Two-story residence featuring a brick foundation and vinyl siding
Multi-story residence featuring light gray siding and a dark shingle roof
Two-story residence featuring white siding and a prominent front porch
Multi-level residence featuring light-toned siding and multiple windows
Kitchen area featuring white cabinetry and appliances
3283 W 48th Street photo 6
Kitchen featuring white cabinetry with black hardware, a dual-basin stainless steel sink, wood paneling, and a ceiling fan
Kitchen area featuring integrated appliances, white cabinetry, and an arched doorway
Kitchen featuring white cabinetry, gray patterned countertops, a double basin sink, and wood-panel accent walls
Room featuring wood-finish paneling, a drop ceiling, and dark wood-finish flooring
3283 W 48th Street photo 11
3283 W 48th Street photo 12
Wood-paneled interior walls with a drop ceiling
Dining area featuring a wood-finish dining table, wood-paneling walls, and two large windows
Dining area featuring wood-finish paneling, a tray ceiling, and an arched doorway opening to an additional room
Wood-finish wall paneling throughout the room, complemented by a drop ceiling
3283 W 48th Street photo 17
3283 W 48th Street photo 18
3283 W 48th Street photo 19
3283 W 48th Street photo 20
3283 W 48th Street photo 21
Bathroom featuring wood-finish wall paneling, a drop-ceiling, and patterned floor tiles
Living area featuring wood-paneled walls and light-toned flooring
Wood-paneled interior walls with a drop ceiling and tile flooring
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Room featuring dark blue walls, a textured ceiling, and wood-finish flooring with a geometric pattern
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Bathroom featuring wood-finish paneling, a wood-finish vanity with an integrated sink, and a framed mirror with overhead lighting
3283 W 48th Street photo 32
Interior room featuring wood-panel walls, a drop ceiling, and dark flooring
Electrical service panel and two utility meters mounted on a painted concrete block wall
34 photos

$144,900

3283 W 48th Street
Cleveland, OH 44102
Listed by Tal Tamir · Russell Real Estate Services
Bedrooms
6
Bathrooms
3
Living area
1,852 sqft
Year built
1910

About this home

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.

Property details

MLS #
5230008
Property type
Triplex
Subdivision
Diodate Clark
Status
Active
Days on market
22
On market date
July 23, 2026
Stories
2
Garage spaces
2
Lot size
0.1171 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Lincoln Park Academy
0.39 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
364
Student:teacher ratio
14.0:1
District
Lincoln Park Academy
MiddleCharter
Constellation Schools: Stockyard Community Middle
0.6 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
74
Student:teacher ratio
37.0:1
District
Constellation Schools: Stockyard Community Middle
High
Max S Hayes High School
0.66 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
13.9:1
District
Cleveland Municipal

Mortgage calculator

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Est. monthly payment
$1,023/mo
$28,980 down
$115,920 loan
Principal & interest$752
Property tax (est.)$121
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 12 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.