3946 E 54th St Newburgh Heights, OH 44105
Estimated payment $1,084/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
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