1615 E 47th St Cleveland, OH 44103
Goodrich-Kirtland Park NeighborhoodEstimated payment $1,439/month
About This Home
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.
Listing Agent
Premier Heights Realty LLC Brokerage Email: 216-860-0005, sophie@premierheights.com License #2023005046 Listed on: 03/20/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $925
Year Built
- Built in 1880 | Remodeled
Home Design
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,159 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Parking Pad
- Parking Lot
Additional Features
- 4,230 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- Alexander Macinthosh Allotment Subdivision
Listing and Financial Details
- Assessor Parcel Number 104-25-069
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $925 | $13,825 | $3,535 | $10,290 |
| 2024 | $925 | $13,825 | $3,535 | $10,290 |
| 2023 | $782 | $10,230 | $2,770 | $7,460 |
| 2022 | $778 | $10,220 | $2,765 | $7,455 |
| 2021 | $770 | $10,220 | $2,770 | $7,460 |
| 2020 | $768 | $8,820 | $2,380 | $6,440 |
| 2019 | $711 | $25,200 | $6,800 | $18,400 |
| 2018 | $708 | $8,820 | $2,380 | $6,440 |
| 2017 | $700 | $8,410 | $2,560 | $5,850 |
| 2016 | $694 | $8,410 | $2,560 | $5,850 |
| 2015 | $3,238 | $8,410 | $2,560 | $5,850 |
| 2014 | $3,238 | $8,160 | $2,490 | $5,670 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Sale | $255,000 | +545.6% | $118 / Sq Ft | |
| 01/17/2023 01/17/23 | Sold | $39,500 | -12.2% | $18 / Sq Ft | View Prior Sale |
| 12/06/2022 12/06/22 | For Sale | $45,000 | -- | $21 / Sq Ft |
Source: MLS Now
MLS Number: 5194288
APN: 104-25-069
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