1 day on Rocket
#5138658, Sherry J Rath, Listing office: RE/MAX Results
$209,000 List price
4345 W 48th St Cleveland, OH 44144
4 beds
2 full
2,045 sqft
0.1 acres
$102 / sqft
Multi-Family
Property details
About 4345 W 48th St
Fantastic Investment Opportunity – Updated 3 unit multi family Home! Discover this spacious and well-maintained 3-family home, perfect for investors or owner-occupants looking to generate rental income. Each unit features its own private entrance, offering a great blend of privacy and convenience for tenants. With a total of 3 units, this property includes a mix of 2 and 3 bedroom layouts with a one bedroom efficiency unit at the 3rd floor, generous living areas, full kitchens, and individual utilities. Recent updates throughout the property ensure a turnkey experience, while separate electric and gas meters add to the ease of management. The unit have new carpeting, new vinyl flooring, new cabinets, and counter top. The house has a brand new roof. The full basement offers additional storage space, and the property also includes a two car detached garage, a driveway and off-street parking for tenants. Conveniently located near shopping, dining, public transportation, and major highways, this multi-family home is a smart addition to any real estate portfolio. Whether you're looking to live in one unit and rent the others or lease all three, this property offers flexibility, income potential, and long-term value. Call your favorite realtor and schedule your appointment today.
Highlights
Home typeTriplex
HeatingForced Air
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingCentral Air, Ceiling Fan(s)
Size2,045 sqft
BasementYes
Lot size0.101 Acres
Year built1920
ParkingConcrete, Driveway, Detached, Garage
MLS #5142175
Garage2 spaces
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Concrete, Driveway, Detached, Garage
- Heating: Forced Air
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $209,000
- Price/SqFt: $102
- Annual Tax Amount: $2,528
- Tax Year: 2023
- Directions: Memphis to W 48th
- Year Built: 1920
- Living Area: 2,045 SqFt
- Lot Size: 0.101 Acres
- MLS Number: 5142175
- MLS Name: NOWDD
- Office Name: Keller Williams Elevate
- Office Phone: (216) 287-8500
- Office Email: jhoag@kw.com
- Listing Agent: Jason D Hoag
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: 8/1/2025, 5:15:31 PM 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 |
|---|---|---|
| May 21, 2021 | Home Sold | $135,280 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $32,620 | $2,528 |
| 2022 | $32,620 | $2,640 |
| 2021 | $32,620 | $2,490 |
| 2020 | $25,270 | $2,233 |
| 2019 | $25,280 | $2,068 |
| 2018 | $25,280 | $2,061 |
| 2017 | $23,700 | $2,003 |
History based on county public records data.
Nearby schools
2
Constellation Schools: Old Brooklyn Community Elementary School
Public Charter KG-4
0.6 mi
•4430 State Rd
4
William Rainey Harper IB Candidacy School
Public District PK-3
0.8 mi
•5515 Ira Ave
4
Thoreau Park Elementary School
Public District KG-4
1.7 mi
•5401 W 54th St
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 $38,446. Most Cleveland, OH residents have annual incomes less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
47%
<35k
41%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
19%
Single, with Kids
19%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Boston Market
What do the neighbors drive?
Kia
Nissan
Honda
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 4345 W 48th St
The listing price of 4345 W 48th St property is $209,000.
The property 4345 W 48th St is a multi located in Cleveland, Ohio, 44144.
Accepting Backup Offers: 4345 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 4345 W 48th St are: Constellation Schools: Old Brooklyn Community Elementary School (GreatSchools Rating 2/10), William Rainey Harper IB Candidacy School (GreatSchools Rating 4/10), Thoreau Park Elementary School (GreatSchools Rating 4/10), Constellation Schools: Old Brooklyn Community Middle School (GreatSchools Rating 3/10), Charles A. Mooney School (GreatSchools Rating 5/10), Cleveland Preparatory Academy (GreatSchools Rating 4/10), Rhodes College and Career Academy (GreatSchools Rating 3/10), Rhodes School of Enviornmental Studies (GreatSchools Rating 3/10), Facing History New Tech High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,528 (source: MLS/based on county public records data).
The last sale was on May 21, 2021 for $135,280 (source: MLS/tax record).
The property 4345 W 48th St is 2,045 SqFt (source: MLS/tax record).
The year of construction for 4345 W 48th St is 1920.
This home is located at 4345 W 48th St in Cleveland, OH and zip code 44144 in the Old Brooklyn neighborhood. This 2,045 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $209,000.
While more than 313 listings in Cleveland, OH in July 2025 were sold above asking price, there were more than 101 listings sold at asking price, and more than 332 were sold below. The number of homes for sale in Cleveland, OH increased by 3.7% between June and July 2025. The median list price of listings available in July 2025 was $174,351, while the average time on the real estate market was 33 days.
From Rocket Homes Real Estate and based on county public records data.