Paula Leonardi Ducato
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3283 W 48th Street , Cleveland, OH 44102

$144,900
  • 3283 W 48th Street , Cleveland, OH 44102 Main Photo

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New to the Market Active
BEDS6 BATHS3 full SQUARE FEET1,852 MLS#5230008
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDiodate Clark SCHOOLCleveland Municipal - 1809

Property Description

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 | MLS# 5230008

This multi-family property located at 3283 W 48th Street , Cleveland, OH 44102 is currently listed for sale with an asking price of $144,900. W 48th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.theducatoteam.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,703 / year
Year Built: 1910

Feature Descriptions

Exterior: Vinyl Siding
Laundry: None
Parcel#: 016-12-061
Parking: Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

Shown By

Agent Name: Paula Leonardi Ducato
Agent Phone: Cell: (330) 907-8381
Agency Title: Key Realty

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Estimated Payment

$ 1,078.04 per month $810.53 Principal & Interest $225.25 Property Tax $42.26 Homeowner's Insurance

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