407 E 147Th St, Cleveland, OH

Name: 407 E 147Th St, For Sale in Cleveland - Zoocasa
Brand: RE/MAX Crossroads Properties
SKU: 5226255
Price: 185000 USD

House

For Sale

Listed price in listed location currency (USD).

$185,000

532

MLS® 5226255

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 2092 sqft

Garage Yes

Taxes $2,646

Days Active 104

Lot Size 0.0884 Acres

Approx. Age 1914

Avg. Price Per Sqft $88

MLS® Number 5226255

Property Address: 407 E 147th St, Cleveland, OH, 44110-1811

Average square foot calculated using Size range provided by listing agent.

Description

407 East 147th Street in Cleveland presents a fully occupied, income producing multifamily opportunity with a solid blend of updates and steady cash flow. This three unit property includes two 2 bedroom, 1 bathroom units, currently rented at $850 and $950 per month, along with a 1 bedroom, 1 bathroom unit leased at $545 per month. With all units occupied, the property offers immediate and consistent rental income from day one. Each unit has been thoughtfully refreshed, with Units 1 and 2 updated in 2023 featuring improvements to paint, flooring, kitchens, and bathrooms, creating clean, comfortable living spaces that appeal to tenants. The third unit was also updated in 2023, including a bathroom refresh, kitchen installation, new flooring, and paint, giving it a cohesive and move in ready feel. Newer hot water tanks installed in 2024 add to the overall reliability of the property. The detached 2 car garage provides added value and convenience, while the overall layout offers functional, easy to maintain living spaces across all units. With a strong rental lineup, recent updates, and consistent occupancy, this property offers a well rounded opportunity for investors seeking both stability and long term upside in a convenient Cleveland location.

MLS® Number5226255

Laundry LevelLower

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1914

BasementFull, Unfinished

DrivewayConcrete, Detached, Garage

Garage Spaces

HeatForced Air, Gas

A/CNone

Extras

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $103,000 and $226,000.

Similar properties in this area sold on average for: $103,125

Expected to sell very soon! Similar properties sold in 43 days. This home has been on Zoocasa for 104 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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