3799 E 54th Street, Cleveland, OH 44105
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: kim lewis, garrett rowan
Office: home equity realty group
MLS#:5162758
Source:OH_NORMLS
Price summary
- Price:$129,000
About this home
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 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.
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Home facts
- Year built:1910
- Listing ID #:5162758
- Added:93 day(s) ago
- Updated:January 09, 2026 at 03:11 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:$129,000
- Tax amount:$1,376 (2024)
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