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1845 W 48th St
1845 W 48th St
Cleveland, Ohio 44102
About
Property originally listed for sale on the marketplace by CLE Airbnb, LLC. Click here to learn more about how third parties sell their properties on the Lofty Marketplace.
NOTE - Title to the property is currently vested in the previous Property Manager, Yhome Nursing LLC ℅ Calixte Duffaut.
- Owners voted to sell the property to Yhome Nursing LLC. See the "Property Updates" section below for more details.
- Refinance/sale proceeds and security deposits totaling $72,683.10 is currently being withheld by Calixte Duffaut.
- DAO Funds Lent to EARLDAO: $72,683.10
- Unpaid Bills Due to Aligned: $2,089.25
- Universal Lending DAO Balance: $8,958.02
- DAO Net Cash: $63,352.05
- View Owner Statement
- View Financial Reconciliation Details
- The Operating Reserve structure and related information will be updated upon completion of the property management transition from Yhome Nursing LLC to ECO Systems LLC.
2-Unit property (Duplex) located in Cleveland, Ohio.
Details
- Upper unit was recently renovated with an updated kitchen, LVT flooring, paint, bathroom, and light fixtures
- Flat roof at the back of the house was replaced in 2020
- Large living/family room with lots of natural light and private home feel
- Located just a few blocks from a brewery, coffee shop, and other restaurants
- Lower unit kitchen has a dropped ceiling, which is a secondary ceiling hung below the main (structural) ceiling. This can be viewed on picture 15 and will likely be replaced with a new dropped ceiling in a few years if necessary for around $500, per the seller's estimate.
Property Management and Insurance
- Managed by ECO Systems LLC
- Insurance Policy through Obie Insurance
Occupancy Status
- Upper Unit
- Vacant
- Lower Unit
- 1 year lease (04/01/2025 - 03/31/2026)
- $1,195/month
- $1,195 Security Deposit
- Lease Agreement
Location Data
Due Diligence Documents
- HouseCanary Property Valuation Report (HouseCanary valuations are less accurate for 2+ Unit properties, like this property)
- Inspection Report
- Inspection Report Repairs
- Purchase Agreement
- Operating Agreement
- Closing Statement
- View All Documents
- View All Updates
Property Management
ECO Systems LLC
ECO Systems LLC is a property management company specializing in residential rental properties across the Midwest and East Coast. With a diverse portfolio spanning Ohio, Illinois, New York, and Florida, ECO Systems focuses on hands-on property management, tenant relations, and maximizing returns for co-owners. The team manages properties ranging from single-family homes to small multifamily buildings, with a particular focus on affordable housing markets with strong rental demand.
Due Diligence Documents
About this offering
The Market
Cleveland, Ohio
Cleveland offers some of the most affordable housing of any major U.S. metro, backed by world-class healthcare employers like Cleveland Clinic and University Hospitals, plus Case Western Reserve University. West Side neighborhoods offer easy access to downtown, Lake Erie beaches, and the Metroparks. Playhouse Square, three pro sports teams, and the RTA rapid transit line add to the appeal, while a large renter population supports steady demand.
Property Updates
July 2026 Financial Update
Cash Flow Statement
Income
Rent: $0.00
Repairs and reimbursements: $0.00
Other income: $0.00
Total income: $0.00
Property expenses
Taxes and insurance: $0.00
Administration: $0.00
Property management: $0.00
Other property costs: $0.00
Total expenses: $0.00
Net operating income: $0.00
Current Financial Summary — July 31, 2026
Bank cash: pending bank reconciliation
Unpaid bills: $0.00
Cash remaining after recorded bills: $0.00
Repair-reserve reimbursement still needed: $8,133.72
Amount owed to the property: $0.00 recorded
If anything looks wrong, please email ecosystemspm@gmail.com.
Earl Co
ECO Systems LLC
Investor Reviews
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Share price
1845 W 48th St
Cleveland, Ohio 44102
About
Property originally listed for sale on the marketplace by CLE Airbnb, LLC. Click here to learn more about how third parties sell their properties on the Lofty Marketplace.
NOTE - Title to the property is currently vested in the previous Property Manager, Yhome Nursing LLC ℅ Calixte Duffaut.
- Owners voted to sell the property to Yhome Nursing LLC. See the "Property Updates" section below for more details.
- Refinance/sale proceeds and security deposits totaling $72,683.10 is currently being withheld by Calixte Duffaut.
- DAO Funds Lent to EARLDAO: $72,683.10
- Unpaid Bills Due to Aligned: $2,089.25
- Universal Lending DAO Balance: $8,958.02
- DAO Net Cash: $63,352.05
- View Owner Statement
- View Financial Reconciliation Details
- The Operating Reserve structure and related information will be updated upon completion of the property management transition from Yhome Nursing LLC to ECO Systems LLC.
2-Unit property (Duplex) located in Cleveland, Ohio.
Details
- Upper unit was recently renovated with an updated kitchen, LVT flooring, paint, bathroom, and light fixtures
- Flat roof at the back of the house was replaced in 2020
- Large living/family room with lots of natural light and private home feel
- Located just a few blocks from a brewery, coffee shop, and other restaurants
- Lower unit kitchen has a dropped ceiling, which is a secondary ceiling hung below the main (structural) ceiling. This can be viewed on picture 15 and will likely be replaced with a new dropped ceiling in a few years if necessary for around $500, per the seller's estimate.
Property Management and Insurance
- Managed by ECO Systems LLC
- Insurance Policy through Obie Insurance
Occupancy Status
- Upper Unit
- Vacant
- Lower Unit
- 1 year lease (04/01/2025 - 03/31/2026)
- $1,195/month
- $1,195 Security Deposit
- Lease Agreement
Location Data
Due Diligence Documents
- HouseCanary Property Valuation Report (HouseCanary valuations are less accurate for 2+ Unit properties, like this property)
- Inspection Report
- Inspection Report Repairs
- Purchase Agreement
- Operating Agreement
- Closing Statement
- View All Documents
- View All Updates
Property Management
ECO Systems LLC
ECO Systems LLC is a property management company specializing in residential rental properties across the Midwest and East Coast. With a diverse portfolio spanning Ohio, Illinois, New York, and Florida, ECO Systems focuses on hands-on property management, tenant relations, and maximizing returns for co-owners. The team manages properties ranging from single-family homes to small multifamily buildings, with a particular focus on affordable housing markets with strong rental demand.
Due Diligence Documents
Offering Details
The Market
Cleveland, Ohio
Cleveland offers some of the most affordable housing of any major U.S. metro, backed by world-class healthcare employers like Cleveland Clinic and University Hospitals, plus Case Western Reserve University. West Side neighborhoods offer easy access to downtown, Lake Erie beaches, and the Metroparks. Playhouse Square, three pro sports teams, and the RTA rapid transit line add to the appeal, while a large renter population supports steady demand.
Property Updates
July 2026 Financial Update
Cash Flow Statement
Income
Rent: $0.00
Repairs and reimbursements: $0.00
Other income: $0.00
Total income: $0.00
Property expenses
Taxes and insurance: $0.00
Administration: $0.00
Property management: $0.00
Other property costs: $0.00
Total expenses: $0.00
Net operating income: $0.00
Current Financial Summary — July 31, 2026
Bank cash: pending bank reconciliation
Unpaid bills: $0.00
Cash remaining after recorded bills: $0.00
Repair-reserve reimbursement still needed: $8,133.72
Amount owed to the property: $0.00 recorded
If anything looks wrong, please email ecosystemspm@gmail.com.
Earl Co
ECO Systems LLC
Investor Reviews
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Not paying rent right now
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Monthly Cash Flow
$0.00
Monthly Rent
$0.00
Monthly Expenses
$0.00
Paid to investors
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.