#5123655, Crystal Jontony, Listing office: EXP Realty, LLC.
$150,000 List price
3062 W 48th St Cleveland, OH 44102
5 beds
2 full
1,900 sqft
0.1 acres
$79 / sqft
Multi-Family
Property details
About 3062 W 48th St
Investment Opportunity: 5 Bedrooms and 2 Bathrooms Unlock the potential of this prime investment opportunity! Fully occupied and renting for $1,900/month! This property features two spacious units, boasting 5 bedrooms and 2 bathrooms, providing ample space for families or multiple tenants. There is also an additional finished space above the second unit! Whether you're a seasoned investor or just starting, The mechanicals were replaced in 2021 (furnace + hot water tank). The roof was replaced 2 years prior to the current owner, so it's believed to be 6 years old now .Don't miss your chance to acquire a property that promises both immediate returns and long-term growth. Both units occupied and month to month. Each unit paying $950/month or $1,900 per month in total.
Highlights
Home typeDuplex
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Contingent)
(Contingent)
Size1,900 sqft
BasementYes
Lot size0.1148 Acres
Year built1908
ParkingDriveway, Detached, Garage
MLS #5119832
Garage1 space
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 5
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: No
- Parking: Driveway, Detached, Garage
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $150,000
- Price/SqFt: $78
- Annual Tax Amount: $1,096
- Tax Year: 2023
- Directions: In between Train Ave and Clark Ave
- Year Built: 1908
- Stories: 2
- Living Area: 1,900 SqFt
- Lot Size: 0.1148 Acres
- MLS Number: 5119832
- MLS Name: NOWDD
- Office Name: EXP Realty, LLC.
- Office Phone: (330) 741-1237
- Office Email: realtorrhemeyer@gmail.com
- Listing Agent: Ryan Hemeyer
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 4:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 22, 2023 | Home Sold | $135,000 |
| Apr 12, 2021 | Home Sold | $90,000 |
| Apr 26, 2013 | Home Sold | $15,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $14,150 | $1,096 |
| 2022 | $14,150 | $1,090 |
| 2021 | $14,140 | $1,080 |
| 2020 | $10,850 | $959 |
| 2019 | $10,860 | $888 |
| 2018 | $10,860 | $885 |
| 2017 | $12,290 | $1,039 |
History based on county public records data.
Nearby schools
4
Constellation Schools: Stockyard Community Elementary School
Public Charter KG-6
0.6 mi
•3200 W 65th St
5
Louisa May Alcott Elementary School
Public District KG-5
2.1 mi
•10308 Baltic Rd
2
Constellation Schools: Old Brooklyn Community Elementary School
Public Charter KG-4
2.6 mi
•4430 State Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,085. Most Cleveland, OH residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
63%
<35k
35%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
44%
Single, No Kids
33%
Single, with Kids
12%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3062 W 48th St
The listing price of 3062 W 48th St property is $150,000.
The property 3062 W 48th St is a multi located in Cleveland, Ohio, 44102.
Accepting Backup Offers: 3062 W 48th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 3062 W 48th St are: Constellation Schools: Stockyard Community Elementary School (GreatSchools Rating 4/10), Louisa May Alcott Elementary School (GreatSchools Rating 5/10), Constellation Schools: Old Brooklyn Community Elementary School (GreatSchools Rating 2/10), Clark PreK-8 School (GreatSchools Rating 6/10), Menlo Park Academy (GreatSchools Rating 7/10), Lincoln Park Academy (GreatSchools Rating 4/10), Thomas Jefferson School (GreatSchools Rating 3/10), Max S. Hayes High School (GreatSchools Rating 2/10), Frederick Douglass High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,096 (source: MLS/based on county public records data).
The last sale was on February 22, 2023 for $135,000 (source: MLS/tax record).
The property 3062 W 48th St is 1,900 SqFt (source: MLS/tax record).
The year of construction for 3062 W 48th St is 1908.
This home is located at 3062 W 48th St in Cleveland, OH and zip code 44102 in the Taylor & Hoyat neighborhood. This 1,900 square foot home, which was built in 1908, sits on a 0.11 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $150,000.
Cleveland, OH housing market in June 2025 saw over 306 listings sold above listed price, more than 98 sold at listed price and over 335 sold below. The inventory of homes for sale in Cleveland, OH between May and June 2025 increased by 3.7%. While the average time on the market in June 2025 was 32 days, the median list price was $173,756.
From Rocket Homes Real Estate and based on county public records data.