Home ›

Home for Sale at 1141 E 148th Street in Cleveland, OH for $129,000

Listing data last changed 08/15/2025 - 6:49pm
Javascript is required to view this map.
Tools

1141 E 148th Street | Cleveland

$129,000 | 5 Beds | 3 Baths (2 Full, 1 Half) | 2,700 Sq. Ft.

High-ROI Turnkey Duplex \u2013 Fully Occupied, 15% Cap Rate, Instant Cash Flow!\r\n\r\nDo 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.\r\n\r\nAt a purchase price of $129,000, that\u2019s 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\u2014add this turnkey rental property to your portfolio today!\r\n\r\nWHEN OFFERING: Proof of funds required. Cash offers will be considered before offers contingent on bank financing. $2K EMD.\r\n\r\nCash 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 MLSNow 5148359 Directions to property: 1141 E 148th St cleveland oh 44108

MLS Listing ID: 
MLSNow 5148359
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$129,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Cleveland
Address: 
1141 E 148th Street, Cleveland, OH 44110
County: 
Cuyahoga
Latitude: 
41.5483980
Longitude: 
-81.5770620
Directions: 
1141 E 148th St cleveland oh 44108
Public Remarks: 
High-ROI Turnkey Duplex \u2013 Fully Occupied, 15% Cap Rate, Instant Cash Flow!\r\n\r\nDo 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.\r\n\r\nAt a purchase price of $129,000, that\u2019s 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\u2014add this turnkey rental property to your portfolio today!\r\n\r\nWHEN OFFERING: Proof of funds required. Cash offers will be considered before offers contingent on bank financing. $2K EMD.\r\n\r\nCash 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
Community Information
School District: 
Cleveland Municipal - 1809
Building Details
Details about the building on a property.
Architectural Style: 
Bi-Level
Year Built: 
1919
Living Area: 
2,700
Interior: 
Ceiling Fan(s)
Construction
Construction Materials: 
Wood Siding
Roof: 
Asphalt
Exterior Features: 
Awning(s),Balcony
Porch: 
Covered,Deck,Front Porch,Balcony
Room Details
Details about the rooms in the building.
Total Rooms: 
12
Total Bedrooms: 
5
Total Bathrooms: 
3
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
1
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.07
Lot Size (Area): 
0.07
Lot Features
Parking Type: 
Direct Access
Additional Details
Appliances: 
Range,Refrigerator
Public Record
Parcel Number: 
115-17-018
Annual Tax: 
$907.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Ohio Property Group, LLC

Request More Information