3283 W 48th Street, Cleveland, OH 44102
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: tal tamir, benjamin peleg
Office: russell real estate services
MLS#:5230008
Source:OH_NORMLS
Price summary
- Price:$143,900
- Price per sq. ft.:$77.7
About this home
Investment opportunity with immediate cash flow! This fully occupied income-producing property is currently configured as a triplex (zoned as a duplex) with all three units occupied and generating consistent rental income. Unit 1 rents for $525/month on a month-to-month lease. Unit 2 rents for $810/month on a lease ending July 31, 2026, and will transition to month-to-month thereafter. Unit 3 rents for $800/month on a lease ending August 31, 2026, with the tenant planning to vacate at lease expiration, offering an opportunity to increase rents or occupy the unit. Owner pays water and sewer, tenants pay all other utilities. Conveniently located near shopping, restaurants, parks, and major commuter routes, this property offers strong cash flow today with future upside through rental increases and lease turnover. Do not disturb tenants. No showings until accepted offer.
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Home facts
- Year built:1910
- Subdivision & Development:Diodate Clark
- Listing ID #:5230008
- Added:76 day(s) ago
- Updated:October 07, 2026 at 02:35 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:10
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,852 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1910
- Building area:1,852 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$143,900
- Price per sq. ft.:$77.7
- Tax amount:$2,703 (2025)
Parking
- Parking description:Paved
- Garage:Yes
- Garage spaces:2
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