Property Description

Strong investment opportunity with immediate cash flow and high value-add potential. This fully occupied property at 3799 E 54th features in-place tenants paying $1,350 per month, providing stable, consistent income from day one. Tenants are responsible for all utilities, helping keep operating expenses low and improving overall returns. The property offers clear upside through a partially finished third floor, creating the opportunity to add a third bedroom to the upper unit and significantly increase rental income and overall property value. With strong rental demand in the area, this presents an ideal scenario for both cash flow and appreciation. Conveniently located near major highways, shopping, and local amenities, this is a solid addition to any portfolio. Ideal for investors seeking a performing asset with built-in upside and minimal operational complexity. Buyer to verify all information.

3799 E 54th Street | MLS# 5200685

This multi-family property located at 3799 E 54th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $109,900. E 54th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 3954delwooddrive.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Cooling: Window Unit(s)

Days on Market: 1

Heating: Forced Air

Lot Size: 0.08 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $1,376 / year

Year Built: 1910

Feature Descriptions

Exterior: Fiber Cement

Parcel#: 132-10-110

Parking: Driveway, Off Street, On Street

Sewer: Public Sewer

Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3799 E 54th Street, Cleveland, OH 44105

Fips

Fips Code 39035

Population

2020 to 2023 Change down 2.5%

2010 Count 1,280,122

2020 Count 1,264,817

2023 Estimate (V2023) 1,233,088

2020 Estimate (V2023) 1,264,775

Age Distribution (Years Old)

0 to 4 5.3%

5 to 17 20.3%

18 to 64 54.8%

65 and Older 19.6%

Gender

Male 48.1%

Female 51.9%

Place of Birth

Foreign 7.6%

US 92.4%

Education

High School Graduate, Age 25+ 90.9%

Bachelor's Degree or Higher, Age 25+ 35.2%

Computer and Internet use

Households with a computer 92.0%

Households with a broadband Internet subscription 85.7%

Language

English is Second Language, Age 5+ 12.3%

English is First Language, Age 5+ 87.7%

Veterans

Veterans 60,427

Income

Per Capita Income $39,807

Median Household Income $60,074

People in Poverty 16.6%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 615,116

Households 552,421

Average Household Size 2.23

Owner-Occupied 58.4%

Multi-Family 34.9%

Owner-Occupied Median Value $168,700

Median selected monthly owner costs -with a mortgage $1,472

Median selected monthly owner costs -without a mortgage $630

Median gross rent $952

Building Permits

New Private Housing Issued 2023 1,028

Years at Residence

1 Year or More 86.1%

Less Than 1 Year 13.9%

Business and Employment

Private non-farm Establishments 31,738

Private non-farm Employment 631,443

Private non-farm Employment Growth up 0.7%

Nonemployer Establishments 105,877

Number of Firms 114,192

Business Production

Value of Shipments $23,225,392,000

Wholesale Trade $24,854,217,000

Retail Trade $16,920,714,000

Retail Sales Per Capita $11,914

Accommodation and Food Services $3,332,698,000

Land

Land Area 457.19 sq. miles

Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 705.33 per month $558.61 Principal & Interest $114.67 Property Tax $32.05 Homeowner's Insurance

Change Payment Information

Real estate agents ready to serve you | Browse homes and real estate for sale

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 04/16/2026. The listing information on this page last changed on 04/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/16/2026 11:15:11 AM EST) or Dayton MLS (last updated Thu 04/16/2026 11:12:43 AM EST) or CBRMLS (last updated Thu 04/16/2026 11:11:08 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Thu 04/16/2026 11:10:37 AM EST) or NKY MLS (last updated Thu 04/16/2026 11:14:01 AM EST) or Wrist MLS (last updated Thu 04/16/2026 11:14:37 AM EST) or Firelands MLS (last updated Thu 04/16/2026 11:11:58 AM EST) or MLS NOW (last updated Thu 04/16/2026 11:13:34 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

© MLS Now, INC - Northern Ohio Regional Multiple
Listing data compilation and photo(s) © 2026 - Multiple Listing Service, Inc. – All Rights Reserved
The photos may be altered, edited, enhanced or virtually staged.

The Cutler Real Estate® word mark is a registered trademark owned by Cutler and Associates, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility

Sitemap

3799 E 54th StreetCleveland, OH 44105