3799 E 54th Street, Cleveland, OH 44105
Local realty services provided by:ERA Real Solutions Realty
Listed by:kim lewis
Office:home equity realty group
MLS#:5162758
Source:OH_NORMLS
Price summary
- Price:$131,040
About this home
3799 E 54th St, Cleveland, OH 44105 – Turnkey Duplex | Part of 4-Property Investment Package
Fully occupied and performing above market averages, 3799 E 54th St is a turnkey duplex offering stable cash flow in one of Cleveland’s strongest rental corridors. The property features (2) well-maintained 2-bedroom units, both currently rented for a combined $1,350 per month, exceeding 75% of HUD Fair Market Rent.
This property is being sold as part of a 4-property investment package, offering a balanced mix of cash-flowing and value-add opportunities. The seller has completed full inspections on all four properties, and the portfolio’s list price accounts for renovation and upgrade costs across the assets—positioning the entire package to deliver 8–12% cap rates at 75–90% of FMR.
Property Highlights:
(2) 2-Bedroom Units – Fully Occupied at $1,350/mo
Solid, Income-Producing Asset – Turnkey Ready
Located Near Fleet Ave Corridor and Key Employers
Part of a 4-Property Package – 8–12% Pro Forma Cap Rate Range
Seller-Motivated | Inspections Completed on All Properties
Ideal for investors seeking immediate, proven returns with portfolio-scale upside in Cleveland’s high-demand rental market.
Contact an agent
Home facts
- Year built:1910
- Listing ID #:5162758
- Added:1 day(s) ago
- Updated:October 07, 2025 at 08:44 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1910
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$131,040
- Tax amount:$1,376 (2024)
New listings near 3799 E 54th Street
- New$399,900Active8 beds 4 baths3,072 sq. ft.
4420 Bush Avenue, Cleveland, OH 44109
MLS# 5159668Listed by: RE/MAX ABOVE & BEYOND - New$200,000Active4 beds 2 baths
1616 E 93rd Street, Cleveland, OH 44106
MLS# 5162815Listed by: KELLER WILLIAMS GREATER METROPOLITAN - New$118,000Active4 beds 2 baths1,747 sq. ft.
3405 Roehl Avenue, Cleveland, OH 44109
MLS# 5162829Listed by: PLUM TREE REALTY, LLC - New$315,000Active2 beds 3 baths1,618 sq. ft.
2001 W 58th Street, Cleveland, OH 44102
MLS# 5162012Listed by: COLDWELL BANKER SCHMIDT REALTY - New$57,500Active4 beds 1 baths800 sq. ft.
3644 W 48th Street, Cleveland, OH 44102
MLS# 5162705Listed by: KELLER WILLIAMS CITYWIDE - New$224,900Active5 beds 3 baths3,578 sq. ft.
10112 Kinsman Road, Cleveland, OH 44104
MLS# 5162741Listed by: COLDWELL BANKER SCHMIDT REALTY - New$149,000Active7 beds 3 baths
5806 Fleet Avenue, Cleveland, OH 44105
MLS# 5162773Listed by: HOME EQUITY REALTY GROUP - New$115,000Active4 beds 2 baths
9706 Nelson Avenue, Cleveland, OH 44105
MLS# 5162688Listed by: MEEKS REALTY - New$135,000Active3 beds 1 baths1,296 sq. ft.
3197 W 90th Street, Cleveland, OH 44102
MLS# 5162186Listed by: JDS REALTY