BEDS3
BATHS2 full
MLS#5162758
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONC G Barkwill Trustees
SCHOOLCleveland Municipal - 1809
Property Description
Seller is open to all reasonable offers - 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 812% cap rates at 7590% 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 812% 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete
Cooling: None
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,376 / year
Year Built: 1910
Feature Descriptions
Days on Site: 157
Exterior: Unknown
Parcel#: 132-10-110
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Home Equity Realty Group
Agency Contact: garrett.rowan@heqrealty.com, 803-992-1429
Shown By
Agency Title: Progressive Urban Real Estate
Agency Phone: (216) 619-9696
Estimate Your Payment
Estimated Payment
$ 414.22 per month $264.84 Principal & Interest $114.67 Property Tax $34.71 Homeowner's Insurance
3799 E 54th Street | MLS# 5162758
This multi-family property located at 3799 E 54th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $119,000. E 54th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.progressiveurban.com today.