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.
Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: michlinehomesales@gmail.com, 216-255-8768
Shown By
Agent Name: Jordan Shaver
Agent Phone: (330) 506-4283
Agency Title: Gonatas Real Estate
Estimated Payment
$ 641.66 per month $353.87 Principal & Interest $241.42 Property Tax $46.38 Homeowner's Insurance
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3608 E 147th | MLS# 5234592
This multi-family property located at 3608 E 147th, Cleveland, OH 44120 is currently listed for sale with an asking price of $159,000. E 147th is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on jordan.gonatasrealestate.com today.