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$134,900
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Property Description
Turnkey investment opportunity in one of Cleveland's strongest rental markets! This fully rent-ready triplex offers immediate income with significant upside. The first-floor unit is currently leased at $1,000 per month on a month-to-month basis, providing instant cash flow while allowing the next owner flexibility to adjust rents or occupancy as desired. The two additional one-bedroom, one-bathroom units are vacant, move-in ready, and primed for immediate leasing, giving investors the opportunity to quickly increase monthly income. Whether you're looking to expand your rental portfolio or purchase your first multifamily investment, this is a true plug-and-play opportunity with minimal upfront work required. All three units are in rent-ready condition, allowing you to focus on maximizing returns instead of renovations. Conveniently located near Downtown Cleveland, University Circle, the Cleveland Clinic, and major highways, this property benefits from strong rental demand and excellent long-term investment potential. Don't miss your chance to own a cash-flowing asset with immediate value-add through leasing the vacant units.
Full Property Details
Full Property Details for 1522 E 47th St
General
- Price: $134,900
- Taxes: $712 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5232672
- Updated: 7/31/2026
- Added to Site: 51 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Alexander Mcintoshs
- Driving Directions: E 47th St, north of St. Clair Ave.
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Other
- Basement: Yes
- Basement Desc.: Common Basement, Crawl Space
- Roof: Asbestos Shingle
- Stories/Levels: 2
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1282
- Lot Size: .1282
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $712
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 125&126 MCINTOSH 0079 ALL
- Property ID: 104-24-046
Listed by Keller Williams Greater Metropolitan, Michael T Arko
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Schools
Schools serving 1522 E 47th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
George Washington Carver 2200 East 55th Street, Cleveland, OH 44103 | PK-8 | 1.1 mi |
Campus International School 2160 Payne Avenue, Cleveland, OH 44114 | K-8 | 1.2 mi |
Wade Park 7600 Wade Park Avenue, Cleveland, OH 44103 | PK-8 | 1.2 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 8.4 mi |
Design Lab @ Jane Addams 1740 East 32nd Street, Cleveland, OH 44114 | 9-12 | 0.7 mi |
Campus International High School 3100 Chester Avenue, Cleveland, OH 44114 | 9-12 | 0.9 mi |
Jane Addams Business Careers High School 2373 East 30th Street, Cleveland, OH 44115 | 9-12 | 1.5 mi |
Marion-Sterling Elementary School 3033 Central Avenue, Cleveland, OH 44115 | PK-8 | 1.3 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1522 E 47th St
Date
Details
Price
Change
Source
7/31/2026
Listed
$134,900
1698.67%
MLS
4/14/2012
Sold
$7,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1522 E 47th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$712
—
$10,640
—
2024
$711
—
$10,640
—
2023
$711
-65%
$10,640
—
2022
$2,039
151%
$10,640
—
2021
$812
—
$10,640
16%
2020
$811
8%
$9,170
—
2019
$751
101%
$9,180
—
2018
$374
-54%
$9,180
-5%
2017
$818
1%
$9,670
—
2016
$811
—
$9,670
—
2015
$811
3%
$9,670
3%
2014
$786
1%
$9,390
—
2013
$778
—
$9,390
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1522 E 47th St
1522 E 47th Street, Loveland, OH 44103 (MLS# 5232672) is a Triplex property with 5 bedrooms and 3 full bathrooms. 1522 E 47th Street is currently listed for $134,900 and was received on July 31, 2026. Want to learn more about 1522 E 47th Street? Do you have questions about finding other Triplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

