Triplex at 406 E 148th Street, Cleveland
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$99,900

Under contract
406 E 148th Street
Cleveland, OH 44110
Listed by Marcus Ezzone · McDowell Homes Real Estate Services
Bedrooms
5
Bathrooms
3
Living area
2,472 sqft
Year built
1924

About this home

Value-add opportunity near Collinwood! This 5-bedroom triplex needs some TLC but offers plenty of potential for an investor ready to put in the work. With a combined local fair market rent potential of $3,500+ per month, this property gives you the opportunity to renovate, build equity, and rent out in a high demand area. Bring your vision and turn this one into a strong addition to your portfolio.

Property details

MLS
NOWDD
MLS #
5241773
Property type
Triplex
Subdivision
Lake Shore Blvd Sub/J Laronge
Status
Under contract
Days on market
22
On market date
September 8, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.0967 acres
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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.

Elementary
Memorial School
0.14 mi away · Grades -1-8
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
412
Student:teacher ratio
14.7:1
District
Cleveland Municipal
Middle
W.H. Kirk Middle School
2.94 mi away · Grades 6-8
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
339
Student:teacher ratio
14.1:1
District
East Cleveland City School District
High
Ginn Academy
0.81 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
317
Student:teacher ratio
13.8:1
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).

67
Walkable
out of 100
EPA National Walkability Index
11.7 / 20 -- Above average walkable
Google Places amenity density
80 / 100
Restaurants & cafes20
Grocery stores1
Parks4
Schools6
Transit stops20
Pharmacies1

Market position

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

On the market 22 days -- 28 fewer days than Cleveland's current average of 50 days.
For reference, the median list price across 2,478 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.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$752/mo
$19,980 down
$79,920 loan
Principal & interest$518
Property tax (est.)$83
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 23 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.