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Updated Triplex with Detached Garage
For Sale
$185,000

407 E 147th Street, Cleveland, OH 44110

Fully occupied multifamily property with refreshed interiors, a varied unit mix, and a detached two-car garage.

Property Size2,092 SF
Days on Market46

Property Features for 407 E 147th Street

General Information

Standard status Active
Size 2,092 SF
Total Parking Spaces 2
Property subtype Residential Income
Occupancy 100%

Units

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

Taxes and HOA fees

Annual Taxes $2,646

Building Details

Building Size 2,092 SF
Year Built 1914
Buildings 1
Listing Agency: RE/MAX Crossroads Properties
Listed By: Anthony R Latina · License #2016003431
Source: Carolgoffrealestate
Added: Jul 16 Changed: Aug 28 Last Checked: Aug 29 at 10:20AM

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 RE/MAX Crossroads Properties

Investment Insights

Based on property information with market context.

This Cleveland triplex contains two 2-bedroom, 1-bathroom residences and one 1-bedroom, 1-bathroom residence. All three units are occupied, providing an established rental configuration. Units 1 and 2 received updates in 2023, including paint, flooring, kitchen improvements, and bathroom work. The third unit was also updated in 2023 with a refreshed bathroom, newly installed kitchen, new flooring, and paint.

A detached 2-car garage serves the property, while newer hot water tanks installed in 2024 add to the building’s updated infrastructure. Constructed in 1914, the multifamily property is located at 407 E 147th Street in Cleveland, Ohio.

Key Highlights

  • Three‑unit property with two 2‑bedroom, 1‑bathroom units and one 1‑bedroom, 1‑bathroom unit
  • All units occupied
  • Units 1 and 2 updated in 2023 with paint, flooring, kitchen, and bathroom improvements

Property Analytics

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
100%
Occupancy

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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Fully occupied multifamily property with refreshed interiors, a varied unit mix, and a detached two-car garage.
Where is this triplex located?
The property is located at 407 E 147th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Three‑unit property with two 2‑bedroom, 1‑bathroom units and one 1‑bedroom, 1‑bathroom unit; All units occupied; Units 1 and 2 updated in 2023 with paint, flooring, kitchen, and bathroom improvements
More about this property
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