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Turnkey Two-House Rental Package
For Sale
$229,900

1979 W 54th Street, Cleveland, OH 44102

ResidentialIncome, Cleveland, OH

Property Size5,214 SF
Lot Size0.05 Acres
Price / SF$44.09
Days on Market293

Property Features for 1979 W 54th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 11
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 3, Bedroom 11, Bathroom 4, Bedroom 10, Bedroom 5, Bedroom 9, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Basement, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 8
Parking features Driveway, Off Street
Subdivision Benedict & Roots
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions westside cleveland
Standard status Active
APN 002-31-043
Size 5,214 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 49 B&R 0163 SWP
Tax Annual Amount 6004
Legal Description 49 B&R 0163 SWP

Utilities

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

Building Details

Year built 1900
Floors in Building 2
Building materials Frame, WoodSiding
Roof type Asphalt, Fiberglass
Listing Agency: Platinum Real Estate
Listed By: Daniel A Perelman · License #2005000117
Added: Nov 10, 2025 Changed: Aug 26 Last Checked: Aug 30 at 8:06PM
MLS# 5171056

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This sale offers a two-property rental package consisting of two turnkey houses on Cleveland’s westside. The first home at 1979 W 54th Street is configured as a 3-bedroom, 1-bath rental and is described as having multiple updates, including a newer roof, hot water tank, breaker box, and windows. The second home at 2167 W 96th Street is configured as a 5-bedroom, 2-bath rental and is described as having multiple updates, including a newer furnace, hot water tank, breaker box, and windows.

Both homes are currently occupied by tenants, and the seller indicates a preference to sell the properties as a package, with the option to split if needed. Reported rents are $1,100 per month for the 1979 W 54th Street property and $1,075 per month for the 2167 W 96th Street property.

For buyers seeking an easier entry point to residential income ownership, the appeal here is straightforward: two separately configured homes, already producing rental income, with documented update items across key building systems and components. The split option may also fit buyers who prefer to evaluate each house individually while still benefiting from the overall bundled offering.

Key Highlights

  • Package includes two occupied houses on Cleveland’s west side
  • 1979 W 54th St: 3BR/1BA rented $1,100 per month with updates including newer roof, hot water tank, breaker box, and windows
  • 2167 W 96th St: 5BR/2BA rented $1,075 per month with updates including newer furnace, hot water tank, breaker box, and windows

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Dental Office Accounting Firm (Bike/Boat/Book/etc) Store Nail Salon Computer & Electronic Repair Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

912
Businesses Nearby

Demographics for 44102, OH

43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two occupied, updated rental homes generate monthly income with potential for buyer-managed or portfolio additions.
Where is this residential income property located?
The property is located at 1979 W 54th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Package includes two occupied houses on Cleveland’s west side; 1979 W 54th St: 3BR/1BA rented $1,100 per month with updates including newer roof, hot water tank, breaker box, and windows; 2167 W 96th St: 5BR/2BA rented $1,075 per month with updates including newer furnace, hot water tank, breaker box, and windows
More about this property
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