Great investment property in the Waterloo district close to downtown Cleveland which can collect $2350 per month or more. This Triplex was updated in 2024 including new floors, new paint, some new windows, new fridge and stove and a new furnace for the second-floor unit. This unit is vacant and can be rented out for $1000.
The updates on the third floor include newer floors, fresh paint, new kitchen cabinets and appliances, new windows, new water tank and baseboard heaters and is rented for $750 month-to-month.
The first-floor unit is occupied by a long-term tenant (who wants to stay) and may need some updates when he is moving out. Current rent $600 month-to-month.
The vacant unit on the second floor and the basement are easy to show and the occupied units can be shown after an accepted offer.
Sold for $125,000 on 07/16/25
$125,000
456 E 148th St, Cleveland, OH 44110
5beds
2,500sqft
Triplex, Multi Family
Built in 1920
-- sqft lot
$125,100 Zestimate®
$50/sqft
$1,157 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 11:37am
Listing Provided by:
Michael A Ferrante info@21mike.com216-373-7727,
Century 21 Homestar
Bought with:
Saundra Clay, 2024004408
Key Realty
Source: MLS Now,MLS#: 5120195
Originating MLS: Akron Cleveland Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Range, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup, In Basement
Features
- Has basement: Yes
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
- Finished area above ground: 2,500
Property
Parking
- Parking features: Driveway
Features
- Levels: Three Or More
Lot
- Size: 3,963 sqft
Details
- Parcel number: 11221058
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Updated/Remodeled
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Laundry Facilities, Medical Service, Sidewalks
Location
- Region: Cleveland
- Subdivision: Lake Shr Blvd Sub/J Laron
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange