SingleFamilyResidence at 3707 E 54th Street, Cleveland
1 photo

$105,000

3707 E 54th Street
Cleveland, OH 44105
Listed by Amanda Turney · Russell Real Estate Services
Bedrooms
3
Bathrooms
1
Living area
1,440 sqft
Year built
1910

About this home

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!

Property details

MLS
NOWDD
MLS #
5251295
Property type
SingleFamilyResidence
Subdivision
Stanley
Status
Active
Days on market
1
On market date
October 6, 2026
Stories
1
Total bathrooms
1
Garage spaces
2
Parking spaces
N/A
Lot size
0.0964 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Cleveland College Preparatory School
0.25 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
225
Student:teacher ratio
17.3:1
District
Cleveland College Preparatory School
Middle
Cuyahoga Hts Middle School
2.15 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
176
Student:teacher ratio
17.6:1
District
Cuyahoga Heights Local
HighCharter
Regent High School
0.56 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
225
Student:teacher ratio
32.1:1
District
Regent High School

Walkability

Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks15
Schools14
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 1 days -- 49 fewer days than Cleveland's current average of 50 days.
For reference, the median list price across 2,393 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$782/mo
$21,000 down
$84,000 loan
Principal & interest$545
Property tax (est.)$88
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 9 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.