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1522 E 47th Street, Cleveland, OH 44103

$134,900
  • 1522 E 47th Street, Cleveland, OH 44103 Main Photo
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New to the Market Active
BEDS5 BATHS3 full MLS#5232672
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONAlexander Mcintoshs SCHOOLCleveland Municipal - 1809

Property Description

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 returns 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.

1522 E 47th Street | MLS# 5232672

This multi-family property located at 1522 E 47th Street, Cleveland, OH 44103 is currently listed for sale with an asking price of $134,900. E 47th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on simonashbaugh.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Common Basement, Crawl Space
Basement: Yes
Cooling: None
Garage: 3
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Asbestos Shingle
Stories: 2.0
Taxes: $712 / year
Year Built: 1900

Feature Descriptions

Days on Site: 4
Parcel#: 104-24-046
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: mikearko@kw.com, 440-520-4270

Shown By

Agent Name: Simon Ashbaugh
Agent Phone: (614) 502-3380
Agency Title: Key Realty

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Estimated Payment

$ 853.27 per month $754.59 Principal & Interest $59.33 Property Tax $39.35 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/04/2026. The listing information on this page last changed on 08/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 08/04/2026 12:07:14 AM EST) or MichRic (Michigan Regional Information Center) (last updated Mon 08/03/2026 11:17:37 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Mon 08/03/2026 11:34:29 PM EST) or MRED MLS (last updated Tue 08/04/2026 12:05:02 AM EST) or NIRA MLS (last updated Mon 08/03/2026 11:04:47 PM EST) or RealComp MLS (last updated Mon 08/03/2026 11:42:51 PM EST) or Dayton MLS (last updated Mon 08/03/2026 11:46:45 PM EST) or NORIS MLS (last updated Mon 08/03/2026 11:14:23 PM EST) or IRES MLS (last updated Tue 08/04/2026 12:02:29 AM EST) or Colorado Real Estate Network IDX (last updated Mon 08/03/2026 7:09:03 PM EST) or CBRMLS (last updated Tue 08/04/2026 12:04:36 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Mon 08/03/2026 11:53:30 PM EST) or Terrehaute MLS (last updated Tue 08/04/2026 12:06:26 AM EST) or elevate MLS (last updated Tue 08/04/2026 12:00:00 AM EST) or Stellar MLS (last updated Mon 08/03/2026 11:59:03 PM EST) or NKY MLS (last updated Mon 08/03/2026 11:28:27 PM EST) or Wrist MLS (last updated Mon 08/03/2026 11:24:16 PM EST) or Firelands MLS (last updated Mon 08/03/2026 11:11:23 PM EST) or LCAR MLS (last updated Mon 08/03/2026 10:50:13 AM EST) or West Central MLS (last updated Mon 08/03/2026 9:53:23 PM EST) or Fort Myers (last updated Mon 08/03/2026 11:04:34 PM EST) or Aspen/Glenwood Springs MLS (last updated Mon 08/03/2026 9:30:04 PM EST) or Northern Nevada Regional MLS (last updated Tue 08/04/2026 12:06:49 AM EST) or MLS NOW (last updated Tue 08/04/2026 12:02:33 AM EST) or Northern Great Lakes Association of Realtors (last updated Tue 08/04/2026 12:04:18 AM EST) or Mansfield MLS (last updated Mon 08/03/2026 11:47:25 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Tue 08/04/2026 12:06:31 AM EST) or Grand Junction MLS (last updated Mon 08/03/2026 11:37:16 PM EST) or Knox County MLS (last updated Mon 08/03/2026 11:08:21 PM EST) or IRMLS (last updated Mon 08/03/2026 11:12:40 PM EST) or Pueblo MLS (last updated Mon 08/03/2026 11:44:27 PM EST) or Upper Peninsula MLS (last updated Mon 08/03/2026 11:10:14 PM EST) or Greater Lansing MLS (last updated Mon 08/03/2026 10:38:10 PM EST) or SEBAR MLS (last updated Mon 08/03/2026 11:39:41 PM EST) or Water Wonderland MLS (last updated Mon 08/03/2026 10:52:52 PM EST) or Eastern Upper Peninsula MLS (last updated Mon 08/03/2026 11:59:38 PM EST) or Scioto Valley MLS (last updated Mon 08/03/2026 10:03:30 PM EST) or Northern Michigan MLS (last updated Mon 08/03/2026 9:34:38 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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