3799 E 54th St Cleveland, OH 44105
Slavic Village NeighborhoodEstimated payment $789/month
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
Home Equity Realty Group Brokerage Email: garrett.rowan@heqrealty.com, 803-992-1429 License #2017004453 Listed on: 10/04/2025
Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,376 | $20,580 | $3,710 | $16,870 |
| 2023 | $1,085 | $14,000 | $2,590 | $11,410 |
| 2022 | $1,079 | $14,000 | $2,590 | $11,410 |
| 2021 | $1,069 | $14,000 | $2,590 | $11,410 |
| 2020 | $619 | $7,000 | $2,280 | $4,730 |
| 2019 | $574 | $20,000 | $6,500 | $13,500 |
| 2018 | $469 | $7,000 | $2,280 | $4,730 |
| 2017 | $370 | $4,380 | $1,440 | $2,940 |
| 2016 | $368 | $4,380 | $1,440 | $2,940 |
| 2015 | $369 | $4,380 | $1,440 | $2,940 |
| 2014 | $369 | $4,380 | $1,440 | $2,940 |
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
MLS Number: 5162758
APN: 132-10-110
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