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$240,000
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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.
Full Property Details
Full Property Details for 3821 E 55th St
General
- Sold For: $240,000
- Taxes: $3,717 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5125672
- Added to Site: 92 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Trustees Allotment/C G Barkwe
- Driving Directions: 77 north to fleet east. Right on 55th.
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.0908
- Lot Size: .0908
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $3,717.53
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: 313 BARKWILL TR 0138 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 132-10-159
Listed by The Agency Cleveland Northcoast, Joshua Anton
Sold by Realtown Realty LLC, Joey Samide
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Schools
Schools serving 3821 E 55th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105 | PK-8 | 1.6 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 1.8 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 2.3 mi |
East Technical High School 2439 East 55th Street, Cleveland, OH 44104 | 9-12 | 2.6 mi |
Luis Munoz Marin School 1701 Castle Avenue, Cleveland, OH 44113 | PK-8 | 2.6 mi |
Benjamin Franklin 1905 Spring Road, Cleveland, OH 44109 | PK-8 | 2.6 mi |
Alfred A. Benesch School 5393 Quincy Avenue, Cleveland, OH 44104 | K-8 | 2.7 mi |
Denison 3799 West 33rd Street, Cleveland, OH 44109 | PK-8 | 2.8 mi |
Scranton School 1991 Barber Avenue, Cleveland, OH 44113 | PK-8 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3821 E 55th St
Date
Details
Price
Change
Source
12/04/2025
Sold
$240,000
-7.66%
MLS
10/16/2025
Listed
$259,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3821 E 55th Street, Loveland, OH 44105 (MLS# 5125672) is a Multi-Family property that was sold at $240,000 on December 04, 2025. Want to learn more about 3821 E 55th Street? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

