CASH FLOWING SECTION 8 RENTAL – $1,600/MO – 4 BED / 2 BATH – 2,000 SQ FT
Great investment opportunity in Cleveland! 3871 E. 54th St is a 4 bedroom, 2 bathroom single-family home with 2,000 sq ft of living space and a tenant already in place paying $1,600/month Section 8.
Tenant pays all utilities – including water and sewer – making this a low-expense, high-return property. Upstairs features huge vaulted ceilings, adding extra appeal for future renters.
At $109,000, this property offers:
• Immediate rental income – $19,200/year gross
• Reliable Section 8 payments direct to owner
• Zero utility costs for landlord
• Easy to manage or perfect for property management
• Home is lead safe certified with city
Perfect for out-of-state investors looking for hands-off cash flow or local landlords wanting steady returns.
POTENTIAL PACKAGE! seller selling 3 other cash flowing properties. 4 total. 3545 Trent Ave. Cleveland, 4302 Daisy Ave. Cleveland, 821 E. 156th ST Cleveland.
Don’t wait – cash-flowing rentals at this price go fast. Contact us today.
Closed
$104,000
3871 E 54th St, Cleveland, OH 44105
4beds
2,000sqft
Single Family Residence
Built in 1900
3,301.85 Square Feet Lot
$99,000 Zestimate®
$52/sqft
$1,725 Estimated rent
Home value
$99,000
$73,000 - $127,000
$1,725/mo
Zestimate® history
Owner options
List your home for rent
$1,725/mo
Rent Zestimate®
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$1,725/mo
Rent Zestimate®
Refinance and save
$606/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$606/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Mark A Colucci 440-590-5219 markcolucci@kw.com,
Keller Williams Citywide
Bought with:
Mark A Colucci, 2020004747
Keller Williams Citywide
Source: MLS Now,MLS#: 5147870
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
- Finished area above ground: 2,000
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,301 sqft
Details
- Parcel number: 13211068
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Barkwill Trail
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $104,000-4.6%$52/sqft |
Source:  MLS Now #5147870 Report a problem | ||
| 8/22/2025 | Pending sale | $109,000$55/sqft |
Source: MLS Now #5147870 Report a problem | ||
| 8/12/2025 | Listed for sale | $109,000+18.5%$55/sqft |
Source: MLS Now #5147870 Report a problem | ||
| 1/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/5/2023 | Sold | $92,000-7.1%$46/sqft |
Source: MLS Now #4506120 Report a problem | ||
| 11/28/2023 | Pending sale | $99,000$50/sqft |
Source: MLS Now #4506120 Report a problem | ||
| 11/24/2023 | Listed for sale | $99,000$50/sqft |
Source: MLS Now #4506120 Report a problem | ||
| 11/22/2023 | Listing removed | -- |
Source: MLS Now #4503145 Report a problem | ||
| 11/22/2023 | Listed for sale | $99,000$50/sqft |
Source: MLS Now #4503145 Report a problem | ||
| 11/20/2023 | Contingent | $99,000$50/sqft |
Source: MLS Now #4503145 Report a problem | ||
| 11/8/2023 | Listed for sale | $99,000-10.8%$50/sqft |
Source: MLS Now #4503145 Report a problem | ||
| 11/3/2023 | Listing removed | -- |
Source: MLS Now #4488886 Report a problem | ||
| 9/11/2023 | Listed for sale | $111,000-6.7%$56/sqft |
Source: MLS Now #4488886 Report a problem | ||
| 9/10/2023 | Listing removed | -- |
Source: MLS Now #4485755 Report a problem | ||
| 9/9/2023 | Price change | $1,450-9.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2023 | Listed for sale | $119,000+33.7%$60/sqft |
Source: MLS Now #4485755 Report a problem | ||
| 7/14/2023 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/31/2022 | Sold | $89,000$45/sqft |
Source: Public Record Report a problem | ||
| 10/12/2022 | Pending sale | $89,000$45/sqft |
Source: MLS Now #4415142 Report a problem | ||
| 10/10/2022 | Listed for sale | $89,000+61.8%$45/sqft |
Source: MLS Now #4415142 Report a problem | ||
| 2/24/2022 | Sold | $55,000-8.3%$28/sqft |
Source: Public Record Report a problem | ||
| 1/24/2022 | Pending sale | $59,999$30/sqft |
Source: MLS Now #4323804 Report a problem | ||
| 11/13/2021 | Price change | $59,999-7.7%$30/sqft |
Source: MLS Now #4323804 Report a problem | ||
| 10/8/2021 | Listed for sale | $65,000+38.3%$33/sqft |
Source: MLS Now #4323804 Report a problem | ||
| 4/16/1999 | Sold | $47,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,567 +0% | $23,420 |
| 2024 | $1,566 +48.3% | $23,420 +72% |
| 2023 | $1,056 +0.6% | $13,620 |
| 2022 | $1,050 +0.9% | $13,620 |
| 2021 | $1,040 -1.4% | $13,620 +14.1% |
| 2020 | $1,055 +8% | $11,940 |
| 2019 | $977 +0.3% | $11,940 |
| 2018 | $974 +3.8% | $11,940 +7.6% |
| 2017 | $938 +0.8% | $11,100 |
| 2016 | $931 | $11,100 |
| 2015 | $931 -0.4% | $11,100 |
| 2014 | $935 +1.7% | $11,100 |
| 2013 | $919 +2.9% | $11,100 |
| 2012 | $893 -7.9% | $11,100 -29.2% |
| 2011 | $970 +901.7% | $15,680 |
| 2010 | $97 -89.9% | $15,680 |
| 2009 | $961 -7.5% | $15,680 -12% |
| 2008 | $1,039 +3.3% | $17,820 |
| 2007 | $1,005 +0.1% | $17,820 |
| 2006 | $1,004 +7.1% | $17,820 +12.6% |
| 2005 | $938 +1.2% | $15,820 |
| 2004 | $927 +1.1% | $15,820 |
| 2003 | $917 +14.3% | $15,820 +13.2% |
| 2002 | $802 -41.2% | $13,970 |
| 2001 | $1,365 +4.5% | $13,970 |
| 2000 | $1,306 | $13,970 |
Find assessor info on the county website
Neighborhood: South Broadway
Nearby schools
GreatSchools rating
- 3/10Mound Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 3/10John Adams College & Career AcademyGrades: 9-12Distance: 2.6 mi
- 6/10Albert Bushnell Hart SchoolGrades: PK-8Distance: 0.8 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$99,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$99,000
- Ohio
- Cuyahoga County
- Cleveland
- 44105
- South Broadway
- 3871 E 54th St
Nearby cities
Nearby neighborhoods
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