Do Real Estate on the Go!
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Do Real Estate on the Go!
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$123,900
5 Beds
3 Baths2 full baths + 1 half bath
2,700sqft
1141 E 148Th St, Cleveland, OH 44110
$123,900
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Single Family Residence
Built in 1919
$-- HOA
0.07 acre lot
$46/sq.ft
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 ca...
- Houzeo last checked: 34 Minutes ago
- Listing updated: November 18, 2025 at 2:35 pm
- Listing Provided by: Glen G Whitten (419) 790-3106 DRE #2002023149 | Ohio Property Group, LLC (419) 790-3106
- Source: MLS Now-OH | MLS#: 5148359
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1919
HOA Fees
-
Finished Area
2,700 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5148359
MLS Status
Active
Days on Market
127
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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