3946 E 54th St Newburgh Heights, OH 44105
Estimated payment $1,099/month
About This Home
Excellent Investment Opportunity in Newburgh Heights! Not only is it well maintained throughout its life, but it is on a charming street corner with a large back yard and garage! This fully tenant-occupied (one long-term) duplex is a cash-flowing asset from day one, perfect for investors seeking immediate returns. The up two 2-bedroom, 1-bath units has been updated with brand-new appliances, including a stove and refrigerator, enhancing tenant satisfaction and reducing near-term maintenance costs. Laundry is conveniently located in the basement with a washer and dryer provided. Situated in the historic and peaceful village of Newburgh Heights, this property offers tenants a desirable community with a low cost of living. The neighborhood's prime location provides easy access to major highways, putting tenants just minutes from the amenities of Downtown Cleveland while enjoying a quieter, suburban feel. For investors, Newburgh Heights represents a stable and appreciating market; home values in the area have seen a significant increase over the past year, and the rental market is considered hot with rising demand. This duplex is a solid choice to begin or expand your portfolio, combining the benefits of a turnkey, income-producing property with the long-term growth potential of a well-positioned community.
Listing Agent
Keller Williams Citywide Brokerage Email: christie@bellaandday.com, 216-744-4658 License #2017002876 Listed on: 11/11/2025
Co-Listing Agent
Keller Williams Citywide Brokerage Email: christie@bellaandday.com, 216-744-4658 License #2023000334
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,139
Year Built
- Built in 1905
Parking
- Detached Garage
Home Design
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
Additional Features
- 2-Story Property
- 3,681 Sq Ft Lot
- Unfinished Basement
Community Details
- South End Realty Cos East 55T Subdivision
Listing and Financial Details
- Assessor Parcel Number 511-16-064
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 | $2,139 | $26,565 | $4,585 | $21,980 |
| 2023 | $1,571 | $14,740 | $2,980 | $11,760 |
| 2022 | $1,567 | $14,740 | $2,980 | $11,760 |
| 2021 | $1,557 | $14,740 | $2,980 | $11,760 |
| 2020 | $1,657 | $13,760 | $2,770 | $10,990 |
| 2019 | $1,567 | $39,300 | $7,900 | $31,400 |
| 2018 | $1,563 | $13,760 | $2,770 | $10,990 |
| 2017 | $693 | $4,800 | $3,120 | $1,680 |
| 2016 | $690 | $4,800 | $3,120 | $1,680 |
| 2015 | $1,957 | $4,800 | $3,120 | $1,680 |
| 2014 | $3,433 | $5,220 | $3,400 | $1,820 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $175,000 | +29.6% | -- | |
| 09/08/2023 09/08/23 | Sold | $135,000 | +2.4% | $67 / Sq Ft | View Prior Sale |
| 08/10/2023 08/10/23 | Pending | -- | -- | -- | |
| 08/03/2023 08/03/23 | For Sale | $131,900 | -- | $65 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Coastal Title | |
| Deed | $135,000 | Coastal Title | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Freedom Title | |
| Quit Claim Deed | -- | Freedom Title | |
| Quit Claim Deed | -- | Freedom Title | |
| Limited Warranty Deed | $14,900 | None Available | |
| Sheriffs Deed | $79,484 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $108,000 | Credit Line Revolving |
Source: MLS Now
MLS Number: 5170721
APN: 511-16-064
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 5412 Orey Ave
- 5416 Orey Ave
- 4017 E 54th St
- 4026 E 52nd St
- 3819 E 54th St
- 3821 E 55th St
- 3831 E 50th St
- 4099 E 56th St
- 3799 E 54th St
- 3803 E 50th St
- 5806 Fleet Ave
- 4609 Pearse Ave
- 6401 Gertrude Ave
- 6511 Lansing Ave
- 6618 Collier Ave
- 6415 Gertrude Ave
- 3721 E 50th St
- 4101 E 64th St
- 3716 E 50th St
- 3719 E 57th St
- 3862 E 57th St Unit 2
- 3823 E 54th St
- 4111 E 59th St Unit 2
- 5213 Fleet Ave Unit REAR UNIT
- 4502 Mcgregor Ave Unit Up
- 3664 E 52nd St
- 3635 E 49th St Unit Down
- 3635 E 49th St Unit Up
- 7006 Worley Ave Unit Down
- 6923 Classen Ave Unit 1st Floor
- 3641 Independence Rd
- 3620 E 63rd St Unit Back unit
- 4125 E 71st St Unit 3
- 6729 Forman Ave Unit 4
- 6726 Kazimier Ave
- 7523 Osage Ave Unit DOWN
- 3660 E 76th St Unit Up
- 3660 E 76th St Unit Down
- 3443 Regent Rd Unit 1
- 6922 Morgan Ave