$129,000
$2K PRICE DROP

Estimated payment $789/month

Total Views 5,046
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Kimberly Lewis

Home Equity Realty Group Brokerage Email: garrett.rowan@heqrealty.com, 803-992-1429 License #2017004453 Listed on: 10/04/2025

Co-Listing Agent

Garrett Rowan

Home Equity Realty Group Brokerage Email: garrett.rowan@heqrealty.com, 803-992-1429 License #2025003866

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1910

Parking

  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 2-Story Property
  • 3,502 Sq Ft Lot
  • Basement

Community Details

  • C G Barkwill Trustees Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132-10-110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,376

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1910
  • Attribution Contact: garrett.rowan@heqrealty.com, 803-992-1429
  • Co List Office Phone: 330-952-2244
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: C G Barkwill Trustees
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0804
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Unknown

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 132-10-110

Tax Info

  • Tax Annual Amount: 1376.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Price Changed $129,000 -1.6% --
10/04/2025 10/04/25 For Sale $131,040 -- --
Source: MLS Now

Source: MLS Now

MLS Number: 5162758

MLS Now

APN: 132-10-110