3799 E 54th Street
Cleveland, OH 44105

Listed at $385,000

Details

  • MLS# 5162695
  • Commercial - Business
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 0.406 acres
  • Built in 1910
  • Cleveland Municipal - 1809 Local Schools
Virtual Tour

Description

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...read more to deliver 812% cap rates at both 75% and 90% of HUD FMR rent levels.Property Highlights:3799 E 54th St, Cleveland OH 44105Parcel 132-10-110 | (2) 2-Bedroom UnitsFully occupied at $1,350/month ? above 75% market rent. Turnkey income with limited deferred maintenance.5806 Fleet Ave, Cleveland OH 44105Parcel 132-12-008 | (4) Units 3BD, 2BD, 1BD + OfficeMix-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 44103Parcel 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 UsePro Forma Cap Rates 812% based on 7590% FMR rentsThis 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.

Features

  • Forced Air
  • $5,665 / year Taxes
  • Public
  • Built in 1910
View All Features

Photo Gallery

View Slideshow

Contact the Agent

Contact the Listing Agent
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 03/14/2026. The listing information on this page last changed on 03/14/2026. 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 Sat 03/14/2026 2:14:02 AM EST) or MLS NOW (last updated Sat 03/14/2026 12:17:38 AM EST). Real estate listings held by brokerage firms other than Progressive Urban 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.
IDX logo
© 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.
Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --
   Sitemap   

Property Image 1
Property Image 2
Property Image 3
Property Image 4
Property Image 5
Property Image 6
Property Image 7
Property Image 8
Property Image 9
Property Image 10
Property Image 11
Property Image 12
Property Image 13
Property Image 14
Property Image 15
Property Image 16
Property Image 17
Property Image 18
Property Image 19
Property Image 20
Property Image 21
Property Image 22
Property Image 23
Property Image 24
Property Image 25
Property Image 26
Property Image 27
Property Image 28
Property Image 29
Property Image 30
Property Image 31
Property Image 32
Property Image 33
Property Image 34
Property Image 35
Property Image 36
Property Image 37
Property Image 38
Property Image 39
Property Image 40
Property Image 41
Property Image 42
Property Image 43
Property Image 44
Property Image 45
Property Image 46
Property Image 47
Property Image 48
Property Image 49

All Property Features

  • Property Type: Commercial - Business
  • Days on Site: 157
  • Heating: Forced Air
  • Lot Size: 0.41 Acres
  • Parcel#: 132-10-110
  • Sewer: Public Sewer
  • Taxes: $5,665 / year
  • Water: Public
  • Year Built: 1910