Vision Sales Team

3283 W 48th Street

Cleveland, OH 44102

MLS#: 5230008

$143,900

Status: Active
Listing number: 5230008
Listing provided by: Russell Real Estate Services
Listing agent phone: None
Last update: a month ago
On site: 2 months ago
Browse Properties
Diodate Clark - Residential Income

Property

Beds

6

Full Baths

3

1/2 Baths

None

Year Built

1910

Sq.Footage

1,852

Investment opportunity with immediate cash flow! This fully occupied income-producing property is currently configured as a triplex (zoned as a duplex) with all three units occupied and generating consistent rental income. Unit 1 rents for $525/month on a month-to-month lease. Unit 2 rents for $810/month on a lease ending July 31, 2026, and will transition to month-to-month thereafter. Unit 3 rents for $800/month on a lease ending August 31, 2026, with the tenant planning to vacate at lease expiration, offering an opportunity to increase rents or occupy the unit. Owner pays water and sewer, tenants pay all other utilities. Conveniently located near shopping, restaurants, parks, and major commuter routes, this property offers strong cash flow today with future upside through rental increases and lease turnover. Do not disturb tenants. No showings until accepted offer.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    3

  • Above Grade Finished Area

    1852.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Vinyl Siding

  • Parking

    Paved

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1171

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $143,900

  • Tax Amount

    $2,703

  • Sq. Footage

    1,852

  • Price/SqFt

    $77

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    Cleveland Municipal - 1809

  • High School

    Cleveland Municipal - 1809

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

Cleveland Municipal - 1809

High School

Cleveland Municipal - 1809

Listing Courtesy of Tal Tamir, Russell Real Estate Services

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Agent Carla Ponikvar

Agent / Realtor®

Carla Ponikvar

Call Carla today to schedule a private showing.

(330) 760-3338

CarlaP@visionsalesteam.com


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Investment opportunity with immediate cash flow! This fully occupied income-producing property is currently configured as a triplex (zoned as a duplex) with all three units occupied and generating consistent rental income. Unit 1 rents for $525/month on a month-to-month lease. Unit 2 rents for $810/month on a lease ending July 31, 2026, and will transition to month-to-month thereafter. Unit 3 rents for $800/month on a lease ending August 31, 2026, with the tenant planning to vacate at lease expiration, offering an opportunity to increase rents or occupy the unit. Owner pays water and sewer, tenants pay all other utilities. Conveniently located near shopping, restaurants, parks, and major commuter routes, this property offers strong cash flow today with future upside through rental increases and lease turnover. Do not disturb tenants. No showings until accepted offer.

3283 W 48th Street

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