About This Home

This 5-bedroom, 2-bathroom multi-family at 477 E 148th Street in Cleveland, OH is listed for $135,000 ($69 per sqft). Built in 1920, the home offers 1,960 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1920
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
2 full
1920
Listing Description

This newly updated duplex is a fantastic opportunity for investors looking for a vacant, rent-ready property with strong income potential in Cleveland! The lower unit has 2 bedrooms and 1 full bathroom, meanwhile the upper unit has 3 bedrooms and 1 full bathroom.

Each unit features a functional layout with a spacious living room, a practical kitchen, and an adjoining dining area. The shared basement provides additional storage space and potential for future value-add improvements. With both units currently vacant, the new owner has the flexibility to place their own tenants, establish new lease terms, and begin building rental income right away.

Each unit has an estimated market rent of approximately $1,000 per month, providing a potential combined gross rental income of $2,000 per month once fully occupied. Conveniently located in Cleveland with easy access to I-90 and just minutes from Humphrey Park, the property is well positioned near major roadways, public transportation, shopping, schools, parks, restaurants, and other everyday amenities.

Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're looking to expand an existing rental portfolio or secure your next income-producing property, 477 E 148th St offers an excellent combination of recent updates, vacancy, rental potential, and convenient location! Schedule your showing today! No wholesalers. No Seller financing. No low ball offers.

Monthly Cost Estimate

$722/mo

20% down · 6.5% · 30 years

Principal$98
Interest$585
Insurance$39

Estimates only. Actual payments may vary.

Location

477 E 148th Street

Cleveland, OH 44110

Lake Shore Blvd Sub

Property Details

Construction

AluminumSiding VinylSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 5-bedroom, 2-bathroom multi-family at 477 E 148th Street is listed at $135,000 ($69/sqft). The estimated monthly payment is $722 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.09 acre lot, 2 stories.

This property is listed by Michael Azzam.

MA

Michael Azzam

License 2014004734

Agent at RE/MAX Haven Realty

Listed by RE/MAX Haven Realty · Broker phone: (216) 332-0456 · View on Broker Site · Broker website

MLS# 5239597· Source: MLS Now· 65 days on PropertySimple

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.

477 E 148th Street, Cleveland, OH 44110

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