1141 E 148th Street
Cleveland, OH, 44110 $ 123,900
Bedrooms5 Baths2.1 Sq 1,800 Monthly Estimate*
$ 773
for $123,900 with 5 bedrooms and 2 full baths, 1 half bath. This 1,800 square foot home was built in 1919 on a lot size of 0.0651.
High-ROI Turnkey Duplex – Fully Occupied, 15% Cap Rate, Instant Cash Flow! Do you like checks in the mail every month? Rare opportunity for real estate investors! This income-producing duplex is fully rented with stable, long-term tenants. Upstairs unit rents for $1,129/mo and downstairs for $1,269/mo, generating $2,398/month - $28,776/year in gross rental income. At a purchase price of $129,000, that’s an impressive 15% capitalization rate with immediate positive cash flow. Both units have separate utilities, strong rental history, and is located close to shopping, dining, schools, and major highways. Perfect for buy-and-hold investors, 1031 exchange buyers, and cash-flow seekers. Low-maintenance investment property in a market with rising rents—add this turnkey rental property to your portfolio today! WHEN OFFERING: Proof of funds required. Cash offers will be considered before offers contingent on bank financing. $2K EMD. Cash Flow, ROI, Below Market, Handyman Special, rehab, as-is, motivated seller, must sell, relocation, estate sale, foreclosure, short sale, investment property, income property, developing area, high growth area, potential, add value
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FeaturesGeneralSewer Public Sewer
Heating Gas
Cooling None
Possession Delivery Of Deed
Roof Asphalt
Appliances Range Refrigerator
Patio/Porch Features Covered Deck Front Porch Balcony
Architectural Style Bi-Level
Construction Materials Wood Siding
Year Built 1919
Township Cleveland
Levels Three Or More Multi/Split
Property Subtype Single Family Residence
Tax Year 2024
County Cuyahoga
Property Type Residential
HOA false
Attached Garage false
Garage Y/N false
Total Rooms 12
Full Baths 2
Status Active
Directions 1141 E 148th St cleveland oh 44108
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Spaces 2
Carport Y/N true
Land Lease Y/N false
Tax Annual Amount 907
Home Warranty Y/N true
Property Condition Updated/Remodeled
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
Legal Description 2 AMBLER 0060 ALL
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InteriorInterior Amenities Ceiling Fan(s)
Total Fireplaces 0
Fireplace Features None
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1800
Half Baths 1
Total Bedrooms 5
Below Grade Finished Area 900
Main Level Bedrooms 2
Main Level Bathrooms 1
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Total Baths 3
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ExteriorExterior Amenities Awning(s) Balcony
Parking Features Direct Access
Lot Features Back Yard Front Yard
Water Source Public
Lot Size Area 0.0651
Lot Size Acres 0.0651
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded FeaturesList ByGlen G WhittenListing Agent
Ohio Property Group, LlcBroker
support@ohiomlsflatfee.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $773
- Monthly Property Taxes
- $76
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Cleveland, OH
Average List Price $161,583
Percent of Sale Price 30%
About Cleveland, OH 372,504 Population
-22% Since 2002
$ 27,719 Median Income
37.02 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/9/2025 | $123,900 | -0.64% | Price Down |
| 10/31/2025 | $124,699 | -0.08% | Price Down |
| 10/14/2025 | $124,799 | -0.08% | Price Down |
| 9/12/2025 | $124,899 | -3.18% | Price Down |
| 8/29/2025 | $129,000 | | Listed Price |