1615 E 47th Street, Cleveland, OH 44103

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
1615 E 47th Street,Cleveland, OH 44103
$255,000
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  • 7 Beds
  • 4 Baths
  • 2,159 sq. ft.
  • Multi-family
  • Pending
Listed by: sophie boehlen
Office: premier heights realty llc.
MLS#:5194288
Source:OH_NORMLS

Price summary

  • Price:$255,000
  • Price per sq. ft.:$118.11

About this home

Stylishly rehabbed triplex is conveniently located minutes from Downtown Cleveland, Cleveland State University and The Cleveland Clinic's main campus. Completely remodeled 3-unit in 44103 has been grossing $3,500/month or $42,000/year! This property EASILY beats the 1% Rule and 10-Cap benchmark. Everything is new, from the roof, siding, vinyl windows, and new concrete parking pads and driveway to mechanicals and interior finishes. There are two units on the ground floor, each with 2-bedrooms and 1 bath. The entire second floor is a 3-bedroom unit with 2 FULL bathrooms and a covered porch. All three kitchens have new cabinets with granite counters and newer stainless steel appliances including fridge/freezer, range, dishwasher and microwave. Each of the three units has Central AC and in-unit washers and dryers. Owners pay all utilities and charge tenants a flat monthly fee. Total utility fees were generating $310/month when fully occupied. LEAD CERTIFICATE valid through April 2027.

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Home facts

  • Year built:1880
  • Listing ID #:5194288
  • Added:2 day(s) ago
  • Updated:March 23, 2026 at 02:50 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:11
  • Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:2,159 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1880
  • Building area:2,159 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$255,000
  • Price per sq. ft.:$118.11
  • Tax amount:$925 (2025)

Features and amenities

  • Appliances:Dishwasher, Microwave, Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Carbon Monoxide Detectors, Smoke Detectors
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