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.
For sale
Price cut: $2K (11/24)
$129,000
3799 E 54th St, Cleveland, OH 44105
4beds
--sqft
Est.:
Duplex, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 68 days |
- 125 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 07:33am
Listing Provided by:
Kim Lewis 803-992-1429 garrett.rowan@heqrealty.com,
Home Equity Realty Group,
Garrett Rowan 803-992-1429,
Home Equity Realty Group
Source: MLS Now,MLS#: 5162758
Originating MLS: Wayne Holmes Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Basement: Concrete
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,502.22 Square Feet
Details
- Parcel number: 13210110
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Unknown
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: C G Barkwill Trustees
Location
- Region: Cleveland
Financial & listing details
- Tax assessed value: $58,800
- Annual tax amount: $1,376
- Date on market: 10/7/2025
- Cumulative days on market: 72 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Price change | $129,000-1.6% |
Source: | ||
| 10/7/2025 | Listed for sale | $131,040+74.7% |
Source: | ||
| 12/13/2022 | Listing removed | -- |
Source: | ||
| 8/16/2022 | Listed for sale | $75,000+87.5% |
Source: | ||
| 12/14/2021 | Sold | $40,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,376 +26.8% | $20,580 +47% |
| 2023 | $1,085 +0.6% | $14,000 |
| 2022 | $1,079 +0.9% | $14,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$754/mo
Principal & interest
$500
Property taxes
$209
Home insurance
$45
Climate risks
Neighborhood: South Broadway
Nearby schools
GreatSchools rating
- 4/10Mound Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 4/10Tremont Montessori SchoolGrades: PK-8,11Distance: 2.5 mi
- 5/10Albert Bushnell HartGrades: PK-8Distance: 0.9 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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