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1522 E 47th Street

Cleveland, OH 44103
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Bed 5

Bed

Bath 3

Bath

Acres0.13

Acre(Lot)

Turnkey investment opportunity in one of Cleveland's strongest rental markets! This fully rent-ready triplex offers immediate income with significant upside. The first-floor unit is currently leased at $1,000 per month on a month-to-month basis, providing instant cash flow while allowing the next owner flexibility to adjust rents or occupancy as desired. The two additional one-bedroom, one-bathroom units are vacant, move-in ready, and primed for immediate leasing, giving investors the opportunity to quickly increase monthly income. Whether you're looking to expand your rental portfolio or purchase your first multifamily investment, this is a true plug-and-play opportunity with minimal upfront work required. All three units are in rent-ready condition, allowing you to focus on maximizing re turns instead of renovations. Conveniently located near Downtown Cleveland, University Circle, the Cleveland Clinic, and major highways, this property benefits from strong rental demand and excellent long-term investment potential. Don't miss your chance to own a cash-flowing asset with immediate value-add through leasing the vacant units.

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Detail Ic Property Details

Property Type : Residential Income

Price : $134,900

AD Id : 88911068

MLS Id : 5232672

Beds : 5

Lot Size : 0.13 Acre

Tax Amount : $712

Year Built : 1900

Garage : 3

County : Cuyahoga

Subdivision: Jefferson Park

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 14 Has Basement: Yes Basement: Crawl Space
  • Roofing Information

    Asbestos Shingle
  • Interior Features

    Roof: Asbestos Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None

  • Building Information

    Year Built: 1900 Construction Materials: Other Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.1282 Acres Lot Size Acres: 0.1282 Lot Size Source: Public Records

    Property Information

    Subdivision: Alexander Mcintoshs Source Property Type: Residential Income Property SubType: Triplex Levels: Two Property Age: 126

  • Listing Price Information

    Listing Price: $134900

  • Tax Information

    Parcel Number: 104-24-046 Tax Year: 2025 Annual Tax: $712 Tax Legal Desc: 125&126 MCINTOSH 0079 ALL

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    Direction: E 47th St, north of St. Clair Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2216 E 82nd Street, Cleveland, OH, 44103 $200,000 5 2 1,620 0.09 Acre
2200 E 81st Street, Cleveland, OH, 44103 $184,900 6 2 2,698 0.09 Acre
1333 E 82nd Street, Cleveland, OH, 44103 $119,900 4 2 -- 0.13 Acre
1345 E 82nd Street, Cleveland, OH, 44103 $132,000 6 2 -- 0.13 Acre
8206 Crumb Avenue, Cleveland, OH, 44103 $120,000 4 2 -- 0.08 Acre
920 Wheelock Road, Cleveland, OH, 44103 $179,900 6 3 3,640 0.11 Acre
7705 Star Avenue, Cleveland, OH, 44103 $115,000 5 2 3,498 0.19 Acre
942 E 79th Street, Cleveland, OH, 44103 $100,000 4 2 1,926 0.10 Acre
7507 Lawnview Avenue, Cleveland, OH, 44103 $419,900 12 6 5,624 0.22 Acre
7609 Superior Avenue, Cleveland, OH, 44103 $399,000 10 4 4,098 0.10 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 09/21/2026 @ 19:22

MLS: 5232672 LISTED BY: Michael Arko, Keller Williams Greater Metropolitan 216-839-5500 SOURCE: MLS Now

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