$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

Garage spaces

N/A

Lot size

0.2 acres

Nearby schools

Within 10 miles · public school directory data (NCES)