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

3640 W 47th St, Cleveland, OH, 44102

5beds
1baths
1,707sqft
$169,000
$99price/sqft
$1,488/moest. monthly cost
$59,520/yrincome needed

About This Home

Turnkey investment opportunity in one of Cleveland’s highly sought-after west side neighborhoods! This fully remodeled 5-bedroom, 1-bathroom property has been thoughtfully rehabbed prior to tenant placement, offering a seamless addition to any investor’s portfolio. With a tenant already in place paying approximately $1,853/month, this property delivers immediate cash flow from day one—no renovations, no vacancy, just income. The spacious layout, modern updates, and strong rental demand in the area make this a solid long-term hold. Whether you’re a seasoned investor or looking to secure your next income-producing asset, this is an opportunity you don’t want to miss. Add this cash-flowing property to your portfolio today!

Getting Around

56
WalkingSomewhat Walkable
32
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

5/10
Denison PreK-8 SchoolGrades PK-80.9 mi
3/10
Max S Hayes High SchoolGrades 3-5,9-121.2 mi
8/10
Clark SchoolGrades PK-81.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1904

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area above ground: 1,707

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,707
  • Total interior livable area: 1,707 sqft

Property

Details

  • Parcel number: 01622037
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,373 sqft

Parking

  • Parking features: Driveway
  • Has garage: Yes

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 WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
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 $854$10,248
Home Insurance *$175$2,100
Property Taxes $266$3,192
Electricity $193$2,320
Total$1,488$17,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,017/yr
40% on housing$44,640/yr
45% on housing$39,680/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

$99This 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
2026-03-20Listed for sale$169,000
2025-12-25Listing removed$1,975
2025-12-19Listed for rent$1,975
2025-12-19Listing removed$1,975
2025-12-09Price change$1,975
2025-11-28Price change$1,825
2025-11-12Listed for rent$1,850
2025-09-24Sold$104,000
2025-08-26Pending sale$99,900
2025-08-25Listed for sale$99,900

For Sale by Agent

AgentAlexys Jones
BrokerageKeller Williams Greater Metropolitan

Similar Homes