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$269,900 Contingent

  • For Sale
  • Contingent
  • Triplex
  • 7 Beds
  • 4 Full Baths
  • 2,159 Sq. Ft.
  • 0.0971 Acres
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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 all of the mechanicals and interior finishes. There are two 2-bedroom, 1-bath down units, each generating $1K per month. The entire second floor is a 3-bedroom unit with 2 FULL bathrooms and a covered porch. The 3-bedroom unit is currently vacant and listed for rent for $1500, which is what the previous tenant paid. 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. This will likely increase based on number of occupants who move into Unit 2. LEAD CERTIFICATE valid through April 2027. Termite and structural inspections were recently conducted. Reports are available in the supplements.

Full Property Details for 1615 E 47th St

General

  • Price: $269,900
  • Taxes: $925 (2024)
  • Status: Contingent
  • Type: Triplex
  • Source: 505
  • MLS ID: 5156339
  • Updated: 12/29/2025
  • Added to Site: 95 day(s) ago

Interior

  • Number of Rooms: 11
  • Appliances: Dryer, Dishwasher, Freezer, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: In Unit

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)

Parking

  • Parking Features: Driveway, Parking Pad

Location

  • County: Cuyahoga
  • Township: Cleveland
  • Subdivision: Alexander Macinthosh Allotment
  • Driving Directions: Just North of Payne

School Information

  • Elem School District: Cleveland Municipal - 1809
  • Midd School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Partial, Unfinished
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Square Feet: 2,159
  • Living Area: 2,159 Sq. Ft.
  • Finished Above Grnd: 2,159 Sq. Ft.
  • Year Built: 1880
  • Year Built Source: Public Records
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.0971
  • Lot Size: .0971
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $925
  • Tax Year: 2024
  • Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

  • Legal Description: 126 MCINTOSH 0053 SP
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 104-25-069

Listed by Premier Heights Realty LLC, Amelie Koski and Premier Heights Realty LLC, Sophie Boehlen

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Listing agents

— 1615 E 47th St —

  • Amelie Koski

    Premier Heights Realty LLC

  • Sophie Boehlen

    Premier Heights Realty LLC

216-860-0005, sophie@premierheights.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1615 E 47th St

School District:Cleveland Municipal School District
NameGradesDistance
George Washington Carver
2200 East 55th Street, Cleveland, OH 44103
PK-81 mi
Wade Park
7600 Wade Park Avenue, Cleveland, OH 44103
PK-81.1 mi
Marion-Sterling Elementary School
3033 Central Avenue, Cleveland, OH 44115
PK-81.2 mi
Mary B Martin School
8200 Brookline Avenue, Cleveland, OH 44103
PK-81.3 mi
Alfred A. Benesch School
5393 Quincy Avenue, Cleveland, OH 44104
K-81.3 mi
East Technical High School
2439 East 55th Street, Cleveland, OH 44104
9-121.4 mi
Daniel E Morgan School
8912 Morris Court, Cleveland, OH 44106
PK-81.6 mi
Willson School
1122 Ansel Rd, Cleveland, OH 44108
PK-81.6 mi
Bolton
9803 Quebec Avenue, Cleveland, OH 44106
PK-82.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1615 E 47th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/15/2025
Listed
$269,900
583.29%
MLS
1/09/2023
Sold
$39,500
—
Public Record
Get Price Alerts and Save Property
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 for 1615 E 47th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$925
—
$13,830
35%
2023
$925
19%
$10,230
—
2022
$778
1%
$10,230
—
2021
$770
—
$10,220
16%
2020
$768
8%
$8,820
—
2019
$711
—
$8,820
—
2018
$708
1%
$8,820
5%
2017
$700
1%
$8,410
—
2016
$694
-2%
$8,410
—
2015
$705
3%
$8,410
3%
2014
$683
1%
$8,160
—
2013
$676
—
$8,160
—
View All
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 for 1615 E 47th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Premier Heights Realty LLC, Amelie Koski and Premier Heights Realty LLC, Sophie Boehlen

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1615 E 47th Street, Loveland, OH 44103 (MLS# 5156339) is a Triplex property with 7 bedrooms and 4 full bathrooms. 1615 E 47th Street is currently listed for $269,900 and was received on October 15, 2025. Want to learn more about 1615 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.

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