1522 E 47th ST, Cleveland, OH 44103
1522 E 47th ST, Cleveland, OH 44103
1522 E 47th ST, Cleveland, OH 44103
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$134,900
Est. payment /mo
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5 Beds
3 Baths
5,584 Sqft Lot
New

1522 E 47th ST Cleveland, OH 44103

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Emily Shortall

Emily Shortall

+1(740) 994-5131

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Alexander Mcintoshs

MLS Listing ID 5232672

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1900

Annual Tax Amount $712

Tax Year 2025

Lot Size 5,584 Sqft

Acres 0.1282

Property Sub-Type Triplex

Stories Two

Story Two

Property Description

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 long-term investment potential. Don't miss your chance to own a cash-flowing asset with immediate value-add through leasing the vacant units.

Location

State OH

County Cuyahoga

Rooms

Basement Common Basement, Crawl Space

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Detached, Garage

Garage Spaces 3.0

Garage Description 3.0

Water Access Desc Public

Roof Type Asbestos Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 104-24-046

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Michael T Arko • Keller Williams Greater Metropolitan • mikearko@kw.com, 440-520-4270

NEARBY SCHOOL & BUSINESS

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Emily Shortall

Emily Shortall

Broker Associate, Agent | OH & WV | License ID: 2015000549,WV0029886

+1(740) 994-5131

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