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Home for Sale at 1141 E 148th Street in Cleveland, OH for $119,000

Listing data last changed 01/23/2026 - 2:19pm
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1141 E 148th Street | Cleveland

$119,000 | 5 Beds | 3 Baths (2 Full, 1 Half) | 2,700 Sq. Ft.

Could you use an extra $27,000 in income per year? Check out this sky-high Return On Investment, Turnkey Duplex! CASH COW, Fully Occupied, 15% Cap Rate, Instant Cash Flow!\r\n\r\nRare 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 $1,129/mo, generating $2,258/month = $27,096 PER YEAR RENTAL INCOME!\r\n\r\nAt a purchase price of $123,000, that\u2019s a HUGE 16% capitalization rate with immediate cash flow. Both units have separate utilities where tenants pay gas and electric, tenants have strong rental history, and it\u0027s 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 ABOVE offers contingent on financing. $2K earnest money down required. NO CREATIVE FINANCING/TERMS OFFERS. Owners need to sell FAST so they can put a down payment on a commercial deal. REACH OUT TODAY!\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: 
$119,000
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: 
Could you use an extra $27,000 in income per year? Check out this sky-high Return On Investment, Turnkey Duplex! CASH COW, Fully Occupied, 15% Cap Rate, Instant Cash Flow!\r\n\r\nRare 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 $1,129/mo, generating $2,258/month = $27,096 PER YEAR RENTAL INCOME!\r\n\r\nAt a purchase price of $123,000, that\u2019s a HUGE 16% capitalization rate with immediate cash flow. Both units have separate utilities where tenants pay gas and electric, tenants have strong rental history, and it\u0027s 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 ABOVE offers contingent on financing. $2K earnest money down required. NO CREATIVE FINANCING/TERMS OFFERS. Owners need to sell FAST so they can put a down payment on a commercial deal. REACH OUT TODAY!\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

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