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  • $53,000

    4137 E 59th St, Cleveland, OH 44105

    3beds
    1,747sqft
    Single Family Residence
    Built in 1910
    5,401.44 Square Feet Lot
    $70,700 Zestimate®
    $30/sqft
    $1,395 Estimated rent

    Home value

    $70,700

    $52,000 - $91,000

    $1,395/mo

    Zestimate® history
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    $1,395/mo

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    $1,395/mo

    Rent Zestimate®

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    $309/mo

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    $309/mo

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    What's special

    Comfortable layoutQuiet low-traffic streetFull basementPrivate backyard
    -Attention All Investors – Foreclosure Opportunity! Don’t miss this rare chance to scoop up a turnkey investment property that's vacant, easy to show, and ready for its next tenant with some cleaning! This solid 3-bedroom Cape Cod sits on a quiet, low-traffic street with a private backyard and has seen several updates over the past 6–7 years. With a little cleanup from the prior tenant that recently moved out, it’s rent-ready and offers strong income potential, with current market rents that are very affordable. Whether you're a seasoned investor or just getting started, this home is an excellent addition to your portfolio. The property features a full basement, a comfortable layout, and prior cosmetic and mechanical updates. It's in a transitioning area with rising values and rents, making it a smart long-term play. Investors have the option to self-manage or continue with professional property management already in place. Financing options available: Cash, hard money, or owner financing with 20% down (approx. 9% interest, 2-year balloon). Please note: No wholesalers. End-user buyers only. Photos show the home’s potential and updates—serious inquiries only. Proof of funds or pre-approval is required for all showings. Don’t wait—schedule your tour today and take advantage of this income-producing opportunity with immediate cash flow!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Christopher A Frederick thefrederickteam@gmail.com216-210-7653,

    Coldwell Banker Schmidt Realty

    Bought with:

    Jaime Vidal, 2024005749

    Lokal Real Estate, LLC.

    Source: MLS Now,MLS#: 5116661MLS LogoOriginating MLS: Lorain County Association Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Forced Air, Gas, Hot Water, Steam
    Cooling
    • None
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,747
    • Total interior livable area: 1,747 sqft
    • Finished area above ground: 1,147
    • Finished area below ground: 600

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Enclosed, Patio, Porch
    Lot
    • Size: 5,401 sqft
    • Dimensions: 40 x 135
    Details
    • Parcel number: 13223045

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cleveland
    • Subdivision: Talbot

    Price history

    DateEventPrice
    3/9/2026Listing removed$1,400$1/sqft
    Source: Zillow Rentals Report a problem
    2/16/2026Listed for rent$1,400$1/sqft
    Source: Zillow Rentals Report a problem
    1/20/2026Listing removed$1,400$1/sqft
    Source: Zillow Rentals Report a problem
    12/8/2025Listed for rent$1,400$1/sqft
    Source: Zillow Rentals Report a problem
    11/24/2025Listing removed$1,400$1/sqft
    Source: Zillow Rentals Report a problem
    10/20/2025Listed for rent$1,400+86.7%$1/sqft
    Source: Zillow Rentals Report a problem
    6/16/2025Sold$53,000-17.8%$30/sqft
    Source: MLS Now #5116661 Report a problem
    6/10/2025Pending sale$64,500$37/sqft
    Source: MLS Now #5116661 Report a problem
    4/22/2025Listed for sale$64,500$37/sqft
    Source: MLS Now #5116661 Report a problem
    4/11/2025Listing removed$64,500$37/sqft
    Source: MLS Now #5101464 Report a problem
    2/28/2025Contingent$64,500$37/sqft
    Source: MLS Now #5101464 Report a problem
    1/20/2025Listed for sale$64,500$37/sqft
    Source: MLS Now #5058431 Report a problem
    1/8/2025Contingent$64,500$37/sqft
    Source: MLS Now #5058431 Report a problem
    1/2/2025Listed for sale$64,500$37/sqft
    Source: MLS Now #5058431 Report a problem
    12/12/2024Contingent$64,500$37/sqft
    Source: MLS Now #5058431 Report a problem
    11/25/2024Price change$64,500-7.2%$37/sqft
    Source: MLS Now #5058431 Report a problem
    10/3/2024Price change$69,500-12.6%$40/sqft
    Source: MLS Now #5058431 Report a problem
    7/31/2024Listed for sale$79,500+467.9%$46/sqft
    Source: MLS Now #5058431 Report a problem
    2/9/2018Listing removed$750
    Source: Sandstone Realty Report a problem
    1/3/2018Listed for rent$750
    Source: Sandstone Realty Report a problem
    11/29/2017Sold$14,000-29.6%$8/sqft
    Source: MLS Now #3956186 Report a problem
    11/16/2017Pending sale$19,900$11/sqft
    Source: CENTURY 21 Arrow Realty #3956186 Report a problem
    11/13/2017Listed for sale$19,900-50.2%$11/sqft
    Source: Century 21 Arrow Realty #3956186 Report a problem
    10/20/1999Sold$40,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,176 +0%$17,570
    2024$1,175 +27%$17,570 +47.2%
    2023$926 +0.6%$11,940
    2022$920 +0.9%$11,940
    2021$912 -1.4%$11,940 +14%
    2020$925 -45.9%$10,470 +0.1%
    2019$1,710 +100.3%$10,460 -0.1%
    2018$854 -63.7%$10,470 +7.2%
    2017$2,354 +24.5%$9,770
    2016$1,890 +7.2%$9,770
    2015$1,763 +114.3%$9,770
    2014$823 +1.7%$9,770
    2013$809 -56.5%$9,770
    2012$1,861 -43.3%$9,770 -35.1%
    2011$3,282 +60.3%$15,050
    2010$2,047 +2120.7%$15,050
    2009$92 -90.8%$15,050 -12.1%
    2008$998 +3.3%$17,120
    2007$966 +0.1%$17,120
    2006$965 $17,120 +11.1%
    2005-- $15,410
    2004$452 -49.5%$15,410
    2003$893 +14.2%$15,410 +13.1%
    2002$782 -41.2%$13,620
    2001$1,331 +4.5%$13,620
    2000$1,273 $13,620

    Find assessor info on the county website

    Neighborhood: South Broadway

    Nearby schools

    GreatSchools rating
    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
    $70,700
    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
    $70,700