On Market

1960 W 48th St

Cleveland, OH 44102, USA

List price

$185,000

4

beds

1.5

baths

1,718

sq ft

1990-01-01

built

Multi-Family

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Story

REZONE DUPLEX INTO SFH TO REACH MAX ARV -full gut needed down to studs, electric, plumbing, mechanicals, renovation/interior design -an added bathroom would bring to full potential out of ARV ARV ~480k Reno ~90-95k COMPS- 1873 W 54th sold for 650k 8/14/25 3/3 1824sqft (Extra bathroom, less bedroom) 1864 W 50th sold for 405k 11/19/25 3/2 1624 (Smaller and not as nicely renovated) 4201 Woodbine Ave sold 530k 7/2/26 4/4.5 1920sqft (Larger with extra bathroom, very nicely renovated so 50k deduction to our ARV is determined) RENT- 1958 W 47th rented for 2 years at $2500/mo, recent price increase to $3500/mo 1799 W 48th listed for rent at $2700/mo 1804 W 45th St rented for a year at $2590/mo, relisted for $2500/mo -Market shows about $2600 for a premium renovated home in the area

Property details

13 details the seller has shared

13 fields

Property

· The bones — what the buyer sees first

Bedrooms

4

Full baths

1

Half baths

1

Finished sq ft

1,718 sq ft

Year built

1990

Units

2

Property type

Multi-Family

Occupancy

Vacant

Condition (1–5)

1

Financials

· What it earns and what it costs to hold

Monthly rent

$2,600 /mo

ARV (after repair)

$460,000

Monthly cash flow

$2,600 /mo

History & terms

· Past sales, updates, and deal mechanics

Reason for sale

Tired of being a landlord

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