5405 Caleb Ct Cleveland, OH 44127
North Broadway NeighborhoodEstimated payment $402/month
Highlights
- No HOA
- Bungalow
- Forced Air Heating System
About This Home
5405 Caleb Court – Turnkey Investment Opportunity! This 2-bedroom, 1-bath property is the perfect entry point for investors looking to break into the Cleveland market. Currently rented at $875/month with a long-term tenant on lease through March 2026, this home easily exceeds the 1% rule at an attractive asking price of $59,900. Recent updates include a brand-new roof installed in October 2025, offering peace of mind and reduced maintenance costs for years to come. The property will also be delivered with lead-paint certification, ensuring compliance and safety. Whether you’re building your portfolio or seeking your first Cleveland investment, this is a cash-flowing, hassle-free addition in a solid rental area. Contact your favorite Realtor today for more details or to schedule a showing!
Listing Agent
Lokal Real Estate, LLC. Brokerage Email: 216-252-6580, marketing@lokalrealestate.com License #2022000189 Listed on: 10/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,028
Year Built
- Built in 1870
Lot Details
- 3,001 Sq Ft Lot
Parking
- Driveway
Home Design
- Bungalow
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 752 Sq Ft Home
- 1.5-Story Property
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Morgan Subdivision
Listing and Financial Details
- Assessor Parcel Number 131-23-042
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 | $1,028 | $15,365 | $2,345 | $13,020 |
| 2023 | $260 | $3,360 | $1,540 | $1,820 |
| 2022 | $259 | $3,360 | $1,540 | $1,820 |
| 2021 | $257 | $3,360 | $1,540 | $1,820 |
| 2020 | $263 | $2,980 | $1,370 | $1,610 |
| 2019 | $244 | $8,500 | $3,900 | $4,600 |
| 2018 | $122 | $2,980 | $1,370 | $1,610 |
| 2017 | $205 | $2,420 | $1,300 | $1,120 |
| 2016 | $203 | $2,420 | $1,300 | $1,120 |
| 2015 | $3,651 | $2,420 | $1,300 | $1,120 |
| 2014 | $3,651 | $2,420 | $1,300 | $1,120 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2025 10/25/25 | For Sale | $59,900 | -- | $80 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $43,900 | American Patriot Title | |
| Warranty Deed | $28,000 | American Patriot Title | |
| Warranty Deed | $5,000 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $2,000 | None Available | |
| Warranty Deed | $75,000 | South | |
| Deed | $3,500 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $67,500 | Fannie Mae Freddie Mac |
Source: MLS Now
MLS Number: 5167418
APN: 131-23-042
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