3821 E 55th Street, Cleveland, OH 44105
- $240,000
- 8
- BD
- 4
- BA
- Sold Price
- $240,000
- List Price
- $259,900
- Status
- CLOSED
- Stories
- 2
- MLS#
- 5125672
- Year Built
- 1900
- Closing Date
- Dec 04, 2025
- Bedrooms
- 8
- Bathrooms
- 4
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Trustees Allotment/C G Barkwe
Property Description
Cash-flow producing Quadplex with several major capital improvements in place. This fully occupied quadplex brings in $3,053 per month in current total rent with room to grow quickly. The building includes four units: one 3-bedroom/1-bath, one 1-bedroom efficiency, and two 2-bedroom/1-bath units. Two of the units have been fully renovated within the last year. The property has lead-safe certification and active rental registrations. All electrical panels have been replaced and are up to code. The roof is newer, and several HVAC systems were updated within the last year. The property has been professionally managed by a local PM company that is willing to continue with the new owner if desired. This is a solid, low-maintenance rental property with strong cash flow and key updates already done.
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Additional Information
- Taxes
- $3,717
- Acres
- 0.09
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Heating
- Forced Air
- Cooling
- Ceiling Fan(s), Window Unit(s)
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Joshua Anton, Josh.anton@theagencyre.com With The Agency Cleveland Northcoast
Selling Office: Realtown Realty LLC.The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
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