1141 E 148th Street, Cleveland, OH 44110

Local realty services provided by:Better Homes and Gardens Real Estate Central
1141 E 148th Street,Cleveland, OH 44110
$119,000
  • 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:$119,000
  • Price per sq. ft.:$44.07

About this home

Could you use an extra $27,000 in income per year? Check out this sky-high Return On Investment, Turnkey Duplex! CASH COW, Fully Occupied, 15% Cap Rate, Instant Cash Flow! 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 $1,129/mo, generating $2,258/month = $27,096 PER YEAR RENTAL INCOME! At a purchase price of $123,000, that’s a HUGE 16% capitalization rate with immediate cash flow. Both units have separate utilities where tenants pay gas and electric, tenants have strong rental history, and it's 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 ABOVE offers

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Home facts

  • Year built:1919
  • Listing ID #:5148359
  • Added:181 day(s) ago
  • Updated:February 10, 2026 at 03:24 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:$119,000
  • Price per sq. ft.:$44.07
  • Tax amount:$907 (2024)
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