6 Beds
3 Baths
1,852 sqft
$143,900
3283 W 48th Street, Cleveland OH, 44102
Price per sqft$77.70
Built in1910
Property size1,852 sqft
Property typeMulti-family
Overview
Active
Listed Jul 23, 2026
Updated Aug 25
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.
$957/mo
Est. mortgage payment based on a $143,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5230008
Interior Features
- Bedrooms
- 6
- Bathrooms
- 3
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.12 Acres
Other Property Details
- Taxes
- $2,703
- Tax Frequency
- Annually
- Garage
- Yes
Courtesy of Russell Real Estate Services
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Katherine Jennings shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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