Great investment property in the Waterloo district close to downtown Cleveland which can collect $2350 per month or more. This Triplex was updated in 2024 including new floors, new paint, some new windows, new fridge and stove and a new furnace for the second-floor unit. This unit is vacant and can be rented out for $1000.
The updates on the third floor include newer floors, fresh paint, new kitchen cabinets and appliances, new windows, new water tank and baseboard heaters and is rented for $750 month-to-month.
The first-floor unit is occupied by a long-term tenant (who wants to stay) and may need some updates when he is moving out. Current rent $600 month-to-month.
The vacant unit on the second floor and the basement are easy to show and the occupied units can be shown after an accepted offer.
For sale
$157,000
456 E 148th St, Cleveland, OH 44110
5beds
2,500sqft
Est.:
Triplex, Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$63/sqft
$-- HOA
What's special
New paintNew floorsBaseboard heatersNew windowsNew furnaceNew water tank
- 16 days
- on Zillow |
- 445 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: May 21, 2025 at 06:11am
Listing Provided by:
Michael A Ferrante info@21mike.com216-373-7727,
Century 21 Homestar,
Iris Wheeler 216-536-8597,
Century 21 Homestar
Source: MLS Now,MLS#: 5120195
Originating MLS: Akron Cleveland Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Range, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup, In Basement
Features
- Has basement: Yes
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
- Finished area above ground: 2,500
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: Three Or More
Lot
- Size: 3,963.96 Square Feet
Details
- Parcel number: 11221058
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Updated/Remodeled
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry Facilities, Medical Service, Sidewalks
- Subdivision: Lake Shr Blvd Sub/J Laron
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $63/sqft
- Tax assessed value: $36,600
- Annual tax amount: $1,706
- Date on market: 5/7/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Tenant pays: Electricity, Gas
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