$159,000
About this home
Ready to add a fully occupied income producer to your portfolio? This updated 2,770 sq ft duplex at 3608 E 147th delivers immediate cash flow with both units leased and generating $2,025/month combined. The 2-bedroom unit rents at $950/month through 9/30/26, and the 3-bedroom unit brings in $1,075/month through 7/31/27 — no lease-up period, no vacancy risk, income starts day one. Built in 1916 and updated/remodeled, this all-brick and vinyl-sided property sits on a 0.20-acre lot just south of Kinsman, with off-street and driveway parking for tenants. The owner-favorable expense structure has tenants covering electricity, grounds care, and heating, while ownership handles sewer, trash, and water — a clean, predictable split for investors who want simplified operations. Public water and sewer service, forced air gas heat, and an unfinished basement with laundry hookups round out the mechanicals. Located in a walkable, service-rich pocket of Cleveland with a laundromat, medical services, parks, restaurants, and sidewalks nearby, this property offers strong tenant appeal and long-term rental demand. At $57.40/sq ft, it's priced to cash-flow from close. Showings only with an accepted offer — tenants are occupied and should not be disturbed. Serious investors, submit offers to the listing agent for fast response.
Property details
- MLS #
- 5234592
- Property type
- Duplex
- Subdivision
- N/A
- Status
- Active
- Days on market
- 3
- On market date
- August 12, 2026
- Stories
- 3
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.2 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 415
- Student:teacher ratio
- 12.6:1
- District
- Cleveland Municipal
- Enrollment
- 651
- Student:teacher ratio
- 13.9:1
- District
- Shaker Heights City
- Enrollment
- 1,566
- Student:teacher ratio
- 15.1:1
- District
- Shaker Heights City
Walkability
Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 16, 2026.
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.