5405 Caleb Court – Turnkey Investment Opportunity!
This 2-bedroom, 1-bath property is the perfect entry point for investors looking to break into the Cleveland market. Currently rented at $875/month with a long-term tenant on lease through March 2026, this home easily exceeds the 1% rule at an attractive asking price of $59,900.
Recent updates include a brand-new roof installed in October 2025, offering peace of mind and reduced maintenance costs for years to come. The property will also be delivered with lead-paint certification, ensuring compliance and safety.
Whether you’re building your portfolio or seeking your first Cleveland investment, this is a cash-flowing, hassle-free addition in a solid rental area.
Contact your favorite Realtor today for more details or to schedule a showing!
For sale
$59,900
5405 Caleb Ct, Cleveland, OH 44127
2beds
752sqft
Est.:
Single Family Residence
Built in 1870
3,001.28 Square Feet Lot
$-- Zestimate®
$80/sqft
$-- HOA
What's special
Brand-new roof
- 46 days |
- 499 |
- 51 |
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 11:18am
Listing Provided by:
Keyano Burgess 216-252-6580 marketing@lokalrealestate.com,
Lokal Real Estate, LLC.
Source: MLS Now,MLS#: 5167418
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 752
- Total interior livable area: 752 sqft
- Finished area above ground: 752
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: One and One Half
Lot
- Size: 3,001.28 Square Feet
Details
- Parcel number: 13123042
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Morgan
HOA
- Has HOA: No
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $80/sqft
- Tax assessed value: $43,900
- Annual tax amount: $1,028
- Date on market: 10/25/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2025 | Listed for sale | $59,900+36.4%$80/sqft |
Source:  MLS Now #5167418 Report a problem | ||
| 3/10/2023 | Sold | $43,900+778%$58/sqft |
Source: Public Record Report a problem | ||
| 6/9/2020 | Sold | $5,000+150%$7/sqft |
Source: Public Record Report a problem | ||
| 10/8/2015 | Sold | $2,000-97.3%$3/sqft |
Source: Public Record Report a problem | ||
| 6/20/2005 | Sold | $75,000+2042.9%$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,028 +294.5% | $15,370 +357.4% |
| 2023 | $260 +0.6% | $3,360 |
| 2022 | $259 +1% | $3,360 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$350/mo
Principal & interest
$232
Property taxes
$97
Home insurance
$21
Climate risks
Neighborhood: North Broadway
Nearby schools
GreatSchools rating
- 4/10Mound Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 3/10East Technical High SchoolGrades: 2,5-7,9-12Distance: 1.8 mi
- 4/10Anton GrdinaGrades: PK-8Distance: 1.1 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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