Vision Sales Team

3799 E 54th Street

Cleveland , OH 44105

MLS#: 5162695

$385,000

Status: Active
Listing number: 5162695
Listing provided by: Home Equity Realty Group
Listing agent phone: None
Last update: 3 months ago
On site: 4 months ago
Browse Properties
C G Barkwill Trustees - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1910

Sq.Footage

N/A

Investment Portfolio Opportunity – 4-Property Package Deal Outstanding opportunity to acquire a 4-property Cleveland investment portfolio offering a balance of immediate income, strong upside, and motivated seller terms. This package includes a mix of single-family and multi-family assets, all located in proven rental submarkets with solid Section 8 and EDEN program performance. The seller has proactively completed inspections on all four properties, providing transparency and confidence for investors. The list price already accounts for full renovation of 2221 E 76th and updates across the other three properties — positioning the portfolio to deliver 8–12% cap rates at both 75% and 90% of HUD FMR rent levels. Property Highlights: 3799 E 54th St, Cleveland OH 44105 Parcel 132-10-110 | (2) 2-Bedroom Units Fully occupied at $1,350/month — above 75% market rent. Turnkey income with limited deferred maintenance. 5806 Fleet Ave, Cleveland OH 44105 Parcel 132-12-008 | (4) Units – 3BD, 2BD, 1BD + Office Mix-use building with residential and office space. Strong rental potential and value-add options through cosmetic and rent-rate improvements. 2221-2223 E 76th St, Cleveland OH 44103 Parcel 118-26-068 | (1) Single-Family 4BD + (1) Duplex (2 × 2BD units) 2223 E 76th last occupied end of 2024 at $1,500/month (EDEN rents). 2221 E 76th duplex requires full rehab — included in list price assumptions. Package Summary: (4) Total Properties | (8+) Units | Mixed Residential Use Pro Forma Cap Rates 8–12% based on 75–90% FMR rents This is a rare chance to secure a turnkey + value-add hybrid portfolio in one transaction. Perfect for investors seeking immediate returns with long-term upside in stable Cleveland rental markets.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.406

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $385,000

  • Tax Amount

    $5,665

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Kim Lewis , Home Equity Realty Group

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Agent Tyson Hartzler

FOUNDER

Tyson Hartzler

Call Tyson today to schedule a private showing.

(330) 786-5493

Tyson@visionsalesteam.com


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Investment Portfolio Opportunity – 4-Property Package Deal Outstanding opportunity to acquire a 4-property Cleveland investment portfolio offering a balance of immediate income, strong upside, and motivated seller terms. This package includes a mix of single-family and multi-family assets, all located in proven rental submarkets with solid Section 8 and EDEN program performance. The seller has proactively completed inspections on all four properties, providing transparency and confidence for investors. The list price already accounts for full renovation of 2221 E 76th and updates across the other three properties — positioning the portfolio to deliver 8–12% cap rates at both 75% and 90% of HUD FMR rent levels. Property Highlights: 3799 E 54th St, Cleveland OH 44105 Parcel 132-10-110 | (2) 2-Bedroom Units Fully occupied at $1,350/month — above 75% market rent. Turnkey income with limited deferred maintenance. 5806 Fleet Ave, Cleveland OH 44105 Parcel 132-12-008 | (4) Units – 3BD, 2BD, 1BD + Office Mix-use building with residential and office space. Strong rental potential and value-add options through cosmetic and rent-rate improvements. 2221-2223 E 76th St, Cleveland OH 44103 Parcel 118-26-068 | (1) Single-Family 4BD + (1) Duplex (2 × 2BD units) 2223 E 76th last occupied end of 2024 at $1,500/month (EDEN rents). 2221 E 76th duplex requires full rehab — included in list price assumptions. Package Summary: (4) Total Properties | (8+) Units | Mixed Residential Use Pro Forma Cap Rates 8–12% based on 75–90% FMR rents This is a rare chance to secure a turnkey + value-add hybrid portfolio in one transaction. Perfect for investors seeking immediate returns with long-term upside in stable Cleveland rental markets.

3799 E 54th Street

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