4404 W 53rd Street, Cleveland, OH 44144
MULTI_FAMILY - Cleveland, OH
- Added:
- Jun 3, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 4 at 9:06 pm
Property Features for 4404 W 53rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 2, Basement
- Parking features
- Driveway, Garage, Open, On Street
- 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 agent Robert R Erney License #2025002071 (440) 384-7773
Listing office RE Closing Professionals, LLC. 14724 Seneca Trail, Brook Park, OH (440) 709-6660
Listing date Jun 3, 2026
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.
HighLights
- Duplex with two identical side‑by‑side units, each offering 2 bedrooms plus 1 full bathroom and a half bath
- Each unit includes a full basement and private first‑floor deck accessible from family room sliders
- Concrete driveway plus parking options including a 2‑car garage, side parking next to the garage, and spots in front (also on‑street parking)
- Public water and public sewer
- Recent updates include new flooring in the left unit’s family room and new water heaters
- Utilities and systems include natural gas forced‑air heat, ceiling fans, and an asphalt/fiberglass roof
Overview
The home is located in Cleveland and sits just minutes from major highways, providing convenient access to downtown and surrounding suburbs. It is tucked into a small community of only three duplexes, offering a quieter residential setting while still maintaining practical connectivity.
This layout should appeal to investors seeking a clean, low-complexity duplex configuration with two similar units and separate outdoor deck access. It can also fit an owner-occupant strategy where one unit can be lived in while the other supports rental income. With multiple parking options and a well-kept presentation consistent with its 2000 construction, the property is a practical choice for buyers looking to build or expand a residential income portfolio.
Local 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 | $42.7k | $17.88 |
| − Vacancy | −$1.9k | −$0.80 |
| EGI | $40.7k | $17.08 |
| − OpEx | −$12.2k | −$5.12 |
| NOI | $28.5k | $11.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.722499
- Latitude
- 41.436656