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Active
  • Price cut: $1K (8/24)
    $143,900

    3283 W 48th St, Cleveland, OH 44102

    6beds
    1,852sqft
    : 
    $1,140/mo
    Get pre-qualified
    Triplex, Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $78/sqft
    $-- HOA

    What's special

    Investment opportunity with immediate cash flow! This fully occupied income-producing property is currently configured as a triplex (zoned as a duplex) with all three units occupied and generating consistent rental income. Unit 1 rents for $525/month on a month-to-month lease. Unit 2 rents for $810/month on a lease ending July 31, 2026, and will transition to month-to-month thereafter. Unit 3 rents for $800/month on a lease ending August 31, 2026, with the tenant planning to vacate at lease expiration, offering an opportunity to increase rents or occupy the unit. Owner pays water and sewer, tenants pay all other utilities. Conveniently located near shopping, restaurants, parks, and major commuter routes, this property offers strong cash flow today with future upside through rental increases and lease turnover. Do not disturb tenants. No showings until accepted offer.
    33 days
    |
    482
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tal Tamir 216-870-8687 tal@premierclevelandinvesting.com,

    Russell Real Estate Services,

    Benjamin Peleg 303-709-1063,

    Russell Real Estate Services

    Source: MLS Now,MLS#: 5230008MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Appliances
      • Laundry: None
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 1,852
      • Total interior livable area: 1,852 sqft
      • Finished area above ground: 1,852
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Paved
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,100 Square Feet
      Details
      • Parcel number: 01612061
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt,Fiberglass
      Condition
      • Year built: 1910

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Diodate Clark
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $78/sqft
      • Tax assessed value: $115,400
      • Annual tax amount: $2,703
      • Date on market: 7/23/2026
      • Cumulative days on market: 33 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/24/2026Price change$143,900-0.7%$78/sqft
        Source: MLS Now #5230008 Report a problem
        7/23/2026Listed for sale$144,900+0.6%$78/sqft
        Source: MLS Now #5230008 Report a problem
        6/13/2026Listing removed$144,000$78/sqft
        Source: MLS Now #5176996 Report a problem
        6/4/2026Listed for sale$144,000$78/sqft
        Source: MLS Now #5176996 Report a problem
        4/30/2026Pending sale$144,000$78/sqft
        Source: MLS Now #5176996 Report a problem
        4/14/2026Price change$144,000-0.7%$78/sqft
        Source: MLS Now #5176996 Report a problem
        1/7/2026Listed for sale$145,000$78/sqft
        Source: MLS Now #5176996 Report a problem
        12/22/2025Contingent$145,000$78/sqft
        Source: MLS Now #5176996 Report a problem
        12/16/2025Listed for sale$145,000-19.4%$78/sqft
        Source: MLS Now #5176996 Report a problem
        11/4/2022Sold$180,000+106.9%$97/sqft
        Source: Public Record Report a problem
        3/7/2022Sold$87,000-24.3%$47/sqft
        Source: MLS Now #4323940 Report a problem
        1/20/2022Contingent$114,900$62/sqft
        Source: MLS Now #4323940 Report a problem
        11/8/2021Price change$114,900-4.3%$62/sqft
        Source: MLS Now #4323940 Report a problem
        10/8/2021Listed for sale$120,000+25.1%$65/sqft
        Source: MLS Now #4323940 Report a problem
        1/20/2021Listing removed--
        Source: MLS Now Report a problem
        7/29/2020Listed for sale$95,900+142.8%$52/sqft
        Source: Plum Tree Realty, LLC. #4210082 Report a problem
        6/7/2018Sold$39,500$21/sqft
        Source: MLS Now #3996527 Report a problem
        5/14/2018Pending sale$39,500$21/sqft
        Source: Puppy Realty #3996527 Report a problem
        5/7/2018Listed for sale$39,500$21/sqft
        Source: Puppy Realty #3996527 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,703 +0%$40,390
        2024$2,701 +142.8%$40,390 +181.5%
        2023$1,112 +0.6%$14,350
        2022$1,106 +0.9%$14,350
        2021$1,096 +12.5%$14,350 +30.1%
        2020$974 -20.5%$11,030 +0.1%
        2019$1,225 +279.7%$11,020 -0.1%
        2018$323 -78.3%$11,030 -11.8%
        2017$1,487 -51.1%$12,500
        2016$3,040 +1.9%$12,500
        2015$2,984 +29.4%$12,500 -10.1%
        2014$2,305 +40.8%$13,900
        2013$1,637 +55.9%$13,900
        2012$1,050 -28.7%$13,900 -16.1%
        2011$1,471 +58.3%$16,560
        2010$930 -42%$16,560
        2009$1,602 +48.5%$16,560 -10.9%
        2008$1,079 +131.3%$18,590
        2007$466 +0.2%$18,590
        2006$465 +7.3%$18,590 +9.7%
        2005$434 +0.2%$16,950
        2004$433 -0.3%$16,950
        2003$434 +29.9%$16,950 +15%
        2002$334 -76.8%$14,740
        2001$1,440 +4.5%$14,740
        2000$1,378 $14,740
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Stockyards

        Getting around

        64 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cleveland Municipal - 1809

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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