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3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
3821 E 55th Street
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$240,000

3821 E 55th Street

8 Beds 4 Baths 3,955.25 Sq.Ft.

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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Location

3821 E 55th Street, Cleveland, OH 44105

Status

Sold

Property Amenities

Interior
Total Bedrooms: 8
Full Bathrooms: 4
Area & Lot
Lot Area 3,955.25 Sq.Ft.
MLS® ID 5125672
Year Built 1900
School District Cleveland Municipal - 1809
Type Multi-Family
Status Sold
Exterior
Stories 2
Air conditioning Ceiling Fan(s), Window Unit(s)
Heat type Forced Air
Water Source Public
Sewer Public Sewer
Parking Driveway
Roof Asphalt, Fiberglass
Finance
Sales Price $240,000
Real Estate Tax $3,718 yearly
Josh Anton

Josh Anton

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Real Estate Advisor

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Work With Josh

I guide clients through Cleveland’s real estate market with a focus on clarity, strategy, and results. My approach blends attention to detail, strong negotiation skills, and a commitment to creating a memorable client experience. Whether buying, selling, or investing, I’m here to make the process smooth, enjoyable, and tailored to your goals.