Strong investment opportunity with immediate cash flow and high value-add potential. This fully occupied property at 3799 E 54th features in-place tenants paying $1,350 per month, providing stable, consistent income from day one. Tenants are responsible for all utilities, helping keep operating expenses low and improving overall returns. The property offers clear upside through a partially finished third floor, creating the opportunity to add a third bedroom to the upper unit and significantly increase rental income and overall property value. With strong rental demand in the area, this presents an ideal scenario for both cash flow and appreciation. Conveniently located near major highways, shopping, and local amenities, this is a solid addition to any portfolio. Ideal for investors seeking a performing asset with built-in upside and minimal operational complexity. Professional property management resources are available for out of state investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Financials and leases available upon request. Schedule your showing today.

Listing courtesy of Kim Lewis of Home Equity Realty Group



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.