477 E 148th Street

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Address: 477 E 148th St, Cleveland, OH 44110, USA
Chicago & Midwest + Apartment Buildings
Created date: August 27, 2026
Date last updated: September 17, 2026
Price: $135,000Investment Analyzer NEW!

Property Description

This newly updated duplex is a fantastic opportunity for investors looking for a vacant, rent-ready property with strong income potential in Cleveland! The lower unit has 2 bedrooms and 1 full bathroom, meanwhile the upper unit has 3 bedrooms and 1 full bathroom. Each unit features a functional layout with a spacious living room, a practical kitchen, and an adjoining dining area. The shared basement provides additional storage space and potential for future value-add improvements. With both units currently vacant, the new owner has the flexibility to place their own tenants, establish new lease terms, and begin building rental income right away. Each unit has an estimated market rent of approximately $1,000 per month, providing a potential combined gross rental income of $2,000 per month once fully occupied. Conveniently located in Cleveland with easy access to I-90 and just minutes from Humphrey Park, the property is well positioned near major roadways, public transportation, shopping, schools, parks, restaurants, and other everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're looking to expand an existing rental portfolio or secure your next income-producing property, 477 E 148th St offers an excellent combination of recent updates, vacancy, rental potential, and convenient location! Schedule your showing today! No wholesalers. No Seller financing. No low ball offers.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $135,000
Year Built: 1920
Lot Size: 1,960.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 2
Address: 477 E 148th Street, Cleveland, OH 44110, USA
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Investment Analyzer

Step 1Financing Calculation

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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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