4124 E 148th StreetCleveland, OH 44128

4124 E 148th StreetCleveland, OH 44128

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$117,000 Pending
Residential - Single Family MLS 5184743 Pending
4 beds 1 full baths 1,508 sqft

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This cash-flowing single-family home presents a compelling value-add opportunity for investors seeking both immediate income and long-term upside! The property features 4 bedrooms and 1 updated full bathroom, offering a functional and flexible layout that appeals to a wide tenant pool. The updated kitchen is efficient and practical, providing durable finishes and ample space for everyday use. Downstairs, the partially finished basement adds meaningful bonus space and represents a clear value-add opportunity. A 2-car detached garage adds additional convenience and tenant appeal while reducing street-parking dependency. The home is currently occupied by a long-term tenant in place since 2023, providing stable, in-place cash flow at $1,120 per month on a 12-month lease through 02/28/2026. Located in a well-established Cleveland neighborhood near Lee and Harvard neighborhoods and Miles Playfield, the property benefits from proximity to major roads, public transportation, shopping, schools, and everyday amenities, supporting consistent rental demand. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Whether you're looking to hold for steady cash flow, execute light improvements to increase returns, or add a dependable asset to a growing portfolio, this property offers a strong combination of stability, upside, and location! No wholesalers. No Seller financing. No low ball offers.

4124 E 148th Street | MLS# 5184743

This single family home located at 4124 E 148th Street, Cleveland, OH 44128 is currently listed for sale with an asking price of $117,000. This property was built in 1955 and has 4 bedrooms and 1 full baths with 1508 sq. ft. E 148th Street is located in the Miles-Harvard Park Companys subdivision within the Cleveland Municipal - 1809 school district. Search Miles-Harvard Park Companys real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full, Partially Finished
Basement: Yes
Cooling: Central Air
Days on Market: 22
Garage: 2
Heating: Forced Air
Home Style: Cape Cod
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,575 / year
Year Built: 1955

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 142-05-063
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Source: Delta Media Group, Inc.

Demographics

Cuyahoga County Demographic Information for 4124 E 148th Street, Cleveland, OH 44128
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 819.55 per month $570.84 Principal & Interest $214.58 Property Tax $34.13 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage