Seller's Agent in 2025
Mark Colucci
Keller Williams Citywide
(440) 590-5219
8 in this area
194 Total Sales
3871 E 54th St Cleveland, OH 44105
Slavic Village Neighborhood
4
Beds
2
Baths
2,000
Sq Ft
3,302
Sq Ft Lot
Highlights
- Colonial Architecture
- No HOA
- 1 Car Garage
- Vaulted Ceiling
- Forced Air Heating System
About This Home
As of October 2025CASH FLOWING SECTION 8 RENTAL – $1,600/MO – 4 BED / 2 BATH – 2,000 SQ FT
Great investment opportunity in Cleveland! 3871 E. 54th St is a 4 bedroom, 2 bathroom single-family home with 2,000 sq ft of living space and a tenant already in place paying $1,600/month Section 8.
Tenant pays all utilities – including water and sewer – making this a low-expense, high-return property. Upstairs features huge vaulted ceilings, adding extra appeal for future renters.
At $109,000, this property offers:
• Immediate rental income – $19,200/year gross
• Reliable Section 8 payments direct to owner
• Zero utility costs for landlord
• Easy to manage or perfect for property management
• Home is lead safe certified with city
Perfect for out-of-state investors looking for hands-off cash flow or local landlords wanting steady returns.
POTENTIAL PACKAGE! seller selling 3 other cash flowing properties. 4 total. 3545 Trent Ave. Cleveland, 4302 Daisy Ave. Cleveland, 821 E. 156th ST Cleveland.
Don’t wait – cash-flowing rentals at this price go fast. Contact us today.
Last Agent to Sell the Property
Keller Williams Citywide Brokerage Email: markcolucci@kw.com, 440-590-5219 License #2020004747 Listed on: 08/12/2025
Last Buyer's Agent
Keller Williams Citywide Brokerage Email: markcolucci@kw.com, 440-590-5219 License #2020004747 Listed on: 08/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,565
Year Built
- Built in 1900
Lot Details
- 3,302 Sq Ft Lot
Parking
- 1 Car Garage
- Driveway
Home Design
- Colonial Architecture
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Barkwill Trail Subdivision
Listing and Financial Details
- Assessor Parcel Number 132-11-068
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2025
Closed on
Oct 16, 2025
Sold by
1921 Enterprises Llc
Bought by
Ballard Rental Group Llc
Seller's Agent
Mark Colucci
Keller Williams Citywide
Buyer's Agent
Mark Colucci
Keller Williams Citywide
List Price
$109,000
Sold Price
$104,000
Premium/Discount to List
-$5,000
-4.59%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.31%
Original Mortgage
$87,200
Outstanding Balance
$87,200
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$16,315
Purchase Details
Listed on
Oct 10, 2022
Closed on
Oct 25, 2022
Sold by
Nunez Steven
Bought by
Laforgia Paul G
Seller's Agent
Mark Colucci
Keller Williams Citywide
Buyer's Agent
Mark Colucci
Keller Williams Citywide
List Price
$89,000
Sold Price
$89,000
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Purchase Details
Listed on
Oct 7, 2021
Closed on
Feb 17, 2022
Sold by
Fitzgerald Patricia D
Bought by
Nunez Steven
Seller's Agent
Susan Bradley
Classic Realty Group, Inc.
Buyer's Agent
Mark Colucci
Keller Williams Citywide
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.88%
Original Mortgage
$52,250
Interest Rate
3.55%
Mortgage Type
Balloon
Purchase Details
Closed on
Apr 13, 1999
Sold by
Adamovich Michael and Adamovich Theresa
Bought by
Fitzgerald Patricia D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,650
Interest Rate
7.1%
Purchase Details
Closed on
Jan 1, 1975
Bought by
Adamovich Michael and Adamovich Theresa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $109,000 | Chicago Title | |
| Warranty Deed | $104,000 | Chicago Title | |
| Warranty Deed | $89,000 | Ohio Real Title | |
| Warranty Deed | $55,000 | Chicago Title | |
| Warranty Deed | $47,000 | Transcounty Title Agency Inc | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $87,200 | New Conventional | |
| Previous Owner | $52,250 | Balloon | |
| Previous Owner | $44,650 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/22/2025 10/22/25 | Sold | $104,000 | -4.6% | $52 / Sq Ft | |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- | |
| 08/12/2025 08/12/25 | For Sale | $109,000 | +18.5% | $55 / Sq Ft | |
| 12/05/2023 12/05/23 | Sold | $92,000 | -7.1% | $46 / Sq Ft | View Prior Sale |
| 11/28/2023 11/28/23 | Pending | -- | -- | -- | |
| 11/24/2023 11/24/23 | For Sale | $99,000 | +11.2% | $50 / Sq Ft | |
| 10/28/2022 10/28/22 | Sold | $89,000 | 0.0% | $45 / Sq Ft | View Prior Sale |
| 10/12/2022 10/12/22 | Pending | -- | -- | -- | |
| 10/10/2022 10/10/22 | For Sale | $89,000 | +61.8% | $45 / Sq Ft | |
| 02/18/2022 02/18/22 | Sold | $55,000 | -8.3% | $37 / Sq Ft | View Prior Sale |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- | |
| 11/13/2021 11/13/21 | Price Changed | $59,999 | -7.7% | $41 / Sq Ft | |
| 10/07/2021 10/07/21 | For Sale | $65,000 | -- | $44 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $1,566 | $23,415 | $3,605 | $19,810 |
| 2023 | $1,056 | $13,620 | $2,520 | $11,100 |
| 2022 | $1,050 | $13,620 | $2,520 | $11,100 |
| 2021 | $1,040 | $13,620 | $2,520 | $11,100 |
| 2020 | $1,055 | $11,940 | $2,210 | $9,730 |
| 2019 | $977 | $34,100 | $6,300 | $27,800 |
| 2018 | $974 | $11,940 | $2,210 | $9,730 |
| 2017 | $938 | $11,100 | $1,400 | $9,700 |
| 2016 | $931 | $11,100 | $1,400 | $9,700 |
| 2015 | $935 | $11,100 | $1,400 | $9,700 |
| 2014 | $935 | $11,100 | $1,400 | $9,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Colucci
-
Susan Bradley
Seller's Agent in 2022
Susan Bradley
Classic Realty Group, Inc.
(216) 533-1040
3 in this area
108 Total Sales
-
Frank Ferraro
Seller Co-Listing Agent in 2022
Frank Ferraro
Classic Realty Group, Inc.
(440) 724-0575
4 in this area
112 Total Sales
Map
Source: MLS Now
MLS Number: 5147870
APN: 132-11-068
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