3663 E 54th Street
Cleveland, OH, 44105
Price$110,000
Beds3
Baths1
SqFt1,238
Baths1
SqFt1,238
Status:Active
Property Type:Residential
School:Cleveland Municipal – 1809
Property Type:Residential
School:Cleveland Municipal – 1809
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 $1,400/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.
| Price | $110,000 | |
| Bedrooms | 3 | |
| Full Baths | 1 | |
| Half Baths | 0 | |
| Total Baths | 1 | |
| Property Style | Colonial | |
| Lot Size Area | 0.09 | |
| Lot Size Area Units | Acres | |
| Acres | 0.09 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Stories | 2 | |
| Year Built | 1910 | |
| Fireplaces | 0 | |
| Roof | Asphalt, Fiberglass | |
| Heating | Forced Air, Gas | |
| Laundry Features | In Basement | |
| Parking Description | Driveway, Detached, Garage, Paved | |
| Garage spaces | 1 | |
| Directions | East/West on Fleet Ave, north on East 54th St. | |
| County | Cuyahoga | |
| Latitude | 41.458558 | |
| Longitude | -81.65184 | |
| Address | 3663 E 54th Street, Cleveland, OH 44105 | |
| Postal Code | 44105 | |
| City | Cleveland | |
| State | OH | |
| Country | United States | |
| Listing Office | ADT Realty Brokers | |
| Listing Office Phone | 260-341-0098 | |
| Listing Office Email | [email protected] | |
| Listing Agent | Amy Allen | |
| Listing Agent Phone | 260-341-0098 | |
| Attribution Contact | 260-341-0098, [email protected] | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| District | Cleveland Municipal – 1809 | |
| Days on market | 109 | |
| MLS Status | Active | |
| Listing Last Modified | Aug 11, 2026 | |
| Tax ID | 131-35-070 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 1285 | |
| MLS # | 5235668 | |
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