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

$143,900

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
NOWDD
MLS #
5230008
Property type
Triplex
Subdivision
Diodate Clark
Status
Active
Days on market
32
On market date
July 23, 2026
Stories
2
Total bathrooms
3
Garage spaces
2
Parking spaces
N/A
Lot size
0.1171 acres
Loading map…

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.

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

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).

83
Highly walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores19
Parks19
Schools19
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 32 days -- 18 fewer days than Cleveland's current average of 50 days.
For reference, the median list price across 2,487 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,017/mo
$28,780 down
$115,120 loan
Principal & interest$747
Property tax (est.)$120
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 24, 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.