407 E 147th St Cleveland, OH 44110
North Collinwood NeighborhoodEstimated payment $1,256/month
Highlights
- Balcony
- 2 Car Detached Garage
- Forced Air Heating System
About This Home
407 East 147th Street in Cleveland presents a fully occupied, income producing multifamily opportunity with a solid blend of updates and steady cash flow. This three unit property includes two 2 bedroom, 1 bathroom units, currently rented at $850 and $950 per month, along with a 1 bedroom, 1 bathroom unit leased at $545 per month. With all units occupied, the property offers immediate and consistent rental income from day one. Each unit has been thoughtfully refreshed, with Units 1 and 2 updated in 2023 featuring improvements to paint, flooring, kitchens, and bathrooms, creating clean, comfortable living spaces that appeal to tenants. The third unit was also updated in 2023, including a bathroom refresh, kitchen installation, new flooring, and paint, giving it a cohesive and move in ready feel. Newer hot water tanks installed in 2024 add to the overall reliability of the property. The detached 2 car garage provides added value and convenience, while the overall layout offers functional, easy to maintain living spaces across all units. With a strong rental lineup, recent updates, and consistent occupancy, this property offers a well rounded opportunity for investors seeking both stability and long term upside in a convenient Cleveland location.
Listing Agent
RE/MAX Crossroads Properties Brokerage Email: anthonylatinarealestate@gmail.com, 440-465-5611 License #2016003431 Listed on: 04/28/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,646
Year Built
- Built in 1914
Parking
- 2 Car Detached Garage
Home Design
- Triplex
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,092 Sq Ft Home
- 3-Story Property
- Range
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Balcony
- 3,851 Sq Ft Lot
Community Details
- White Subdivision
- No Laundry Facilities
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 112-20-073
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,646 | $39,550 | $4,900 | $34,650 |
| 2024 | $2,644 | $39,550 | $4,900 | $34,650 |
| 2023 | $812 | $10,470 | $1,720 | $8,750 |
| 2022 | $807 | $10,470 | $1,720 | $8,750 |
| 2021 | $800 | $10,470 | $1,720 | $8,750 |
| 2020 | $811 | $9,170 | $1,510 | $7,670 |
| 2019 | $751 | $26,200 | $4,300 | $21,900 |
| 2018 | $1,038 | $9,170 | $1,510 | $7,670 |
| 2017 | $1,338 | $15,830 | $1,580 | $14,250 |
| 2016 | $1,328 | $15,830 | $1,580 | $14,250 |
| 2015 | $1,533 | $15,830 | $1,580 | $14,250 |
| 2014 | $1,533 | $18,200 | $1,820 | $16,380 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $195,000 | +72.6% | $93 / Sq Ft | |
| 01/03/2023 01/03/23 | Sold | $113,000 | -16.3% | $45 / Sq Ft | View Prior Sale |
| 11/10/2022 11/10/22 | Pending | -- | -- | -- | |
| 10/28/2022 10/28/22 | For Sale | $135,000 | -- | $54 / Sq Ft |
Source: MLS Now
MLS Number: 5203684
APN: 112-20-073
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