1922 W 47th Ave, Cleveland, OH, 44102
About This Home
2 of the 5 smaller townhomes spoken for. 3 remaining! Interior photos are of a mostly-completed-unit extremely similar to this unit which isn’t as far along. Welcome to the Gramercy Townhome Development! Brand new, will be tax-abated, and perfectly positioned in Ohio City! Never-been-lived-in 2-bedroom, 2.5-bath TH offers one of the final opportunities to secure a FULL 15-year tax abatements, keeping your monthly payment approachable. Thoughtfully designed and refreshingly complete, this townhome checks every box. Inside, you’ll find soaring ceilings, energy-efficient vinyl windows, wide-plank luxury vinyl flooring throughout, and a beautifully finished kitchen with quartz countertops, full appliance package, and soft-close cabinetry. Units offer either classic white with black hardware or a warm "greyson" tone (think brown/grey) paired with brushed nickel. Unlike many new builds, this home comes fully equipped with all appliances, including washer and dryer, plus installed window treatments. The layout offers two spacious bedrooms, each serviced by its own bath along with a half bath for guests. An attached 2-car garage adds rare functionality while the showstopper awaits above. A private rooftop deck with 360-degree views perfect for entertaining or unwinding against Cleveland’s skyline sunsets. Part of an intimate 11-townhome community with two distinct floorplans and price points, this development delivers flexibility without sacrificing style. The low $100/month maintenance fee covers snow removal, trash, and common area upkeep, keeping ownership simple and predictable. Location? Just steps from the energy of Lorain Avenue and Gordon Square. Think local bookstores, cozy cafés, pizza spots and even the Redline Greenway bike trail. With one of the most attainable price points for new construction in the area, paired with full tax abatement and turnkey living, opportunities like this are both rare and fleeting! Select units available for closing as early as May.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Roof: Flat
- Construction materials: Brick
Type & Style
- Home type: Townhouse
- Property subType: Townhouse,Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Microwave,Range,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Features
- Finished area above ground: 1,356
Heating & Cooling
- Heating features: Forced Air,Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,356
- Total interior livable area: 1,356 sqft
Property
Details
- Parcel number: TBD
- Special condition: Standard
Features
- Levels: Three Or More
Lot
- Lot size: 1,306 sqft
Parking
- Total spaces: 2
- Parking features: Attached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $415 | $4,980 |
| Property Taxes | $629 | $7,548 |
| Electricity | $193 | $2,320 |
| Total | $3,259 | $39,108 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Listed for sale | $400,000 |
New Construction
View on Zillow