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Triplex with Two Vacant One-Bedroom Units
For Sale
$134,900

1522 E 47th Street, Cleveland, OH 44103

Three apartments include two vacant one-bedroom, one-bathroom units and a leased first-floor residence.

Property SizeContact for details
Days on Market90

Property Features for 1522 E 47th Street

General Information

Standard status Active
Property subtype Triplex

Site & Location

Neighborhood Goodrich Kirtland
Highway Access Yes

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $712

Building Details

Year Built 1900
Buildings 1
Listing Agency: Life Stages Realty LLC
Listed By: Nicolette Kuebeler · License #2022002552
Source: Lifestagesrealty
Added: Jul 31 Changed: Oct 26 Last Checked: Oct 26 at 3:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Life Stages Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This 1900-built triplex contains three apartments. The first-floor residence is leased on a month-to-month basis, while the other two units each have one bedroom and one bathroom. All three units are described as ready for occupancy.

The property is in Cleveland, near Downtown Cleveland, University Circle, the Cleveland Clinic, and major highways.

Key Highlights

  • Three‑unit residential property built in 1900
  • Two vacant apartments, each with one bedroom and one bathroom
  • First‑floor apartment leased month‑to‑month

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,179
Businesses Nearby

Demographics for 44103, OH

14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments include two vacant one-bedroom, one-bathroom units and a leased first-floor residence.
Where is this triplex located?
The property is located at 1522 E 47th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Three‑unit residential property built in 1900; Two vacant apartments, each with one bedroom and one bathroom; First‑floor apartment leased month‑to‑month
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