About This Home

This 3-bedroom, 1-bathroom single family at 3707 E 54th Street in Cleveland, OH is listed for $105,000 ($73 per sqft). Built in 1910, the home offers 1,440 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1910
  • 0.10 acre lot

Property Details

1 story
1 full
2-car garage
1910

Amenities

A/C
Listing Description

Excellent Rental Property Purchase - this one of 3 is a 1,440 sq. ft. Cape Cod featuring 3 bedrooms, 1 bathroom, a full basement, and a detached 2-car garage. Offered individually at $105,000 ONLY as part of a 3-property Investment Portfolio Package for $315,000 total.

Full Portfolio Purchases only. All 3 Properties are Strictly Included a single sale - this equals 3 Single Family Rental Properties with tenants in place! One package asset is already CMHA subsidized, providing guaranteed income stability. This high-performance portfolio generates a $47,724.00 Gross Annual Rent, a 6.60x GRM, and a strong Net Operating Income (NOI) of $41,347.20.

Features an efficient 13.36% Operating Expense Ratio (OER) with a verified net lease structure where tenants pay 100% of standard utility outlays. Sold strictly AS-IS with a 0% vacancy rate assumption. Capitalize on immediate, optimized cash flow!

Monthly Cost Estimate

$562/mo

20% down · 6.5% · 30 years

Principal$76
Interest$455
Insurance$31

Estimates only. Actual payments may vary.

Location

3707 E 54th Street

Cleveland, OH 44105

Stanley

Property Details

Construction

VinylSiding

Parking

Garage

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

DryerRefrigeratorWasher

Questions & Answers

This 3-bedroom, 1-bathroom single family at 3707 E 54th Street is listed at $105,000 ($73/sqft). The estimated monthly payment is $562 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.10 acre lot.

This property is listed by Amanda Turney.

AT

Amanda Turney

License 2025001159

Agent at Russell Real Estate Services

Listed by Russell Real Estate Services · Broker phone: (440) 268-9491 · View on Broker Site · Broker website

MLS# 5251295· Source: MLS Now· 21 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3707 E 54th Street, Cleveland, OH 44105

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