3295 W 54th ST new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44102
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,567 sqft
Price per Sqft $66
Subdivision Stockyards
MLS Listing ID 5149971
Bedrooms 6
Full Baths 2
Year Built 1893
Annual Tax Amount $1,756
Tax Year 2024
Lot Size 5,039 Sqft
Property Sub-Type Duplex
Property Description
This Victorian duplex is generating income with two nearly identical 3 bedroom, 1 bath units. Both feature laminate flooring throughout, original wood frame windows, wood siding, and newer asphalt roof (2022), with each unit including a refrigerator and stove. The upstairs unit provides direct access to unfinished attic space, while the lower unit has direct access to the brick foundation basement. Recent improvements include make readies for both units and a fully replaced sewer line to the street minimizing near term maintenance concerns. Both units are tenant occupied, with the downstairs currently rented at $1,100 per month and the upstairs lease beginning October 1, 2025, at $1,075 per month. Positioned in Cleveland's Stockyards neighborhood, the property is minutes from I-71, I-90, downtown and University Circle offering seamless access to shopping centers, grocery stores, and everyday conveniences. With functional improvements already in place and leases secured, this duplex is a strong addition for investors seeking reliable returns in a well-connected location.
Location
State OH
County Cuyahoga
Community Street Lights
Interior
Heating Forced Air
Cooling None
Laundry Washer Hookup,Electric Dryer Hookup,In Basement
Exterior
Parking Features Alley Access,Driveway,On Site
Fence Chain Link,Partial
Community Features Street Lights
View Neighborhood
Roof Type Asphalt
Building
Lot Description Back Yard,Corner Lot,City Lot
Story 2
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard