$135,000

Estimated payment $825/month

Total Views 156
5 Beds
2 Baths
1,960 Sq Ft
$69 Price per Sq Ft

About This Home

This newly updated duplex is a fantastic opportunity for investors looking for a vacant, rent-ready property with strong income potential in Cleveland! The lower unit has 2 bedrooms and 1 full bathroom, meanwhile the upper unit has 3 bedrooms and 1 full bathroom. Each unit features a functional layout with a spacious living room, a practical kitchen, and an adjoining dining area. The shared basement provides additional storage space and potential for future value-add improvements.

With both units currently vacant, the new owner has the flexibility to place their own tenants, establish new lease terms, and begin building rental income right away. Each unit has an estimated market rent of approximately $1,000 per month, providing a potential combined gross rental income of $2,000 per month once fully occupied.

Conveniently located in Cleveland with easy access to I-90 and just minutes from Humphrey Park, the property is well positioned near major roadways, public transportation, shopping, schools, parks, restaurants, and other everyday amenities.

Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!

Whether you’re looking to expand an existing rental portfolio or secure your next income-producing property, 477 E 148th St offers an excellent combination of recent updates, vacancy, rental potential, and convenient location! Schedule your showing today!

No wholesalers. No Seller financing. No low ball offers.

Listing Agent

Mike Azzam

RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com, 216-446-7606 License #2014004734 Listed on: 08/25/2026

RE/MAX Haven Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,012

Year Built

  • Built in 1920

Lot Details

  • 3,994 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Lake Shore Blvd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 112-21-072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,012

Year Built

Built in 1920

Lot Details

3,994 Sq Ft Lot

Listing Details

  • MLS Status: Active
  • Standard Status: Active
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1920
  • Attribution Contact: mike@theazzamgroup.com, 216-446-7606
  • Subdivision Name: Lake Shore Blvd Sub
  • Above Grade Finished Sq Ft: 1960.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2025
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0917
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 112-21-072

Tax Info

  • Tax Annual Amount: 1012.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,012 $15,120 $5,005 $10,115
2024 $1,012 $15,120 $5,005 $10,115
2023 $776 $10,010 $1,750 $8,260
2022 $772 $10,010 $1,750 $8,260
2021 $764 $10,010 $1,750 $8,260
2020 $776 $8,790 $1,540 $7,250
2019 $719 $25,100 $4,400 $20,700
2018 $985 $8,790 $1,540 $7,250
2017 $1,264 $14,950 $1,610 $13,340
2016 $1,254 $14,950 $1,610 $13,340
2015 $1,448 $14,950 $1,610 $13,340
2014 $1,448 $17,190 $1,860 $15,330
Source: Public Records

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
08/25/2026 08/25/26 For Sale $135,000 +136.8% $69 / Sq Ft
09/24/2024 09/24/24 Sold $57,000 -12.3% $29 / Sq Ft View Prior Sale
08/01/2024 08/01/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $65,000 -- $33 / Sq Ft
Source: MLS Now

Purchase 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 Type Sale Price Title Company
Warranty Deed $57,000 None Listed On Document
Deed $38,000 --
Deed $36,000 --
Deed -- --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $105,000 New Conventional
Closed $105,300 Credit Line Revolving
Source: Public Records

Source: MLS Now

MLS Number: 5239597

MLS Now

APN: 112-21-072

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