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$ 134,900
Est. payment /mo
New
1522 E 47th ST Cleveland, OH 44103
5 Beds
3 Baths
5,584 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Alexander Mcintoshs
MLS Listing ID 5232672
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1900
Annual Tax Amount $712
Tax Year 2025
Lot Size 5,584 Sqft
Acres 0.1282
Property Sub-Type Triplex
Property Description
Turnkey investment opportunity in one of Cleveland's strongest rental markets! This fully rent-ready triplex offers immediate income with significant upside. The first-floor unit is currently leased at $1,000 per month on a month-to-month basis, providing instant cash flow while allowing the next owner flexibility to adjust rents or occupancy as desired. The two additional one-bedroom, one-bathroom units are vacant, move-in ready, and primed for immediate leasing, giving investors the opportunity to quickly increase monthly income. Whether you're looking to expand your rental portfolio or purchase your first multifamily investment, this is a true plug-and-play opportunity with minimal upfront work required. All three units are in rent-ready condition, allowing you to focus on maximizing returns instead of renovations. Conveniently located near Downtown Cleveland, University Circle, the Cleveland Clinic, and major highways, this property benefits from strong rental demand and excellent long-term investment potential. Don't miss your chance to own a cash-flowing asset with immediate value-add through leasing the vacant units.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement, Crawl Space
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage
Garage Spaces 3.0
Garage Description 3.0
Water Access Desc Public
Roof Type Asbestos Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 104-24-046
Special Listing Condition Standard
Listed by Michael T Arko • Keller Williams Greater Metropolitan • mikearko@kw.com, 440-520-4270
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