#5091490, LaTasha R Jamison, Listing Office: DreamTeam Realty, Inc.
4137 E 59 Th St Cleveland, OH 44105
Property details
About 4137 E 59 Th St
-Attention All Investors – Foreclosure Opportunity! Don’t miss this rare chance to scoop up a turnkey investment property that's vacant, easy to show, and ready for its next tenant with some cleaning! This solid 3-bedroom Cape Cod sits on a quiet, low-traffic street with a private backyard and has seen several updates over the past 6–7 years. With a little cleanup from the prior tenant that recently moved out, it’s rent-ready and offers strong income potential, with current market rents that are very affordable. Whether you're a seasoned investor or just getting started, this home is an excellent addition to your portfolio. The property features a full basement, a comfortable layout, and prior cosmetic and mechanical updates. It's in a transitioning area with rising values and rents, making it a smart long-term play. Investors have the option to self-manage or continue with professional property management already in place. Financing options available: Cash, hard money, or owner financing with 20% down (approx. 9% interest, 2-year balloon). Please note: No wholesalers. End-user buyers only. Photos show the home’s potential and updates—serious inquiries only. Proof of funds or pre-approval is required for all showings. Don’t wait—schedule your tour today and take advantage of this income-producing opportunity with immediate cash flow!
Highlights
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: Driveway
- Exterior: Deck, Enclosed Porch, Patio, Porch
- Architectural Style: Bungalow, Cape Cod
- Heating: Forced Air, Natural Gas, Hot Water, Steam
- Cooling: None
- List Price: $64,500
- Price/SqFt: $36
- Directions: Off 59th
- Year Built: 1910
- Stories: 2
- Living Area: 1,747 SqFt
- Lot Size: 0.124 Acres
- MLS Number: 5116661
- MLS Name: NOWDD
- Office Name: Coldwell Banker Schmidt Realty
- Office Phone: (216) 210-7653
- Office Email: thefrederickteam@gmail.com
- Listing Agent: Christopher A Frederick
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$64,500
4137 E 59 Th St
$766
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Constellation Schools: Eastside Arts Academy
Public Charter KG-6
0.5 mi
•6700 Lansing Ave
8
Cuyahoga Hts Elementary School
Public District PK-5
1.4 mi
•4880 E 71st St
4
Elmwood Elementary School
Public District KG-5
2.9 mi
•5275 Turney Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,198. Residents of Cleveland, OH typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 4137 E 59 Th St
The listing price of 4137 E 59 Th St property is $64,500.
The property 4137 E 59 Th St is a house located in Cleveland, Ohio, 44105.
Active Listing: 4137 E 59 Th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4137 E 59 Th St are: Constellation Schools: Eastside Arts Academy (GreatSchools Rating 5/10), Cuyahoga Hts Elementary School (GreatSchools Rating 8/10), Elmwood Elementary School (GreatSchools Rating 4/10), Hope Academy Northcoast (GreatSchools Rating 3/10), Washington Park Community School (GreatSchools Rating 4/10), Albert Bushnell Hart School (GreatSchools Rating 4/10), Cuyahoga Hts High School (GreatSchools Rating 9/10), North Shore High School (GreatSchools Rating 3/10), Garfield Heights High School (GreatSchools Rating 3/10).
The property at 4137 E 59 Th St has 3 bedrooms and 1 bathroom.
The property 4137 E 59 Th St is 1,747 SqFt (source: MLS/tax record).
The year of construction for 4137 E 59 Th St is 1910.
This home is located at 4137 E 59 Th St in Cleveland, OH and zip code 44105 in the Broadway-Slavic village neighborhood. This 1,747 square foot home, which was built in 1910, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $64,500.
While more than 235 listings in Cleveland, OH in March 2025 were sold above asking price, there were more than 83 listings sold at asking price, and more than 286 were sold below. The number of homes for sale in Cleveland, OH increased by 14.1% between February and March 2025. In March 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $170,800.