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Property Description

Completely remodeled 3-unit in 44103 has been grossing $3,500/month or $42,000/year! This property EASILY beats the 1% Rule and 10-Cap benchmark. Everything is new, from the roof, siding, vinyl windows, and new concrete parking pads and driveway to all of the mechanicals and interior finishes. There are two 2-bedroom, 1-bath down units, each generating $1K per month. The entire second floor is a 3-bedroom unit with 2 FULL bathrooms and a covered porch. The 3-bedroom unit is currently vacant and listed for rent for $1500, which is what the previous tenant paid. All three kitchens have new cabinets with granite counters and newer stainless steel appliances including fridge/freezer, range, dishwasher and microwave. Each of the three units has Central AC and in unit washers and dryers. Owners pay all utilities and charge tenants a flat monthly fee. Total utility fees were generating $310/month when fully occupied. This will likely increase based on number of occupants who move into Unit 2. LEAD CERTIFICATE valid through April 2027

Features
: Forced Air
: Central Air
: Driveway, Parking Pad
: Dishwasher, Refrigerator, Dryer, Microwave, Range, Washer, Freezer
Address Map
OH
Cuyahoga
Cleveland
44103
47th
1615
Street
W82° 20' 42.9''
N41° 30' 47''
E
Property Details
Active
Premier Heights Realty LLC
Sophie Boehlen
2020001069
20560
104-25-069
: Asphalt, Fiberglass
: Public Sewer
2
2
: Vinyl Siding
: Public
$925
12/09/2025 22:56:30
No
No
No
No
School Info
Immaculate Conception School Rating
Immaculate Conception School
(216) 361-1883
4129 Superior Ave
0.34102650776095 Miles
Grade: KG,1,2,3,4,5,6,7,8
Type: private
East Preparatory Academy Rating
East Preparatory Academy
(216) 539-0595
4129 Superior Avenue
0.34445151428536 Miles
Grade: KG,1,2,3,4,5,6,7,8
Type: charter
University of Cleveland Prep Rating
University of Cleveland Prep
(216) 361-9720
1906 East 40th Street
0.54513294891073 Miles
Grade: KG,1,2,3,4,5,6,7,8
Type: charter
Ohio Connections Academy, Inc Rating
Ohio Connections Academy, Inc
(513) 234-4900
3615 Superior Avenue
0.55293387351337 Miles
Grade: KG,1,2,3,4,5,6,7,8,9,10,11,12
Type: charter
Cleveland Entrepreneurship Preparatory School Rating
Cleveland Entrepreneurship Preparatory School
(216) 456-2080
1417 East 36th Street
0.61050887320268 Miles
Grade: 5,6,7,8
Type: charter
Village Preparatory School Rating
Village Preparatory School
(216) 456-2070
1417 East 36th Street
0.61050887320268 Miles
Grade: KG,1,2,3,4,5,6,7,8
Type: charter
Design Lab @ Jane Addams Rating
Design Lab @ Jane Addams
(216) 838-8150
1740 East 32nd Street
0.7106351672114 Miles
Grade: 9,11,12
Type: public
Cleveland Academy For Scholarship Technology And L Rating
Cleveland Academy For Scholarship Technology And L
(216) 583-5210
3950 Prospect Avenue East
0.78867604111002 Miles
Grade: 9,10,11,12
Type: charter
St Martin De Porres High School Rating
St Martin De Porres High School
(216) 881-1684
6202 Saint Clair Avenue
0.83011644525085 Miles
Grade: 9,10,11,12
Type: private
Life Skills High School Of Cleveland Rating
Life Skills High School Of Cleveland
(216) 431-7571
4600 Carnegie Avenue
0.83561789304932 Miles
Grade: 9,10,11,12
Type: charter

1615 E 47th Street, Cleveland, Ohio 44103

Residential Income For Sale

4 Bathrooms
2,159 Sqft
$269,900
Listing ID #5156339
Basic Details
Property Type : Residential Income
Property Sub Type : Triplex
Levels : Two
Listing Type : For Sale
Listing ID : 5156339
Price : $269,900
Rooms : 11
Bathrooms : 4
Square Footage : 2,159 Sqft
Year Built : 1880
Lot Area : 0.10 Sqft
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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