OH
Cuyahoga
Cleveland
44110
1141 E 148th Street
1141 E 148th Street, Cleveland, OH 44110
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Listing Type
Single Family
Listing Status
active
19
$123,900

Home Details for 1141 E 148th Street

Price
$123,900
Type
Residential
Bedrooms
5
Bathrooms
3.0
Square feet
2700
Year built
1919
Lot size acres
0.0651
County
Cuyahoga
Total rooms
12
Garage
Days on site
114
MLS Listing#
5148359
Property Description

High-ROI Turnkey Duplex – Fully Occupied, 15% Cap Rate, Instant Cash Flow! Do you like checks in the mail every month? Rare opportunity for real estate investors! This income-producing duplex is fully rented with stable, long-term tenants. Upstairs unit rents for $1,129/mo and downstairs for $1,269/mo, generating $2,398/month - $28,776/year in gross rental income. At a purchase price of $129,000, that’s an impressive 15% capitalization rate with immediate positive cash flow. Both units have separate utilities, strong rental history, and is located close to shopping, dining, schools, and major highways. Perfect for buy-and-hold investors, 1031 exchange buyers, and cash-flow seekers. Low-maintenance investment property in a market with rising rents—add this turnkey rental property to your portfolio today! WHEN OFFERING: Proof of funds required. Cash offers will be considered before offers contingent on bank financing. $2K EMD. Cash Flow, ROI, Below Market, Handyman Special, rehab, as-is, motivated seller, must sell, relocation, estate sale, foreclosure, short sale, investment property, income property, developing area, high growth area, potential, add value

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • None
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • House Interior
    • Ceiling Fan(s)
  • Parking
    • Direct Access
  • Fire Place
    • None
Listing Courtesy: Ohio Property Group, LLC - 419-790-3106
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-11-13 14:16:27
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Median Listing Price
Median Days on Site
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Market statistics compiled from data from YES MLS.
EXIT RIVERBEND REALTY
220 Main St, Belpre, OH 45714
Jim Richards
CA BRE: #: WVS180300267
License #: sal.2019007897
Sales Representative
Office
740 860 3555
Agent
304 210 7379
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