$59,900

5405 Caleb Court, Cleveland, OH 44127

2 beds |
1 bath |
752 sqft

Single-Family Home
Built in 1870
3,001sqft lot
—— car garage
$80/sqft
Listed 4 days ago

Property Description

5405 Caleb Court – Turnkey Investment Opportunity! This 2-bedroom, 1-bath property is the perfect entry point for investors looking to break into the Cleveland market. Currently rented at $875/month with a long-term tenant on lease through March 2026, this home easily exceeds the 1% rule at an attractive asking price of $59,900. Recent updates include a brand-new roof installed in October 2025, offering peace of mind and reduced maintenance costs for years to come. The property will also be delivered with lead-paint certification, ensuring compliance and safety. Whether you’re building your portfolio or seeking your first Cleveland investment, this is a cash-flowing, hassle-free addition in a solid rental area. Contact your favorite Realtor today for more details or to schedule a showing!

Listing Status:: Active
Listing Office:: Lokal Real Estate, LLC. : 216-252-6580
Listing Agent:: Keyano Burgess : 216-387-7220
MLS ID:: 5167418

A/C: None
Heating: Forced AirGas
Fireplace: Fireplaces: 0

Style: Bungalow
Parking: Driveway

Roofing: AsphaltFiberglass
General: Vinyl SidingOne and One Half

Originating MLS: NOWDD_NORM
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: 320 MORGAN 0025 SWP131-23-042

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Keyano Burgess, Lokal Real Estate, LLC.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Mound School

5935 Ackley Rd, Cleveland, OH, 44105

Grades PK-8

0.40 miles away

Mound School

5935 Ackley Rd, Cleveland, OH, 44105

Grades PK-8

0.40 miles away

East Tech High School

2439 E 55th St, Cleveland, OH, 44104

Grades 9-12

1.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.