1615 E 47th Street, Cleveland, OH 44103
- $235,000
- 7
- BD
- 4
- BA
- 2,159
- SqFt
- Sold Price
- $235,000
- List Price
- $255,000
- Status
- CLOSED
- Days on Market
- 33
- Closing Date
- Apr 22, 2026
- MLS#
- 5194288
- Subtype
- Residential Income
- Year Built
- 1880
- Bedrooms
- 7
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,159
- Acres
- 0.10
- Subdivision
- Alexander Macinthosh Allotment
- Neighborhood
- Alexander Macinthosh Allotment
- MLS Area Major
- Cleveland
Property Description
Stylishly rehabbed triplex is conveniently located minutes from Downtown Cleveland, Cleveland State University and The Cleveland Clinic's main campus. Completely remodeled 3-unit in 44103 has been grossing $3,500/month or $42,000/year! This property EASILY beats the 1% Rule and 10-Cap benchmark. Everything is new, from the roof, siding, vinyl windows, and new concrete parking pads and driveway to mechanicals and interior finishes. There are two units on the ground floor, each with 2-bedrooms and 1 bath. The entire second floor is a 3-bedroom unit with 2 FULL bathrooms and a covered porch. All three kitchens have new cabinets with granite counters and newer stainless steel appliances including fridge/freezer, range, dishwasher and microwave. Each of the three units has Central AC and in-unit washers and dryers. Owners pay all utilities and charge tenants a flat monthly fee. Total utility fees were generating $310/month when fully occupied. LEAD CERTIFICATE valid through April 2027.
Additional Information
- Taxes
- $925
- Appliances
- Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Parking Features
- Parking Lot, Parking Pad
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Sophie Boehlen, sophie@premierheights.com With Premier Heights Realty LLC
Selling Office: Berkshire Hathaway HomeServices Professional Realty.Mortgage Calculator
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