3658 54th St Cleveland, OH 44105-1122
This exceptional investment opportunity presents a four-unit quadruplex located at 3658 E 54th St, Cleveland, OH 44105, in Cuyahoga County. Built in 1910, this property sits on a 0.1-acre lot and is currently fully occupied, presenting immediate cash flow potential for the savvy investor. The asking price is $185,000. The property's multifamily nature offers a diversified income stream, making it an attractive addition to any portfolio. The building consists of four individual units, each contributing to the overall rental income. Given its location in Cleveland, Ohio, and its established occupancy, this quadruplex represents a strong investment with significant potential for future appreciation. The property's age suggests potential for renovation and value enhancement, allowing for further returns on investment. Serious inquiries are encouraged, and showings will be arranged following the acceptance of an offer. This is a prime opportunity to acquire a stable, income-generating property in a desirable location. The property's details are readily available upon request. All interested parties should be prepared to submit offers promptly.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
2F · Cleveland, OHCleveland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.