3283 W 48th Street
Cleveland, OH 44102
6
Bed
3
Bath
1,852Sqft
0.12Acre(Lot)
Investment opportunity with immediate cash flow! This fully occupied income-producing property is currently configured as a triplex (zoned as a duplex) with all three units occupied and generating consistent rental income. Unit 1 rents for $525/month on a month-to-month lease. Unit 2 rents for $810/month on a lease ending July 31, 2026, and will transition to month-to-month thereafter. Unit 3 rents for $800/month on a lease ending August 31, 2026, with the tenant planning to vacate at lease expiration, offering an opportunity to increase rents or occupy the unit. Owner pays water and sewer, tenants pay all other utilities. Conveniently located near shopping, restaurants, parks, and major commuter routes, this property offers strong cash flow today with future upside through rental increase
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 10 Has Basement: Yes Basement: Unfinished -
Roofing Information
Asphalt, Fiberglass -
Interior Features
Roof: Asphalt, Fiberglass Laundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None
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Building Information
Year Built: 1910 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.1171 Acres Lot Size Acres: 0.1171 Lot Size Source: AssessorProperty Information
Subdivision: Diodate Clark Source Property Type: Residential Income Property SubType: Triplex Levels: Two Property Age: 116
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Listing Price Information
Listing Price: $144900
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Tax Information
Parcel Number: 016-12-061 Tax Year: 2025 Annual Tax: $2703 Tax Legal Desc: 47 CLARK 0078 WP
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Parking Information
PavedGarage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: Cleveland W 48th WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3469 W 45th Street, Cleveland, OH, 44102 | $260,000 | 6 | 2 | 2,193 | 2,193 SqFt |
| 3353 W 46th Street, Cleveland, OH, 44102 | $63,900 | 2 | 2 | 1,064 | 1,064 SqFt |
| 3304 W 46th Street, Cleveland, OH, 44102 | $136,000 | 3 | 2 | -- | |
| 2051-2053 W 45th Street, Cleveland, OH, 44102 | $449,900 | 8 | 3 | 3,180 | 3,180 SqFt |
| 3404 W 49th Street, Cleveland, OH, 44102 | $230,000 | 6 | 2 | 2,988 | 2,988 SqFt |
| 3020 W 47th Street, Cleveland, OH, 44102 | $230,000 | 6 | 3 | 2,224 | 2,224 SqFt |
| 3152 W 48th Street, Cleveland, OH, 44102 | $130,000 | 5 | 3 | -- | |
| 3618 W 49th Street, Cleveland, OH, 44102 | $124,000 | 4 | 2 | 2,312 | 2,312 SqFt |
| 4809 Fenwick Avenue, Cleveland, OH, 44102 | $154,900 | 7 | 3 | 1,160 | 1,160 SqFt |
| 1960 W 48 Street, Cleveland, OH, 44102 | $214,900 | 4 | 2 | 1,718 | 1,718 SqFt |
Similar Multifamily To 3283 W 48th Street
Nearby For Sale
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 08/07/2026 @ 08:07
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