1141 E 148th Street, Cleveland, OH 44110
Local realty services provided by:CENTURY 21 Darfus Realty
1141 E 148th Street,Cleveland, OH 44110
$123,900
- 5 Beds
- 3 Baths
- 2,700 sq. ft.
- Single family
- Active
Listed by: glen g whitten
Office: ohio property group, llc.
MLS#:5148359
Source:OH_NORMLS
Price summary
- Price:$123,900
- Price per sq. ft.:$45.89
About this home
High-ROI Turnkey Duplex – Fully Occupied, 15% Cap Rate, Instant Cash Flow!
Do you like checks in the mail every month? Rare opportunity for real estate investors! This income-producing duplex is fully rented with stable, long-term tenants. Upstairs unit rents for $1,129/mo and downstairs for $1,269/mo, generating $2,398/month - $28,776/year in gross rental income.
At a purchase price of $129,000, that’s an impressive 15% capitalization rate with immediate positive cash flow. Both units have separate utilities, strong rental history, and is located close to shopping, dining, schools, and major highways. Perfect for buy-and-hold investors, 1031 exchange buyers, and cash-flow seekers. Low-maintenance investment property in a market with rising rents—add this turnkey rental property to your portfolio today!
WHEN OFFERING: Proof of funds required. Cash offers will be considered before offers contingent on bank financing. $2K EMD.
Cash Flow, ROI, Below Market, Handyman Special, rehab, as-is, motivated seller, must sell, relocation, estate sale, foreclosure, short sale, investment property, income property, developing area, high growth area, potential, add value
Contact an agent
Home facts
- Year built:1919
- Listing ID #:5148359
- Added:125 day(s) ago
- Updated:December 19, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:2,700 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Asphalt
- Year built:1919
- Building area:2,700 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$123,900
- Price per sq. ft.:$45.89
- Tax amount:$907 (2024)
New listings near 1141 E 148th Street
- New
$169,000Active6 beds 2 baths12402 Benwood Avenue, Cleveland, OH 44105
MLS# 5176935Listed by: EXP REALTY, LLC. - New
$78,000Active3 beds 1 baths1,161 sq. ft.3846 E 143rd Street, Cleveland, OH 44128
MLS# 5177632Listed by: KELLER WILLIAMS LIVING - New
$79,000Active3 beds 1 baths4089 E 175th Street, Cleveland, OH 44128
MLS# 5177970Listed by: MCDOWELL HOMES REAL ESTATE SERVICES - New
$45,400Active4 beds 2 baths1,700 sq. ft.7611 Marble Avenue, Cleveland, OH 44105
MLS# 5177963Listed by: ASPIRE COMMUNITY REALTY, LLC - New
$134,000Active6 beds 4 baths2,490 sq. ft.3454 E 76th Street, Cleveland, OH 44127
MLS# 5177600Listed by: KEY REALTY - New
$125,000Active3 beds 1 baths1,464 sq. ft.9703 Elwell Avenue, Cleveland, OH 44104
MLS# 5177848Listed by: JAMM REAL ESTATE CO. - New
$210,000Active4 beds 3 baths18606 Cherokee Avenue, Cleveland, OH 44119
MLS# 5177937Listed by: EXP REALTY, LLC. - New
$165,000Active6 beds 3 baths423 E 152nd Street, Cleveland, OH 44110
MLS# 5177949Listed by: REAL OF OHIO - New
$100,000Active4 beds 2 baths1,728 sq. ft.6845 Ottawa Road, Cleveland, OH 44105
MLS# 5177606Listed by: KELLER WILLIAMS ELEVATE - New
$108,900Active3 beds 1 baths1,056 sq. ft.12712 Lenacrave Avenue, Cleveland, OH 44105
MLS# 5177715Listed by: RUSSELL REAL ESTATE SERVICES