(s) ago
- Updated:July 19, 2026 at 02:18 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:$185,000
- Price per sq. ft.:$88.43
- 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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