1522 E 47th Street, Cleveland, OH 44103

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
1522 E 47th Street,Cleveland, OH 44103
$149,900
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  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael t arko
Office: keller williams greater metropolitan
MLS#:5232672
Source:OH_NORMLS

Price summary

  • Price:$149,900

About this home

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...

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Home facts

  • Year built:1900
  • Subdivision & Development:Alexander Mcintoshs
  • Listing ID #:5232672
  • Added:103 day(s) ago
  • Updated:November 12, 2026 at 04:12 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:14
  • Basement:Yes
  • Basement Description:Common Basement, Crawl Space

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Lot area:0.13 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$149,900
  • Tax amount:$712 (2025)

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:3
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