See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1960 W 48th St, Cleveland, OH, 44102

4beds
2baths
1,718sqft
$214,900
$125price/sqft
$1,840/moest. monthly cost
$73,600/yrincome needed

About This Home

Opportunity knocks in Ohio City. This home has been gutted, with much of the hard work already completed including new roof, gutters, siding and windows installed. While currently zoned two family it could be renovated to your specifications into a deluxe single family or an upscale multi-family. The bones are good with flat floors and a full basement all that it needs is your creativity. Central Ohio City location with the Market District to the east, Gordon Square and Edgewater park to the north and the quickly growing Lorain Ave retail district a half block to the south. Easy access to downtown and University Circle via the Lakefront Shoreway or I 90. Bike/walk the Redline Greenway and connect in to the Towpath Trail. Don't let this one slip away!

Getting Around

82
WalkingVery Walkable
53
TransitGood Transit
75
BikeVery Bikeable

Schools

3/10
Waverly Elementary SchoolGrades PK-80.3 mi
5/10
Orchard SchoolGrades PK-80.3 mi

Construction

Condition

  • Property condition: Unknown
  • Year built: 1900

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Double Pane Windows
  • Finished area above ground: 1,718

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,718
  • Total interior livable area: 1,718 sqft

Property

Details

  • Parcel number: 00234068
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 3,963 sqft
  • Features: Back Yard

Parking

  • Parking features: On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,086$13,032
Home Insurance *$223$2,676
Property Taxes $338$4,056
Electricity $193$2,320
Total$1,840$22,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,085/yr
40% on housing$55,200/yr
45% on housing$49,066/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$125This listing

vs Other Active Listings

Avg $/sqft

ZIP 44102$128
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44102$107
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-27Listed for sale$214,900
2023-08-30Sold$126,300

For Sale by Agent

AgentDavid S Sharkey
BrokerageProgressive Urban Real Estate Co

Similar Homes