Duplex with Private First-Floor
4404 W 53rd Street Cleveland, OH 44144
4404 W 53rd Street, Cleveland, OH, 44144
$294,900
For Sale
$294,900
MULTI_FAMILY - Cleveland, OH
Property Size2,386 SF
Lot Size0.14 Acres
Price / SF$123.60
Days on Market50
Property Features for 4404 W 53rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 3, Bedroom 3, Basement, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 4
- Parking features
- Open, On Street, Driveway, Garage
- Appliances
- Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 013-26-035
- Size
- 2,386 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 43 PCL 3
- Tax Annual Amount
- 4308
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1999
- Floors in Building
- 3
- Building materials
- Block, Glass, Concrete, VinylSiding, WoodSiding
- Roof type
- Fiberglass, Asphalt
Listing agency
RE Closing Professionals, LLC.
(440) 709-6660
Listed by
Robert R Erney · License #2025002071
(440) 384-7773
Added: Jun 3 Updated: Jul 22 at 10:49AM Checked: Jul 22 at 5:06PM
MLS# 5215458
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 side-by-side duplex was built in 2000 and contains two identical units. Each unit offers two bedrooms, one full bathroom and one half bath, and a full basement for additional storage or living space. The main entry includes a foyer with a coat closet, and the living areas open to private first-floor decks accessible from family room sliders. A kitchen with wooden cabinets includes an eat-in bay window area overlooking the front yard.
The property includes a concrete driveway and outdoor space with a side yard. Parking options feature a two-car garage plus side parking next to the garage, along with spots in front.
Recent updates include new flooring in the left unit’s family room and new water heaters. The duplex is offered for sale as-is, with showings of one unit until an offer is accepted, and inspections that can be scheduled to include both units.
The property includes a concrete driveway and outdoor space with a side yard. Parking options feature a two-car garage plus side parking next to the garage, along with spots in front.
Recent updates include new flooring in the left unit’s family room and new water heaters. The duplex is offered for sale as-is, with showings of one unit until an offer is accepted, and inspections that can be scheduled to include both units.
Key Highlights
- Duplex with two identical side‑by‑side units, each offering 2 bedrooms, 1 full bathroom, and a half bath
- Each unit includes a full basement for added storage or living space
- Private first‑floor decks accessible from family room sliders, plus a side yard
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.1k | $21.00 |
| − Vacancy | −$2.0k | −$0.84 |
| EGI | $48.1k | $20.16 |
| − OpEx | −$21.6k | −$9.07 |
| NOI | $26.5k | $11.09 |
2,386 SF · lease $21.00/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$407.4K
$356.5K – $475.3K
NOI $28,519 @ 7.0% cap · market cap 9.67%
Second Best
Apartment 5plus
$377.9K
$330.7K – $440.9K
NOI $26,456 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$582.3K
$509.5K – $679.3K
NOI $40,758 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Side-by-side duplex built in 2000 with two decks, basements, and updated water heaters.
Where is this duplex located?
The property is located at 4404 W 53rd Street Cleveland, OH.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Duplex with two identical side‑by‑side units, each offering 2 bedrooms, 1 full bathroom, and a half bath; Each unit includes a full basement for added storage or living space; Private first‑floor decks accessible from family room sliders, plus a side yard
