Property Description
This newly updated duplex is a fantastic opportunity for investors looking for a vacant, rent-ready property with strong income potential in Cleveland! The lower unit has 2 bedrooms and 1 full bathroom, meanwhile the upper unit has 3 bedrooms and 1 full bathroom. Each unit features a functional layout with a spacious living room, a practical kitchen, and an adjoining dining area. The shared basement provides additional storage space and potential for future value-add improvements.
With both units currently vacant, the new owner has the flexibility to place their own tenants, establish new lease terms, and begin building rental income right away. Each unit has an estimated market rent of approximately $1,000 per month, providing a potential combined gross rental income of $2,000 per month once fully occupied.
Conveniently located in Cleveland with easy access to I-90 and just minutes from Humphrey Park, the property is well positioned near major roadways, public transportation, shopping, schools, parks, restaurants, and other everyday amenities.
Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!
Whether you're looking to expand an existing rental portfolio or secure your next income-producing property, 477 E 148th St offers an excellent combination of recent updates, vacancy, rental potential, and convenient location! Schedule your showing today!
No wholesalers. No Seller financing. No low ball offers.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 10
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,012 / year
Year Built: 1920
Feature Descriptions
Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 112-21-072
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
477 E 148th Street | MLS# 5239597
This multi-family property located at 477 E 148th Street, Cleveland, OH 44110 is currently listed for sale with an asking price of $135,000. E 148th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.