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Updated 3-Unit Income Property

407 E 147th Street Cleveland, OH 44110

New
407 E 147th Street, Cleveland, OH, 44110
$185,000
For Sale
Claim this Listing
$185,000

MULTI_FAMILY - Cleveland, OH

Property Size2,092 SF
Lot Size0.09 Acres
Price / SF$88.43
AddedJul 16
Days on Market1
Last RefreshJul 16 at 2:06 pm

Property Features for 407 E 147th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Basement, Bedroom 3, Laundry Room, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
Parking features
Garage
Exterior features
Balcony
Appliances
Range, Refrigerator
Standard status
Active
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

Listing agent Anthony R Latina License #2016003431

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

Listing date Jul 16, 2026

MLS# 5226255 Listing URL

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This three-unit multifamily property is fully occupied and designed for straightforward, low-maintenance living across separate units. The mix includes two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Units 1 and 2 received updates in 2023, including improvements to paint, flooring, kitchens, and bathrooms. The third unit was also updated in 2023 with a bathroom refresh, kitchen installation, new flooring, and paint. In addition, newer hot water tanks were installed in 2024 to support day-to-day reliability.

A detached 2-car garage adds practical on-site convenience. The property is located at 407 E 147th Street in Cleveland, OH 44110, within Cuyahoga County.

Key Highlights

  • Three‑unit multifamily on 407 East 147th Street, fully occupied for consistent rental income
  • Unit mix: two 2 bed/1 bath units plus one 1 bed/1 bath unit; rents are $850, $950, and $545 per month
  • Updates include 2023 improvements to Units 1 and 2 (paint, flooring, kitchens, and bathrooms) and a 2023 refresh to Unit 3 (bathroom refresh, kitchen installation, flooring, and paint)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Cafe & Coffee Shop Locksmith Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three fully occupied units with 2023 interior updates and 2024 hot water tanks, plus a detached 2-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 multifamily on 407 East 147th Street, fully occupied for consistent rental income; Unit mix: two 2 bed/1 bath units plus one 1 bed/1 bath unit; rents are $850, $950, and $545 per month; Updates include 2023 improvements to Units 1 and 2 (paint, flooring, kitchens, and bathrooms) and a 2023 refresh to Unit 3 (bathroom refresh, kitchen installation, flooring, and paint)
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