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$195,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • 5 Beds
  • 3 Full Baths
  • 2,092 Sq. Ft.
  • 0.0884 Acres
  • 2 Car Garage
  • Updated 3 days ago
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407 East 147th Street in Cleveland presents a fully occupied, income producing multifamily opportunity with a solid blend of updates and steady cash flow. This three unit property includes two 2 bedroom, 1 bathroom units, currently rented at $850 and $950 per month, along with a 1 bedroom, 1 bathroom unit leased at $545 per month. With all units occupied, the property offers immediate and consistent rental income from day one. Each unit has been thoughtfully refreshed, with Units 1 and 2 updated in 2023 featuring improvements to paint, flooring, kitchens, and bathrooms, creating clean, comfortable living spaces that appeal to tenants. The third unit was also updated in 2023, including a bathroom refresh, kitchen installation, new flooring, and paint, giving it a cohesive and move in ready feel. Newer hot water tanks installed in 2024 add to the overall reliability of the property. The detached 2 car garage provides added value and convenience, while the overall layout offers functional, easy to maintain living spaces across all units. With a strong rental lineup, recent updates, and consistent occupancy, this property offers a well rounded opportunity for investors seeking both stability and long term upside in a convenient Cleveland location.

Full Property Details for 407 E 147th St

General

  • Price: $195,000
  • Taxes: $2,646 (2025)
  • Status: Active
  • Type: Triplex
  • Source: 505
  • MLS ID: 5203684
  • Updated: 4/28/2026
  • Added to Site: 3 day(s) ago

Interior

  • Appliances: Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Basement, None

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Concrete, Detached, Garage

Location

  • County: Cuyahoga
  • Township: Cleveland
  • Subdivision: White
  • Driving Directions: Lakeshore Blvd to E 147th St

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, Unfinished
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 3
  • Square Feet: 2,092
  • Living Area: 2,092 Sq. Ft.
  • Finished Above Grnd: 2,092 Sq. Ft.
  • Year Built: 1914
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.0884
  • Lot Size: .0884
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $2,646
  • Tax Year: 2025
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Grounds Care, Internet

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: 16 WHITEPRO SP 129.92 S OF KEYES 0003
  • Property ID: 112-20-073

Listed by RE/MAX Crossroads Properties, Anthony R Latina

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Listing agent

— 407 E 147th St —

  • Anthony R Latina

    RE/MAX Crossroads Properties

anthonylatinarealestate@gmail.com, 440-465-5611

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 407 E 147th St

School District:Cleveland Municipal School District
NameGradesDistance
Memorial School
410 East 152nd Street, Cleveland, OH 44110
PK-80.1 mi
Ginn Academy
655 East 162nd Street, Cleveland, OH 44110
9-120.9 mi
East Clark
885 East 146th Street, Cleveland, OH 44110
PK-81.1 mi
John Marshall School of Information Technology
3952 West 140th Street, Cleveland, OH 44111
9-1214 mi
John Hay School Of Science & Medicine
2075 Stokes Boulevard, Cleveland, OH 44106
9-125.1 mi
John Hay School Of Architecture & Design
2075 Stokes Boulevard, Cleveland, OH 44106
9-125.1 mi
John Hay Early College High School
2075 Stokes Boulevard, Cleveland, OH 44106
9-125.1 mi
Collinwood High School
15210 Saint Clair Avenue, Cleveland, OH 44110
9-121.3 mi
Hannah Gibbons-Nottingham Elementary School
1401 Larchmont Road, Cleveland, OH 44110
PK-81.4 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 407 E 147th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2026
Listed
$195,000
72.57%
MLS
12/28/2022
Sold
$113,000
—
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 407 E 147th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,644
—
$39,550
278%
2023
$2,644
212%
$10,470
—
2022
$847
6%
$10,470
—
2021
$800
-1%
$10,470
14%
2020
$811
8%
$9,170
—
2019
$751
—
$9,180
—
2018
$749
-44%
$9,180
-42%
2017
$1,338
1%
$15,830
—
2016
$1,328
—
$15,830
—
2015
$1,327
-13%
$15,830
-13%
2014
$1,524
1%
$18,200
—
2013
$1,507
—
$18,200
—
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 407 E 147th 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

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Listed by RE/MAX Crossroads Properties, Anthony R Latina

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407 E 147th Street, Loveland, OH 44110 (MLS# 5203684) is a Triplex property with 5 bedrooms and 3 full bathrooms. 407 E 147th Street is currently listed for $195,000 and was received on April 28, 2026. Want to learn more about 407 E 147th 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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