Great investment opportunity! This fully remodeled multifamily property features two spacious units, each offering two bedrooms and one full bathroom, plus a third bonus unit with one bedroom and one full bathroom. All three units have been completely renovated with modern finishes and are equipped with BRAND NEW 2026 MECHANICALS. Additional improvements include: updated plumbing and electrical systems (2026), along with a NEWER ROOF. The units are currently being marketed for rent, making this property an excellent option for an investor looking to build a strong rental portfolio or an owner-occupant seeking additional income potential. CMHA will pay up to $1243 for a 2-bedroom unit in 44110. Even at 80% of maximum rent (or $994), this property would generate NEARLY $24,000 annually, easily beating the 1% Rule and exceeding a 10-cap requirement.
Active
$148,000
505 E 149th St, Cleveland, OH 44110
4beds
2,054sqft
Duplex, Multi Family
Built in 1921
-- sqft lot
$-- Zestimate®
$72/sqft
$-- HOA
What's special
Two spacious unitsNewer roof
- 46 days
- 182
- 28
Zillow last checked:
Listing updated:
Listed by:
Jullian Vaughn 216-860-0005 sophie@premierheights.com,
Premier Heights Realty LLC
Source: MLS Now,MLS#: 5240042
Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,054
- Total interior livable area: 2,054 sqft
- Finished area above ground: 2,054
Video & virtual tour
Property
Parking
- Parking features: Driveway, Off Street, On Street
Features
- Levels: Three Or More
Lot
- Size: 4,970 Square Feet
Details
- Parcel number: 11222015
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding, Wood Siding
- Roof: Shingle
Condition
- Updated/Remodeled
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lake Shore Blvd Sub/J Lar
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $72/sqft
- Tax assessed value: $54,300
- Annual tax amount: $1,272
- Date on market: 8/27/2026
- Cumulative days on market: 187 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $148,000-1.3%$72/sqft |
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| 8/27/2026 | Listing removed | $150,000$73/sqft |
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| 4/24/2026 | Listed for sale | $150,000-4.5%$73/sqft |
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| 11/4/2025 | Listing removed | $157,000$76/sqft |
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| 10/16/2025 | Listed for sale | $157,000$76/sqft |
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| 10/16/2025 | Listing removed | $157,000$76/sqft |
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| 8/25/2025 | Listed for sale | $157,000$76/sqft |
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| 8/8/2025 | Contingent | $157,000$76/sqft |
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| 7/23/2025 | Listed for sale | $157,000+7.6%$76/sqft |
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| 7/5/2024 | Listing removed | -- |
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| 4/6/2024 | Listed for sale | $145,900$71/sqft |
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| 4/1/2024 | Listing removed | -- |
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| 1/4/2024 | Listed for sale | $145,900+316.9%$71/sqft |
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| 12/30/2020 | Sold | $35,000$17/sqft |
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| 12/8/2020 | Pending sale | $35,000$17/sqft |
Source: Platinum Real Estate #4243309 Report a problem | ||
| 12/4/2020 | Listed for sale | $35,000$17/sqft |
Source: Platinum Real Estate #4243309 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,272 +0% | $19,010 |
| 2024 | $1,271 +84.2% | $19,010 +113.8% |
| 2023 | $690 +0.6% | $8,890 |
| 2022 | $686 +0.9% | $8,890 |
| 2021 | $680 | $8,890 |
| 2020 | -- | $8,890 |
| 2019 | $3,026 +323% | $8,890 |
| 2018 | $715 -97.7% | $8,890 -41% |
| 2017 | $31,303 +38% | $15,060 -5% |
| 2016 | $22,680 +0.9% | $15,860 |
| 2015 | $22,477 +19.9% | $15,860 -13% |
| 2014 | $18,748 +23% | $18,240 |
| 2013 | $15,240 +28% | $18,240 |
| 2012 | $11,907 +91.2% | $18,240 -27.9% |
| 2011 | $6,229 +52.7% | $25,310 |
| 2010 | $4,080 +87.9% | $25,310 |
| 2009 | $2,171 +31.7% | $25,310 -12% |
| 2008 | $1,648 +3.3% | $28,770 |
| 2007 | $1,595 +0.1% | $28,770 |
| 2006 | $1,593 +3.2% | $28,770 +8.6% |
| 2005 | $1,544 -3.7% | $26,500 |
| 2004 | $1,603 +6.1% | $26,500 |
| 2003 | $1,510 +10.7% | $26,500 +9.7% |
| 2002 | $1,364 -42.2% | $24,150 |
| 2001 | $2,359 +4.5% | $24,150 |
| 2000 | $2,258 | $24,150 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Collinwood
Nearby schools
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.






