Updated Multifamily Property in Cleveland

407 E 147th Street, Cleveland, OH 44110

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For Sale

Under Contract

$195,000

MULTI_FAMILY - Cleveland, OH

Property size:

2,092 SF

Lot size:

0.09 Acres

Price / SF:

$93/SF

HighLights

Fully occupied 3‑unit multifamily at 407 E 147th St, Cleveland
Unit mix: two 2 bed/1 bath units and one 1 bed/1 bath unit
Current rents: $850/month and $950/month for the 2 bed units; $545/month for the 1 bed unit
Updates completed in 2023 include refreshed paint, flooring, and kitchens/bathrooms across all units
Hot water tanks installed in 2024
Detached 2‑car garage; forced‑air natural gas heating; public water and public sewer

We can help!

Listing Contact

Anthony R Latina

For Sale

Under Contract

$195,000

MULTI_FAMILY - Cleveland, OH

Property size:

2,092 SF

Lot size:

0.09 Acres

Price / SF:

$93/SF

Added:: Apr 28, 2026
Days on Market:: 51
Last Refresh:: Jun 17 at 7:06 am

Property Features for 407 E 147th Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 5
Bathrooms: 3
Rooms: Basement, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Laundry Room, Bathroom 3, Bedroom 2
Parking features: Garage
Exterior features: Balcony
Appliances: Range, Refrigerator
Standard status: Active Under Contract
APN: 112-20-073
Size: 2,092 SF
Lot size: 0.09 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: 16 WHITEPRO SP 129.92 S OF KEYES 0003
Tax Annual Amount: 2646

Utilities

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

Building Details

Year built: 1914
Floors in Building: 3
Building materials: VinylSiding
Roof type: Asphalt, Fiberglass

We can help!

Listing Contact

Anthony R Latina

Listing agent Anthony R Latina License #2016003431

Listing office RE/MAX Crossroads Properties 1100 Linda Street, Strongsville, OH

Listing date Apr 28, 2026

MLS# 5203684 Listing URL

HighLights

Fully occupied 3‑unit multifamily at 407 E 147th St, Cleveland
Unit mix: two 2 bed/1 bath units and one 1 bed/1 bath unit
Current rents: $850/month and $950/month for the 2 bed units; $545/month for the 1 bed unit
Updates completed in 2023 include refreshed paint, flooring, and kitchens/bathrooms across all units
Hot water tanks installed in 2024
Detached 2‑car garage; forced‑air natural gas heating; public water and public sewer

Overview

The property at 407 East 147th Street in Cleveland is a fully occupied, income-producing multifamily property. It features three units: two 2-bedroom, 1-bathroom units, rented at $850 and $950 per month, and one 1-bedroom, 1-bathroom unit leased at $545 per month. The property provides immediate and consistent rental income. Units 1 and 2 were updated in 2023 with improvements to paint, flooring, kitchens, and bathrooms. The third unit was also updated in 2023, including a bathroom refresh, kitchen installation, new flooring, and paint. Newer hot water tanks were installed in 2024. A detached 2-car garage adds value and convenience. The property offers functional, easy-to-maintain living spaces across all units. The property size is 2092 square feet and the lot size is 0.0884 acres.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Cleveland
County: Cuyahoga
State: Ohio
Longitude: -81.579236
Latitude: 41.571327

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For sale
Triplexes
OH
Cleveland
44110
407 E 147th Street

What type of property is this?

Triplex - Fully occupied triplex with recent updates and steady cash flow.

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 $195,000.

What are key features of this property?

This property features: Fully occupied 3‑unit multifamily at 407 E 147th St, Cleveland; Unit mix: two 2 bed/1 bath units and one 1 bed/1 bath unit; Current rents: $850/month and $950/month for the 2 bed units; $545/month for the 1 bed unit

407 E 147th Street, Cleveland, OH 44110

MULTI_FAMILY - Cleveland, OH

Property Features for 407 E 147th Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Office Building

Turnkey Retail Building in Cleveland

Asian Town Mixed-Use Assemblage

Renovated Three-Unit Multifamily

Remodeled Six-Plex on Dead-End Street

Daycare Facility in Cleveland, OH

Mixed-Use Office and Residential Property

Turnkey Bar and Restaurant with Banquet Hall

Retail Store with Brick Front

Turnkey Triplex in South Collinwood

Turnkey Entertainment Venue Opportunity

Spacious Cleveland Duplex Investment Opportunity

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