3799 E 54th Street Cleveland, OH $ 385,000
3799 E 54th Street
$ 385,000
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3799 E 54th Street

Cleveland, OH, 44105
$ 385,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,402

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Commercial Property for sale in Cleveland, OH

for $385,000. This building was built in 1910 on a lot size of 0.406.

Investment Portfolio Opportunity – 4-Property Package Deal Outstanding opportunity to acquire a 4-property Cleveland investment portfolio offering a balance of immediate income, strong upside, and motivated seller terms. This package includes a mix of single-family and multi-family assets, all located in proven rental submarkets with solid Section 8 and EDEN program performance. The seller has proactively completed inspections on all four properties, providing transparency and confidence for investors. The list price already accounts for full renovation of 2221 E 76th and updates across the other three properties — positioning the portfolio to deliver 8–12% cap rates at both 75% and 90% of HUD FMR rent levels. Property Highlights: 3799 E 54th St, Cleveland OH 44105 Parcel 132-10-110 | (2) 2-Bedroom Units Fully occupied at $1,350/month — above 75% market rent. Turnkey income with limited deferred maintenance. 5806 Fleet Ave, Cleveland OH 44105 Parcel 132-12-008 | (4) Units – 3BD, 2BD, 1BD + Office Mix-use building with residential and office space. Strong rental potential and value-add options through cosmetic and rent-rate improvements. 2221-2223 E 76th St, Cleveland OH 44103 Parcel 118-26-068 | (1) Single-Family 4BD + (1) Duplex (2 × 2BD units) 2223 E 76th last occupied end of 2024 at $1,500/month (EDEN rents). 2221 E 76th duplex requires full rehab — included in list price assumptions. Package Summary: (4) Total Properties | (8+) Units | Mixed Residential Use Pro Forma Cap Rates 8–12% based on 75–90% FMR rents This is a rare chance to secure a turnkey + value-add hybrid portfolio in one transaction. Perfect for investors seeking immediate returns with long-term upside in stable Cleveland rental markets.

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Commercial Active

Price

$ 385,000

Property Type

Commercial

Taxes

$ 5,665

Style

Lot Size

0.406

Year Built

1910

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5162695

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Negotiable
Year Built 1910
Township Cleveland
Property Subtype Other
Tax Year 2024
Additional Parcels Description 118-26-068 132-12-008
County Cuyahoga
Net Operating Income 60891
Property Type Commercial Sale
Attached Garage false
Subdivision Name C G Barkwill Trustees
Status Active
Directions Fleet Ave & E 57th
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Tax Annual Amount 5665
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Assessor
Property Sub Type Additional Other
Legal Description 312 BARKWILL TR 0215 ALL
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Interior
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 0.406
Lot Size Acres 0.406
Lot Size Source Assessor
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* Excluded Features
List By
Kim Lewis

Listing Agent

Home Equity Realty Group

Broker

kim.lewis@heqrealty.com

Email

Affordability Calculator

$2,874
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,402
Monthly Property Taxes
$472
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$385,000 Listed Price

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3799 E 54th Street, Cleveland, OH, 44105 is a Commercial Property for sale at $385,000 with a lot size of 0.406. 3799 E 54th Street was built in 1910. The property's zip code is 44105 which is in Cleveland, OH