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Property Description
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:     "¢Â    Immediate rental income - $19,200/year gross     "¢Â    Reliable Section 8 payments direct to owner     "¢Â    Zero utility costs for landlord     "¢Â    Easy to manage or perfect for property management     "¢Â    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.
Full Property Details
Full Property Details for 3871 E 54th St
General
- Sold For: $104,000
- Taxes: $1,565 (2024)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5147870
- Added to Site: 91 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 2
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Barkwill Trail
- Driving Directions: Off Fleet Ave
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 2,000
- Living Area: 2,000 Sq. Ft.
- Finished Above Grnd: 2,000 Sq. Ft.
- Year Built: 1900
- Year Built Source: Owner
Lot Features
- Lot Size (Acres): 0.0758
- Lot Size: .0758
- Lot Size Source: Owner
Financial Considerations
- Tax Amount: $1,565
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 312 BARKWILL TR 0236 ALL
- Property ID: 132-11-068
Listed and Sold by Keller Williams Citywide, Mark A Colucci
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Schools
Schools serving 3871 E 54th 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 | 1.9 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 2.3 mi |
Benjamin Franklin 1905 Spring Road, Cleveland, OH 44109 | PK-8 | 2.5 mi |
Luis Munoz Marin School 1701 Castle Avenue, Cleveland, OH 44113 | PK-8 | 2.6 mi |
East Technical High School 2439 East 55th Street, Cleveland, OH 44104 | 9-12 | 2.7 mi |
Denison 3799 West 33rd Street, Cleveland, OH 44109 | PK-8 | 2.7 mi |
Alfred A. Benesch School 5393 Quincy Avenue, Cleveland, OH 44104 | K-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 3871 E 54th St
Date
Details
Price
Change
Source
10/22/2025
Sold
$104,000
-4.59%
MLS
10/16/2025
Listed
$109,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3871 E 54th Street, Loveland, OH 44105 (MLS# 5147870) is a Single Family property that was sold at $104,000 on October 22, 2025. Want to learn more about 3871 E 54th Street? Do you have questions about finding other Single Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

