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Residential Income Property with Balcony
For Sale
$365,000
Pending

1949 W 54th Street, Cleveland, OH 44102

Income-producing residential property with off-street parking, a balcony, and multiple heating systems.

Property Size3,601 SF
Days on Market43

Property Features for 1949 W 54th Street

General Information

Standard status Pending
Size 3,601 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $7,190

Amenities

Central Air, Window Unit(s)
Natural Gas, Forced Air, Hot Water, Steam
Unfinished
Driveway, Off Street
Balcony

Building Details

Year Built 1920
Buildings 3
Stories 3
Listing Agency: Russell Real Estate Services
Listed By: Connor Kobilarcsik · License #2020009093
Source: Evrealestate
Added: Jul 25 Changed: Aug 11 Last Checked: Aug 2 at 4:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russell Real Estate Services

Investment Insights

Based on property information with market context.

Built in 1920, this residential income property offers 3,601 square feet of space with a balcony and driveway-based off-street parking. Interior features include central air and window units, along with natural gas service and forced-air, hot-water, and steam heating systems. Unfinished space provides additional interior area for storage or other property-specific needs.

The property is located on W 54th Street in Cleveland, with access from Lorain Avenue. Its established construction date, residential income classification, parking, balcony, and varied mechanical systems define the existing asset profile.

Key Highlights

  • 3,601 square feet of residential income property
  • Built in 1920
  • Central air and window units

Property Analytics

Current Use

Residential income 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.

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 - Income-producing residential property with off-street parking, a balcony, and multiple heating systems.
Where is this residential income property located?
The property is located at 1949 W 54th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 3,601 square feet of residential income property; Built in 1920; Central air and window units
More about this property
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