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.
Active
Price cut: $1K (8/24)
$143,900
3283 W 48th St, Cleveland, OH 44102
6beds
1,852sqft
Triplex, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$78/sqft
$-- HOA
What's special
- 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#: 5230008
Originating 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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $143,900-0.7%$78/sqft |
Source: | ||
| 7/23/2026 | Listed for sale | $144,900+0.6%$78/sqft |
Source: | ||
| 6/13/2026 | Listing removed | $144,000$78/sqft |
Source: | ||
| 6/4/2026 | Listed for sale | $144,000$78/sqft |
Source: | ||
| 4/30/2026 | Pending sale | $144,000$78/sqft |
Source: | ||
| 4/14/2026 | Price change | $144,000-0.7%$78/sqft |
Source: | ||
| 1/7/2026 | Listed for sale | $145,000$78/sqft |
Source: | ||
| 12/22/2025 | Contingent | $145,000$78/sqft |
Source: | ||
| 12/16/2025 | Listed for sale | $145,000-19.4%$78/sqft |
Source: | ||
| 11/4/2022 | Sold | $180,000+106.9%$97/sqft |
Source: Public Record Report a problem | ||
| 3/7/2022 | Sold | $87,000-24.3%$47/sqft |
Source: | ||
| 1/20/2022 | Contingent | $114,900$62/sqft |
Source: | ||
| 11/8/2021 | Price change | $114,900-4.3%$62/sqft |
Source: | ||
| 10/8/2021 | Listed for sale | $120,000+25.1%$65/sqft |
Source: | ||
| 1/20/2021 | Listing removed | -- |
Source: | ||
| 7/29/2020 | Listed for sale | $95,900+142.8%$52/sqft |
Source: Plum Tree Realty, LLC. #4210082 Report a problem | ||
| 6/7/2018 | Sold | $39,500$21/sqft |
Source: | ||
| 5/14/2018 | Pending sale | $39,500$21/sqft |
Source: Puppy Realty #3996527 Report a problem | ||
| 5/7/2018 | Listed for sale | $39,500$21/sqft |
Source: Puppy Realty #3996527 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: Stockyards
Nearby schools
GreatSchools rating
- 8/10Clark SchoolGrades: PK-9Distance: 0.8 mi
- 3/10Max S Hayes High SchoolGrades: 9-12Distance: 0.7 mi
- 4/10Walton SchoolGrades: PK-8Distance: 0.8 mi
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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