3663 E 54th Street, Cleveland, OH 44105
Local realty services provided by:CENTURY 21 Darfus Realty
Listed by: amy m allen
Office: adt realty brokers
MLS#:5204096
Source:OH_NORMLS
Price summary
- Price:$110,900
- Price per sq. ft.:$89.58
About this home
ATTENTION INVESTORS & FIRST-TIME BUYERS — Newly refinished, move-in ready 3-bedroom, 1-bath home located in a strong rental corridor with projected returns well above the 1% rent rule. Previously rented through the Section 8 program at over $1,200/month prior to renovations, offering excellent cash flow (well over 1% rule) potential for investors seeking a turnkey addition to their portfolio.
This property has been thoughtfully updated with fresh paint and new carpet throughout, granite countertops, and numerous major mechanical improvements including a newer furnace, newer electrical panel, and newer hot water heater, helping to reduce immediate maintenance concerns and capital expenditures.
The home offers a functional layout, solid rental history potential, and an affordable entry point into homeownership or real estate investing. Ideal for:
Buy-and-hold investors
Section 8 investors
Cash-flow focused portfolios
First-time homebuyers looking to build equity instead of rent
Vacant and easy to show. Priced aggressively for a quick sale. Opportunities at this price point with this level of updates and income potential are becoming increasingly difficult to find in today’s market....
Contact an agent
Home facts
- Year built:1910
- Listing ID #:5204096
- Added:39 day(s) ago
- Updated:June 06, 2026 at 02:24 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:1,238 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1910
- Building area:1,238 sq. ft.
- Lot area:0.09 Acres
- Architectural Style:Colonial
- Construction Materials:Aluminium Siding
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$110,900
- Price per sq. ft.:$89.58
- Tax amount:$1,285 (2024)
Parking
- Parking description:Detached, Driveway, Garage, Paved
- Garage:Yes
- Garage spaces:1
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