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Five-Bedroom Triplex
For Sale
$99,900

406 E 148th St, Cleveland, OH 44110

Three-unit residential income property requiring renovation and offering a multifamily layout in Cleveland.

Property Size2,472 SF
Price / SF$40.41
Days on Market24

Property Features for 406 E 148th St

General Information

Standard status Active
Size 2,472 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence needs some TLC

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,432
Listing Agency: McDowell Homes Real Estate Services
Listed By: Marcus Ezzone · License #2020007163
Source: Exprealty
Added: Sep 8 Changed: Sep 19 Last Checked: Sep 30 at 3:32PM

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 McDowell Homes Real Estate Services

Investment Insights

Based on property information with market context.

This 2472-square-foot triplex contains five bedrooms and requires renovation work. The multifamily configuration provides a residential income property with multiple units under one ownership, subject to completed improvements and applicable requirements.

The property is located at 406 E 148th St in Cleveland, OH, near Collinwood. Its existing triplex layout and bedroom count provide a defined starting point for a renovation and leasing plan.

Key Highlights

  • Triplex configuration with 5 bedrooms
  • 2472 square feet
  • Renovation work needed

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby

Demographics for 44110, OH

17,617
Population
11,140
Households
1.6
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
4.1 sq mi
ZIP Area
4,297
Density / Sq Mi
$30,973
Median Household Income
$28,263
Median Earnings
$821
Median Rent
$62,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential income property requiring renovation and offering a multifamily layout in Cleveland.
Where is this triplex located?
The property is located at 406 E 148th St Cleveland, OH.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Triplex configuration with 5 bedrooms; 2472 square feet; Renovation work needed
More about this property
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