Ad #7593191
MLS #5226255
407 East 147th Street in Cleveland presents a fully occupied
407 E 147th St, Cleveland, Ohio, 44110
$185,000
5Beds
3Baths
2,092Sqft
0.088Acres
About this property
407 East 147th Street in Cleveland presents a fully occupied, income producing multifamily opportunity with a solid blend of updates and steady cash flow. This three unit property includes two 2 bedroom, 1 bathroom units, currently rented at $850 and $950 per month, along with a 1 bedroom, 1 bathroom unit leased at $545 per month. With all units occupied, the property offers immediate and consistent rental income from day one. Each unit has been thoughtfully refreshed, with Units 1 and 2 updated in 2023 featuring improvements to paint, flooring, kitchens, and bathrooms, creating clean, comfortable living spaces that appeal to tenants. The third unit was also updated in 2023, including a bathroom refresh, kitchen installation, new flooring, and paint, giving it a cohesive and move in ready feel. Newer hot water tanks installed in 2024 add to the overall reliability of the property. The detached 2 car garage provides added value and convenience, while the overall layout offers functional, easy to maintain living spaces across all units. With a strong rental lineup, recent updates, and consistent occupancy, this property offers a well rounded opportunity for investors seeking both stability and long term upside in a convenient Cleveland location.
Property Features
5 Beds
3 Baths
2,092 Sqft
Built in 1914
0.088 Acres
3 Stories
Lake Erie - Cuyahoga County
Garage
Siding: VinylSiding
Asphalt, Fiberglass Roof
Natural Gas, Forced Air
$2,646 / yr property tax
Cuyahoga County
White Community
Additional Photos
Contact Information
Anthony R Latina
RE/MAX Crossroads
440-465-5611
Location
Listing Agent: Anthony R Latina (License #: 2016003431) 440-465-5611
Broker: RE/MAX Crossroads 800-887-7444 Listing Site
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.
Broker: RE/MAX Crossroads 800-887-7444 Listing Site
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.
LakeHouse.com
Printed Jul 16, 2026
Photo Gallery
$185,000
5
Beds
3
Baths
2,092
Sqft
407 E 147th St, Cleveland, Ohio, 44110
By contacting this agent you agree to these Terms and Conditions.
MLS# 5226255
407 East 147th Street in Cleveland presents a fully occupied
$185,000
407 E 147th St, Cleveland, Ohio, 44110
5
Beds
3
Baths
2,092
Sqft
0.088
Acres
$185,000
407 E 147th St, Cleveland, Ohio, 44110
5 Beds
3 Baths
2,092 Sqft
0.088 Acres
407 East 147th Street in Cleveland presents a fully occupied, income producing multifamily opportunity with a solid blend of updates and steady cash flow. This three unit property includes two 2 bedroom, 1 bathroom units, currently rented at $850 and $950 per month, along with a 1 bedroom, 1 bathroom unit leased at $545 per month. With all units occupied, the property offers immediate and consistent rental income from day one. Each unit has been thoughtfully refreshed, with Units 1 and 2 updated in 2023 featuring improvements to paint, flooring, kitchens, and bathrooms, creating clean, comfortable living spaces that appeal to tenants. The third unit was also updated in 2023, including a bathroom refresh, kitchen installation, new flooring, and paint, giving it a cohesive and move in ready feel. Newer hot water tanks installed in 2024 add to the overall reliability of the property. The detached 2 car garage provides added value and convenience, while the overall layout offers functional, easy to maintain living spaces across all units. With a strong rental lineup, recent updates, and consistent occupancy, this property offers a well rounded opportunity for investors seeking both stability and long term upside in a convenient Cleveland location.
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Property Details
HOME DETAILS
5 Beds
3 Baths
2,092 Sqft
Built in 1914
0.088 Acres
3 Stories
WATER & VIEW
Lake Erie - Cuyahoga County
EXTERIOR
Garage
Siding: VinylSiding
Asphalt, Fiberglass Roof
INTERIOR
Natural Gas, Forced Air
FINANCIAL & COMMUNITY
$2,646 / yr property tax
Cuyahoga County
White Community
See More Details
Location
Mortgage Calculator
About Lake Erie - Cuyahoga County
Looking for lakefront homes for sale on Lake Erie - Cuyahoga County? Find waterfront real estate here. Nearby cities include Rocky River, Cleveland, Bratenahl, Lakewood, Euclid, Bay Village, Struthers, Cleveland, Euclid and Lakewood. Lake Erie - Cuyahoga County is located in Cuyahoga, and Cuyaho counties. Discover the best lake front listings - properties, land, and acreage to build your dream lake house, cottage or cabin on. Search for a lake real estate agent who specializes in Lake Erie - Cuyahoga County property to help you buy or sell a home.
Ad Statistics
Ad Number
7593191
Viewed
1 time
Listing Status
Active
Added
Jul 16, 2026
Last Refresh
Jul 16, 2026 06:43:39 PM
Listing Information
Data Source
MLS Now
Source Property ID
5226255
Listing Agent: Anthony R Latina (License #: 2016003431) 440-465-5611
Broker: RE/MAX Crossroads 800-887-7444 Listing Site
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.
Broker: RE/MAX Crossroads 800-887-7444 Listing Site
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.
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