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$150,000

3540 E 154th St Cleveland, OH 44120

6 beds
3 full
2,706 sqft
0.1 acres
$55 / sqft
Multi-Family

Property details

About 3540 E 154th St

Turn-key and rent-ready triplex with solid recurring income potential in Cleveland's Mount Pleasant neighborhood. Each of the three spacious units offers 2 bedrooms and 1 full bathroom, providing consistent rental appeal for tenants seeking comfortable, functional living spaces. Well-maintained and ready for your next investment move, this multi-family property offers strong cash flow potential with a practical layout ideal for long-term returns. Whether you're a seasoned investor or just starting out, this is a great opportunity to begin or expand your real estate holdings. Located in a high-demand rental area with convenient access to local shops, transit, schools, and major employers, this property is positioned for sustained tenant demand and stable returns. Don’t miss this chance to build your portfolio with a property that checks all the boxes for smart investing.

Highlights

Home typeTriplex
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Contingent)
Size2,706 sqft
BasementYes
Lot size0.137 Acres
Year built1925
ParkingNo Garage, Paved
MLS #5131174

Summary

  • Full Bathrooms: 3
  • Basement: Yes
  • Total Bedroom Count: 6
  • Attached Garage: No
  • Private Pool: No
  • Parking: No Garage, Paved
  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • List Price: $150,000
  • Price/SqFt: $55
  • Annual Tax Amount: $1,462
  • Tax Year: 2023
  • Directions: S off Chagrin Blvd, W of Lee
  • Year Built: 1925
  • Stories: 3
  • Living Area: 2,706 SqFt
  • Lot Size: 0.137 Acres
  • MLS Number: 5131174
  • MLS Name: NOWDD
  • Office Name: EXP Realty, LLC.
  • Office Phone: (216) 973-1402
  • Office Email: michaelhenry@advgroupagents.com
  • Listing Agent: Michael A Henry

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 4:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 19, 2022
Home Sold
$76,000
Aug 19, 2022
Home Sold
$90,000
Jun 28, 2022
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2023$18,870$1,462
2022$18,870$1,527
2021$18,870$1,440
2020$16,240$1,435
2019$16,250$5,046
2018$16,250$1,325
2017$20,170$2,297

History based on county public records data.

Nearby schools

5

Onaway Elementary School

Public District PK-4

0.8 mi

3115 Woodbury Rd

6

Fernway Elementary School

Public District KG-4

1.0 mi

17420 Fernway Rd

5

Lomond Elementary School

Public District KG-4

1.0 mi

17917 Lomond Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,960. The majority of Cleveland, OH residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

70%
<35k
28%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

55%
Single, No Kids
28%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
18%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3540 E 154th St

The listing price of 3540 E 154th St property is $150,000.

The property 3540 E 154th St is a multi located in Cleveland, Ohio, 44120.

Accepting Backup Offers: 3540 E 154th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 3540 E 154th St are: Onaway Elementary School (GreatSchools Rating 5/10), Fernway Elementary School (GreatSchools Rating 6/10), Lomond Elementary School (GreatSchools Rating 5/10), Andrew J. Rickoff School (GreatSchools Rating 3/10), Woodbury Elementary School (GreatSchools Rating 5/10), Charles Dickens School (GreatSchools Rating 3/10), Shaker Hts High School (GreatSchools Rating 5/10), John F. Kennedy High School (GreatSchools Rating 2/10), John Adams College and Career Academy (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $1,462 (source: MLS/based on county public records data).

The last sale was on August 19, 2022 for $76,000 (source: MLS/tax record).

The property 3540 E 154th St is 2,706 SqFt (source: MLS/tax record).

The year of construction for 3540 E 154th St is 1925.

This home is located at 3540 E 154th St in Cleveland, OH and zip code 44120 in the Parkhill Land neighborhood. This 2,706 square foot home, which was built in 1925, sits on a 0.14 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $150,000.

Over 306 listings were sold over their listed price in June 2025 in Cleveland, OH. In the same period over 335 listings were sold below the listed price and 98 listings were sold for the listed price. In June 2025 in Cleveland, OH there were 3.7% more homes for sale than in May. Listings spent 32 days on the market in June 2025, and had a median list price of $173,756 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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