# 1522 E 47th Street, Cleveland, OH 44103

> **TL;DR:** 5bd/3ba multi-family, $134,900, built 1900. Est. $721/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $134,900 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Year Built | 1900 |
| Lot Size | 5,584 sqft (0.13 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Triplex) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $682 |
| Estimated Insurance | $39 |
| **Total** | **$721** |

## Property Highlights

- Built in 1900
- 0.13 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 1522 E 47th Street, Cleveland, OH 44103
- **County:** Cuyahoga
- **Neighborhood:** Alexander Mcintoshs
- **Coordinates:** 41.514929, -81.657222
- **Google Maps:** https://www.google.com/maps?q=41.514929,-81.657222

## Listing Agent

- **Name:** Michael T Arko
- **Brokerage:** Keller Williams Greater Metropolitan
- **Phone:** 4405204270

## Primary Photo

![1522 E 47th Street - Primary Photo](http://lh.rdcpix.com/872e5a140963f80847ff6e7563ac91ccl-f2745011246r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.ai/listing/1522-e-47th-street-cleveland-oh-44103-5232672)*

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**MLS#:** 5232672 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1522-e-47th-street-cleveland-oh-44103-5232672)

---

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