3608 E 147th

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Address: 3608 E 147th St, Cleveland, OH 44120, USA
Chicago & Midwest + Apartment Buildings
Created date: August 16, 2026
Date last updated: October 2, 2026
Price: $159,000Investment Analyzer NEW!

Property Description

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.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $159,000
Year Built: 1916
Lot Size: 2,770.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 1
Address: 3608 E 147th, Cleveland, OH 44120, USA
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Investment Analyzer

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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