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$140,000
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Property Description
Investment Opportunity: 5 Bedrooms and 2 Bathrooms Unlock the potential of this prime investment opportunity! Fully occupied and renting for $1,900/month! This property features two spacious units, boasting 5 bedrooms and 2 bathrooms, providing ample space for families or multiple tenants. There is also an additional finished space above the second unit! Whether you're a seasoned investor or just starting, The mechanicals were replaced in 2021 (furnace + hot water tank). The roof was replaced 2 years prior to the current owner, so it's believed to be 6 years old now .Don't miss your chance to acquire a property that promises both immediate returns and long-term growth. Both units occupied and month to month. Each unit paying $950/month or $1,900 per month in total.
Full Property Details
Full Property Details for 3062 W 48th St
General
- Sold For: $140,000
- Taxes: $1,779 (2024)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5119832
- Added to Site: 94 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway, Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Hoyt
- Driving Directions: In between Train Ave and Clark 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, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,900
- Living Area: 1,900 Sq. Ft.
- Finished Above Grnd: 1,900 Sq. Ft.
- Year Built: 1908
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size: .1148
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,779
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 48 T&H 0484 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 006-23-037
Listed by EXP Realty, LLC., Ryan Hemeyer
Sold by Non-Member, Non-Member Non-Member
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Schools
Schools serving 3062 W 48th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Clark School 5550 Clark Avenue, Cleveland, OH 44102 | PK-8 | 0.2 mi |
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102 | 9-12 | 0.4 mi |
Walton School 3409 Walton Avenue, Cleveland, OH 44113 | PK-8 | 0.8 mi |
Waverly Elementary School 1805 West 57th Street, Cleveland, OH 44102 | PK-8 | 0.8 mi |
Joseph M Gallagher School 4016 Woodbine Avenue, Cleveland, OH 44113 | PK-8 | 1 mi |
Paul L Dunbar Elementary School @ Kentucky 2159 West 29th Street, Cleveland, OH 44113 | PK-8 | 1.1 mi |
Garrett Morgan School of Engineering & Innovation 4600 Detroit Avenue, Cleveland, OH 44102 | 9-12 | 1.2 mi |
Scranton School 1991 Barber Avenue, Cleveland, OH 44113 | PK-8 | 1.3 mi |
Luis Munoz Marin School 1701 Castle Avenue, Cleveland, OH 44113 | PK-8 | 1.4 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 3062 W 48th St
Date
Details
Price
Change
Source
8/14/2025
Sold
$140,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3062 W 48th Street, Loveland, OH 44102 (MLS# 5119832) is a Duplex property that was sold at $140,000 on August 14, 2025. Want to learn more about 3062 W 48th Street? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

