3155 West 48th Street

Cleveland OH 44102

3884 sq. ft.

0.23 ac.

Duplex

Last sold for $162,011

Daniel Fraenkel, last sold this property on 20 January 2022 after 4 days on market.

Overview

Rare opportunity on W 48 St., the intersection of Cleveland’s Stockyards and Clark-Fulton and only minutes away from the Billion-Dollar renovation project of the MetroHealth main campus. 2 duplexes (4 units) plus a large garage/storage building all on one lot. The generated income is ideal for any owner who would like to move in and have the tenants pay off his mortgage and/or any savvy investor that is looking for substantial monthly cashflow. One unit is rented to a reliable long-term tenant and three units are vacant, giving you full flexibility to improve and manage the property according to your vision.

Features

8 bedrooms

4 bathrooms

3884 sq. ft. floor area

0.23 ac. lot size

Duplex

Estimated Value

Based on this property and similar 8 bedroom duplexes sold in Cleveland over the last 12 months, the estimated median property value of 3155 West 48th Street is $343.95k.

Median value

$343.95k

Estimated value range

$220k - $575k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Cleveland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3155 West 48th Street

2022

Sold

$162,011

20 Jan 2022 by Daniel Fraenkel, of Progressive Urban Real Estate

Happy sellers in Cleveland

We have insufficient information to provide an overview of customer satisfaction for Cleveland. Viewing the agent profiles, reviews and sales for Cleveland can provide insights for this location.