3892 E 153rd Street, Cleveland, OH 44128
Local realty services provided by:CENTURY 21 DeAnna Realty
Listed by: rebecca nedelka
Office: exp realty, llc.
MLS#:5213212
Source:OH_NORMLS
Price summary
- Price:$135,000
- Price per sq. ft.:$54.88
About this home
Turnkey Investment Opportunity with Immediate Cash Flow! This tenant-occupied Cleveland property is a great addition to any investment portfolio, featuring a long-term tenant who would like to remain in the home. Currently rented for $1,300 per month (lease through 10/21/27), this property offers strong upside potential with estimated market rents of $1,600-$1,900 per month, providing an opportunity to increase cash flow and overall returns.
Recent improvements include a completely renovated bathroom, newly rebuilt front porch, updated plumbing, and a new hot water tank, helping reduce maintenance concerns and capital expenditures for the next owner. The home offers spacious living and dining areas, multiple bedrooms, a functional floor plan, and additional usable basement space that adds flexibility for tenants.
Outside, you'll find a covered front porch, fenced backyard, and off-street parking. Conveniently located near shopping, schools, public transportation, major highways, and employment centers, this property benefits from consistent rental demand and a desirable location for tenants.
Whether you're looking for a cash-flowing rental, a value-add opportunity, or your next portfolio acquisition, this property checks all the boxes with existing income, recent updates, and rental upside potential.
Tenant occupied. Showings by appointment only. Current rent: $1,300/month. Estimated market rent: $1,600-$1,900/month. Tenant would like to stay....
Contact an agent
Home facts
- Year built:1930
- Listing ID #:5213212
- Added:5 day(s) ago
- Updated:June 24, 2026 at 02:57 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:7
- Basement:Yes
- Basement Description:Full
- Living area:2,460 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1930
- Building area:2,460 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Aluminium Siding, Vinyl Siding
- Exterior Features:Patio, Porch
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$135,000
- Price per sq. ft.:$54.88
- Tax amount:$1,803 (2025)
Parking
- Parking description:Detached, Driveway, Garage
- Garage:Yes
- Garage spaces:2
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