Renovated Duplex With Front
3449 W 54th Street Cleveland, OH 44102
New
For Sale
$195,000
MULTI_FAMILY - Cleveland, OH
Property Size1,393 SF
Lot Size0.09 Acres
Price / SF$139.99
Days on Market4
Property Features for 3449 W 54th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Basement, Laundry Room, Bedroom 4, Bedroom 1, Bedroom 3
Parking features
Garage
Window features
Wood Frames
Standard status
Active
APN
016-19-085
Size
1,393 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
46 STORER 0020 NP
Tax Annual Amount
1405
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Building materials
VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
Berkshire Hathaway HomeServices Professional Realty
(440) 822-3222
Listed By:
David Sarver · License #700300553
(216) 214-0221
Added: Jul 25
Changed: Jul 28
Last Checked: Jul 28 at 5:06PM
MLS# 5231220
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 professionally renovated duplex features a classic 1920s front-porch Colonial design and two spacious living units. Both units include updated kitchens and bathrooms, granite countertops, designer fixtures, modern flooring, and tasteful finishes throughout. The home is currently listed by the County Auditor as a four-bedroom property, with two additional bedrooms that function as three-bedroom units for rental purposes; buyers are encouraged to perform their own due diligence regarding bedroom count and permitted use.
Located on Cleveland’s west side at 3449 W 54th Street, the property is described as providing convenient access to shopping, restaurants, schools, parks, public transportation, major highways, and downtown Cleveland. It is also noted as being just minutes from the MetroHealth campus, Gordon Square Arts District, Ohio City, Tremont, and Edgewater Park.
With its move-in-ready condition and renovated interior, the duplex provides a turnkey configuration for an owner-occupant or for rental income from both units, depending on the buyer’s intended use.
Located on Cleveland’s west side at 3449 W 54th Street, the property is described as providing convenient access to shopping, restaurants, schools, parks, public transportation, major highways, and downtown Cleveland. It is also noted as being just minutes from the MetroHealth campus, Gordon Square Arts District, Ohio City, Tremont, and Edgewater Park.
With its move-in-ready condition and renovated interior, the duplex provides a turnkey configuration for an owner-occupant or for rental income from both units, depending on the buyer’s intended use.
Key Highlights
- Professionally renovated 1920s front‑porch Colonial duplex with two spacious living units
- Updated kitchens and bathrooms with granite countertops, designer fixtures, and modern flooring
- Roof includes asphalt and fiberglass materials; exterior construction is vinyl siding
Financial Insights For Multifamily LT 5
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 | $24.9k | $17.88 |
| − Vacancy | −$1.1k | −$0.80 |
| EGI | $23.8k | $17.08 |
| − OpEx | −$7.1k | −$5.12 |
| NOI | $16.7k | $11.95 |
1,393 SF · lease $17.88/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$237.9K
$208.1K – $277.5K
NOI $16,650 @ 7.0% cap · market cap 8.54%
Second Best
Apartment 5plus
$220.7K
$193.1K – $257.4K
NOI $15,446 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$339.9K
$297.5K – $396.6K
NOI $23,796 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - A professionally renovated duplex offers two updated units with modern finishes and multiple bedrooms for flexible rental use.
Where is this duplex located?
The property is located at 3449 W 54th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Professionally renovated 1920s front‑porch Colonial duplex with two spacious living units; Updated kitchens and bathrooms with granite countertops, designer fixtures, and modern flooring; Roof includes asphalt and fiberglass materials; exterior construction is vinyl siding
