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Renovated Three-Unit Triplex
New
For Sale
$220,000
Pending

3020 W 47th Street, Cleveland, OH 44102

Each residence has a two-bedroom, one-bath layout, with separate furnaces and hot-water tanks serving the units.

Property Size2,224 SF
Days on Market5

Property Features for 3020 W 47th Street

General Information

Standard status Pending
Size 2,224 SF
Property subtype Residential Income

Site & Location

Neighborhood Clark-Fulton

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $766

Amenities

Full,Unfinished
true
3
6
false
2224
Assessor
Public
0.1148
Driveway,Detached,Garage
1

Building Details

Building Size 2,224 SF
Year Built 1900
Buildings 1
Stories 2
Listing Agency: Key Realty
Listed By: Karen Ullom
Source: Karenullomrealty
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 3:30PM

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 Key Realty

Rey
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Investment Insights

Based on property information with market context.

This 2,224-square-foot triplex contains three residences, each with two bedrooms and one bathroom. Interior improvements include new LVP flooring, kitchen tile, and updated bathroom fixtures, vanities, and finishes. The building also has a new roof and gutters, painted siding, and vinyl windows. Three furnaces, three hot-water tanks, and three electrical boxes are located in the basement.

The property is at 3020 W 47th Street in Cleveland. One unit is occupied under an annual lease; the other two have been renovated and are ready for occupancy. The parcel measures 0.1148 acres, and the building dates to 1900.

Key Highlights

  • Three units, each with 2 bedrooms and 1 bathroom
  • 2,224‑square‑foot building on a 0.1148‑acre parcel
  • Three furnaces, three hot‑water tanks, and three electrical boxes

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby

Demographics for 44102, OH

43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
Median Home Value
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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 - Each residence has a two-bedroom, one-bath layout, with separate furnaces and hot-water tanks serving the units.
Where is this triplex located?
The property is located at 3020 W 47th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; 2,224‑square‑foot building on a 0.1148‑acre parcel; Three furnaces, three hot‑water tanks, and three electrical boxes
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