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3283 W 48th Street, Cleveland, OH 44102

Cleveland
Local realty services provided by:CENTURY 21 Transcendent Realty
3283 W 48th Street,Cleveland, OH 44102
$144,900
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  • 6 Beds
  • 3 Baths
  • 1,852 sq. ft.
  • Multi-family
  • Active
Listed by: tal tamir, benjamin peleg
Office: russell real estate services
MLS#:5230008
Source:OH_NORMLS

Price summary

  • Price:$144,900
  • Price per sq. ft.:$78.24

About this home

Investment opportunity with immediate cash flow! This fully occupied income-producing property is currently configured as a triplex (zoned as a duplex) with all three units occupied and generating consistent rental income. Unit 1 rents for $525/month on a month-to-month lease. Unit 2 rents for $810/month on a lease ending July 31, 2026, and will transition to month-to-month thereafter. Unit 3 rents for $800/month on a lease ending August 31, 2026, with the tenant planning to vacate at lease expiration, offering an opportunity to increase rents or occupy the unit. Owner pays water and sewer, tenants pay all other utilities. Conveniently located near shopping, restaurants, parks, and major commuter routes, this property offers strong cash flow today with future upside through rental increases and lease turnover. Do not disturb tenants. No showings until accepted offer.

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Home facts

  • Year built:1910
  • Listing ID #:5230008
  • Added:6 day(s) ago
  • Updated:July 29, 2026 at 10:48 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:10
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,852 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1910
  • Building area:1,852 sq. ft.
  • Lot area:0.12 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$144,900
  • Price per sq. ft.:$78.24
  • Tax amount:$2,703 (2025)

Parking

  • Parking description:Paved
  • Garage:Yes
  • Garage spaces:2
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