Duplex with Private
4404 W 53rd Street Cleveland, OH 44144
4404 W 53rd Street, Cleveland, OH, 44144
$299,900
For Sale
$299,900
MULTI_FAMILY - Cleveland, OH
Property Size2,386 SF
Lot Size0.14 Acres
Price / SF$125.69
Days on Market49
Property Features for 4404 W 53rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 2, Basement, Bedroom 2, Bathroom 3
- 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
- Forced Air, Natural Gas
- 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
- Asphalt, Fiberglass
Listing Agency
RE Closing Professionals, LLC.
(440) 709-6660
14724 Seneca Trail, Brook Park, OH
Listed by
Robert R Erney · License #2025002071
(440) 384-7773
Added: Jun 3 Updated: Jul 17 at 10:18 pm Checked: Jul 21 at 2:06 am
MLS# 5215458
Listing URL
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 2000-built duplex at 4404 W 53rd Street features two identical side-by-side units, each laid out with two bedrooms, a full bathroom and a half bath, and a full basement for storage or additional flexibility. Entry begins in a foyer with a coat closet, and wooden handrails lead upstairs. Kitchens include wooden cabinetry and an eat-in area with a bay window overlooking the front yard. Each unit also has a private first-floor deck accessible from the family room sliders. Outdoor space includes a side yard. Parking is supported by a two-car garage, side parking next to the garage, and spots in front. Recent updates include new flooring in the left unit’s family room and new water heaters. The property is offered as-is.
The duplex is located in a small community of only three duplexes. The home is described as minutes from major highways, providing access to downtown and surrounding suburbs via nearby routes.
For buyers seeking a straightforward, two-unit residential income property, the duplication of unit layout can simplify operations, while the basements and private decks add practical living and storage value. Seller will show one unit until an offer is accepted, and inspections can be scheduled to include both units.
The duplex is located in a small community of only three duplexes. The home is described as minutes from major highways, providing access to downtown and surrounding suburbs via nearby routes.
For buyers seeking a straightforward, two-unit residential income property, the duplication of unit layout can simplify operations, while the basements and private decks add practical living and storage value. Seller will show one unit until an offer is accepted, and inspections can be scheduled to include both units.
Key Highlights
- Duplex built in 1999 with two identical side‑by‑side units, each featuring 2 bedrooms and 1 full bath plus a half bath
- Each unit includes a full basement and a private first‑floor deck accessed from family room sliders
- Parking includes a concrete driveway, a two‑car garage, side parking next to the garage, and additional spots in front
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 9.51%
Second Best
Apartment 5plus
$377.9K
$330.7K – $440.9K
NOI $26,456 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$582.3K
$509.5K – $679.3K
NOI $40,758 @ 7.0% cap · market cap 13.59%
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 - Two identical units in a 2000-built duplex with private first-floor decks, basements, and multiple parking options.
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 $299,900.
What are key features of this property?
This property features: Duplex built in 1999 with two identical side‑by‑side units, each featuring 2 bedrooms and 1 full bath plus a half bath; Each unit includes a full basement and a private first‑floor deck accessed from family room sliders; Parking includes a concrete driveway, a two‑car garage, side parking next to the garage, and additional spots in front
