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3663 E 54th Street, Cleveland, OH 44105

$114,900
  • 3663 E 54th Street, Cleveland, OH 44105 Main Photo
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Active Price Reduced by $10,000 on May 15th, 2026
BEDS3 BATHS1 full SQUARE FEET1,238 MLS#5204096
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLCleveland Municipal - 1809

Property Description

ATTENTION INVESTORS & FIRST-TIME BUYERS ? Newly refinished, move-in ready 3-bedroom, 1-bath home located in a strong rental corridor with projected returns well above the 1% rent rule. Previously rented through the Section 8 program at over $1,200/month prior to renovations, offering excellent cash flow (well over 1% rule) potential for investors seeking a turnkey addition to their portfolio. This property has been thoughtfully updated with fresh paint and new carpet throughout, granite countertops, and numerous major mechanical improvements including a newer furnace, newer electrical panel, and newer hot water heater, helping to reduce immediate maintenance concerns and capital expenditures. The home offers a functional layout, solid rental history potential, and an affordable entry point into homeownership or real estate investing. Ideal for: Buy-and-hold investors Section 8 investors Cash-flow focused portfolios First-time homebuyers looking to build equity instead of rent Vacant and easy to show. Priced aggressively for a quick sale. Opportunities at this price point with this level of updates and income potential are becoming increasingly difficult to find in today's market.

3663 E 54th Street | MLS# 5204096

This single family home located at 3663 E 54th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $114,900. This property was built in 1910 and has 3 bedrooms and 1 full baths with 1238 sq. ft. E 54th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.progressiveurban.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Garage: 1
Heating: Forced Air, Gas
Home Style: Colonial
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,285 / year
Year Built: 1910

Feature Descriptions

Days on Site: 19
Exterior: Aluminum Siding
Laundry: In Basement
Parcel#: 131-35-070
Parking: Driveway, Detached, Garage, Paved
Sewer: Public Sewer
Water: Public

Room Sizes

Bedroom: 11 X 12 Level - Second
Primary Bedroom: 14 X 12 Level - Second
Dining Room: 10 X 11 Level - First
Eat-in Kitchen: 14 X 13 Level - First
Living Room: 12 X 12 Level - First
Bedroom: 8 X 12 Level - First

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: ADT Realty Brokers
Agency Contact: 260-341-0098, amyallenrealtor@gmail.com

Shown By

Agency Title: Progressive Urban Real Estate
Agency Phone: (216) 619-9696

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Estimated Payment

$ 396.31 per month $255.72 Principal & Interest $107.08 Property Tax $33.51 Homeowner's Insurance

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