Scott Myers

1430 E 53rd Street, Cleveland, OH 44103

$174,900
  • 1430 E 53rd Street, Cleveland, OH 44103 Main Photo
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New to the Market Active
BEDS5 BATHS3 full MLS#5210796
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHenry R & M T Herricks Allotm SCHOOLCleveland Municipal - 1809

Property Description

Ideal for investors or owner-operators seeking a high-performing short-term rental opportunity, this stunner and income-producing single-family property features three separate rental units with documented 2025 gross income of approximately $48,900 during a partial-year Airbnb ramp-up period. Platform-verified Airbnb performance reflects active months averaging $5,200+ per month, with projected stabilized annual gross income exceeding $60,000+. The versatile unit configuration includes: ? Front Unit: 1 bedroom / 1 bathroom ? Middle Unit: 3 bedroom / 1 bathroom (with flexibility to market as a 1 bed / 1 bath for occupancy optimization) ? Back Unit: 1 bedroom / 1 bathroom Extensive recent improvements include brand-new flooring, fresh paint, updated appliances, electronics, and a tankless water heater. The property is being sold fully furnished, offering a true turnkey investment opportunity from day one. With a projected CAP rate exceeding 2025%, this is a rare opportunity to acquire a cash-flowing STR asset with immediate income potential and future upside. Exceptional setup for Airbnb investors, house hackers, or portfolio expansion. Opportunities like this do not last long.

1430 E 53rd Street | MLS# 5210796

This single family home located at 1430 E 53rd Street, Cleveland, OH 44103 is currently listed for sale with an asking price of $174,900. This property was built in 1905 and has 5 bedrooms and 3 full baths. E 53rd Street is located in the Henry R & M T Herricks Allotm subdivision within the Cleveland Municipal - 1809 school district. Search Henry R & M T Herricks Allotm real estate on smyers.mcrealestateohio.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Wall Unit(s)
Heating: Forced Air
Home Style: Cape Cod
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $862 / year
Year Built: 1905

Feature Descriptions

Appliances: Microwave, Range, Refrigerator
Exterior: Vinyl Siding
Laundry: Inside, Main Level
Parcel#: 104-10-025
Parking: No Garage
Patio/Porch: Front Porch
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: RE/MAX Above & Beyond
Agency Contact: katybrahler@yahoo.com, 440-724-4313

Shown By

Agent Name: Scott Myers
Agent Phone: (330) 635-6158
Agency Title: M.C. Real Estate

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Estimated Payment

$ 512.10 per month $389.25 Principal & Interest $71.83 Property Tax $51.01 Homeowner's Insurance

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