1430 E 53rd StreetCleveland, OH 44103

1430 E 53rd StreetCleveland, OH 44103

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$177,000 Active
Residential - Single Family MLS 5184214
5 beds 3 full baths
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Listed By

Agency Name: HomeSmart Real Estate Momentum LLC
Agency Contact: austinassad1@gmail.com, 330-541-6918

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Looking for the perfect Airbnb investment property? Fully furnished & income-producing, this single-family home offers three rental units with documented 2025 gross income of approx. $48,900 (partial-year STR ramp-up). Airbnb income is platform-verified, with active months averaging $5,200+/month, with stabilized gross income to exceed $60,000+ for full year. Unit Breakdown: Front - 1bed/1bath , Middle- 3bed/1bath (can be marketed as 1/1 as well for maximum occupancy), Back- 1bed/1bath. Brand new flooring, paint, appliances, electronics, tankless water heater. Selling fully furnished, CAP RATE exceeds 20-25%, this truly is a turnkey business! WON'T LAST LONG!

1430 E 53rd Street | MLS# 5184214

This single family home located at 1430 E 53rd Street, Cleveland, OH 44103 is currently listed for sale with an asking price of $177,000. 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 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Partial
Basement: Yes
Cooling: Window Unit(s)
Days on Market: 21
Heating: Baseboard, Electric, Forced Air
Home Style: Bungalow
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Taxes: $845 / year
Year Built: 1905

Amenities

Ceiling Fan(s)
Recessed Lighting

Feature Descriptions

Appliances: Dryer, Microwave, Range, Refrigerator, Washer
Exterior: Vinyl Siding
Parcel#: 104-10-025
Parking: Driveway, On Street
Patio/Porch: Front Porch
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Market Trends

Cuyahoga County Residential Market Trend Graphs
  • Zip Code 44103

Source: Delta Media Group, Inc.

Demographics

Cuyahoga County Demographic Information for 1430 E 53rd Street, Cleveland, OH 44103
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 985.63 per month $863.58 Principal & Interest $70.42 Property Tax $51.63 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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