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    1979 W 54Th St Cleveland, OH 44102

    For Sale
    $349,900

    MULTI_FAMILY - Cleveland, OH

    Property size:
    5,214 SF
    Lot size:
    0.05 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 7 at 10:06 pm

    Property Features for 1979 W 54Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 11, Bathroom 4, Bedroom 10, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 7, Bathroom 1, Basement, Bedroom 9, Bedroom 1
    Bedrooms
    11
    Bathrooms
    4
    APN
    002-31-043
    Parking features
    Off Street, Driveway
    Size
    5,214 SF
    Lot size
    0.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Steam, Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    Frame, WoodSiding
    Roof type
    Asphalt, Fiberglass

    Platinum Real Estate Professionals, LLC (440) 942-2100 [email protected]

    Listing agent Daniel A Perelman (216) 780-0413 License #2005000117

    Listing date Nov 21, 2025

    MLS# 5171056 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Westside Cleveland Multifamily Package

    This offering presents an opportunity to acquire a package of three properties located on the westside of Cleveland. The properties include: 1979 West 54th Street, Cleveland, OH 44102, currently rented for $1,100 per month and featuring 3 bedrooms and 1 bathroom, with updates including a newer roof, hot water tank, breaker box, and windows; 3267 West 48th Street, Cleveland, OH 44102, also rented for $1,100 per month with 3 bedrooms and 1 bathroom, Section 8 tenant, and updates including a newer furnace and hot water tank; and 2167 West 96th Street, Cleveland, OH 44102, rented for $1,075 per month, offering 5 bedrooms and 2 bathrooms, with updates including a newer furnace, hot water tank, breaker box, and windows. The properties are to be sold as a package. The combined size of the properties is 5214 square feet, situated on a lot of approximately 0.0517 acres. All properties are currently occupied by tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.723409
    Latitude
    41.477376

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    FAQs

    What type of property is this?
    Multifamily property - Three updated, fully occupied properties in Cleveland, generating steady rental income.
    Where is this multifamily property located?
    The property is located at 1979 W 54Th St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Package deal of 3 turnkey rental properties; - All properties are currently occupied by tenants; - Consistent rental income from all properties ($1,100, $1,100, $1,075 per month)
    (216) 780-0413
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    Cleveland, OH 44102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1979 W 54Th St Cleveland, OH 44102
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