3871 E 54th Street, Cleveland, OH 44105
Local realty services provided by:ERA Real Solutions Realty
Listed by:mark a colucci
Office:keller williams citywide
MLS#:5147870
Source:OH_NORMLS
Price summary
- Price:$109,000
- Price per sq. ft.:$54.5
About this home
CASH FLOWING SECTION 8 RENTAL – $1,600/MO – 4 BED / 2 BATH – 2,000 SQ FT
Great investment opportunity in Cleveland! 3871 E. 54th St is a 4 bedroom, 2 bathroom single-family home with 2,000 sq ft of living space and a tenant already in place paying $1,600/month Section 8.
Tenant pays all utilities – including water and sewer – making this a low-expense, high-return property. Upstairs features huge vaulted ceilings, adding extra appeal for future renters.
At $109,000, this property offers:
• Immediate rental income – $19,200/year gross
• Reliable Section 8 payments direct to owner
• Zero utility costs for landlord
• Easy to manage or perfect for property management
• Home is lead safe certified with city
Perfect for out-of-state investors looking for hands-off cash flow or local landlords wanting steady returns.
POTENTIAL PACKAGE! seller selling 3 other cash flowing properties. 4 total. 3545 Trent Ave. Cleveland, 4302 Daisy Ave. Cleveland, 821 E. 156th ST Cleveland.
Don’t wait – cash-flowing rentals at this price go fast. Contact us today.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:5147870
- Added:49 day(s) ago
- Updated:October 01, 2025 at 07:18 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,000 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Building area:2,000 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$109,000
- Price per sq. ft.:$54.5
- Tax amount:$1,565 (2024)
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