Back 4137 E 59th St
Off Market

4137 E 59th St

Cleveland OH 44105

3
1
1747 sq. ft.
0.12 ac.
Single-Family
Last sold for $53,000
Christopher FrederickChristopher Frederick, last sold this property on 16 June 2025 after 319 days on market.

Overview

-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!

Features

3 bedrooms
1 bathroom
1747 sq. ft. floor area
0.12 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Cleveland over the last 12 months, the estimated median property value of 4137 E 59th St is $82k.

Median value
$82k
Estimated value range
$18k - $270k
Median days on market
37
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cleveland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4137 E 59th St

2025
Sold
$53,000
16 Jun 2025 by Christopher Frederick, of Coldwell Banker Schmidt Realty
2017
Sold
$14,000
29 Nov 2017 by Steve Shamblin, of Arrow Realty
2017
Sold
$14,000
29 Nov 2017 by Steve Shamblin, of Arrow Realty

Happy sellers in Cleveland

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We have insufficient information to provide an overview of customer satisfaction for Cleveland. Viewing the agent profiles, reviews and sales for Cleveland can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Cleveland

In the last 12 months, 192 three-bedroom single-family properties similar to 4137 E 59th St, have been sold.

This represents a 9% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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