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4392 W 47th Street Cleveland, OH 44144

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New
For Sale
$195,000

MULTI_FAMILY - Cleveland, OH

Lot size:
0.10 Acres
Added:
Apr 4, 2026
Days on Market:
3
Last Refresh:
Apr 6 at 12:06 pm

Property Features for 4392 W 47th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 4, Basement, Bedroom 1
Parking features
Garage
Fencing
Privacy
Standard status
Active
APN
013-28-103
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2926

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1924
Floors in Building
2
Building materials
VinylSiding
Roof type
Asphalt, Fiberglass

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Listing Contact
Jesse R Kracht
Jesse R Kracht

Listing agent Jesse R Kracht License #2010001088

Listing office Russell Real Estate Services 12198 Pearl Road, Strongsville, OH

Listing date Apr 4, 2026

MLS# 5198879

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Cleveland Multifamily Investment Opportunity

This is a fully occupied, well-maintained 7-property multifamily portfolio located on the west side of Cleveland. The portfolio generates $14,379 per month ($172,548 per year) in rent, with a net operating income of $124,791.60 annually and a 9.22% cap rate. The properties can be sold together for $1,354,000 or in smaller packages. Available packages include: 1299 W. 89th St. and 3441 W. 95th St. and 3069 W 105th St. for $580,000; 3340 W. 98th St. and 3282 W. 94th St. for $380,000; and 4392 W. 47th St. and 3896 W. 21st St. for $394,000. The property at 4392 W 47th Street is located in Cleveland, OH 44144, Cuyahoga County. The lot size is 0.1012 acres. The sellers may consider other bundled options. Financials, rent roll, and individual property details/pictures are available upon request.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.718188
Latitude
41.436873

FAQs

What type of property is this?
Multifamily property - Fully occupied, well-maintained multifamily portfolio with high cash flow.
Where is this multifamily property located?
The property is located at 4392 W 47th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: High 9.22% Cap Rate: Indicates strong potential for return on investment.; Fully Occupied Portfolio: Ensures immediate and consistent cash flow.; Substantial Net Operating Income: Generates $124,791.60 annually.
More about this property
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