BEDS8
BATHS4 full
MLS#5179398
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCleveland Municipal - 1809
Property Description
Solid brick 4-unit investment property with immediate cash flow and value-add potential. Two of the four units are currently rented at $1,020 per month. Each unit is currently on a month-to-month lease - providing in-place income with flexibility to adjust. NEWER MECHANICALS (hot water tank, furnaces, all new PEX plumbing, roof updated in 2025, new electrical boxes) This well maintained building features durable masonry construction, private balconies and strong curb appeal. Spacious layouts and natural light enhance tenant appeal, while the month to month tenancy allows a new owner to implement their investment strategy quickly. Ideal for investors seeking stabilized income with upside, portfolio expansion, or a value-add multifamily opportunity in Cleveland.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete
Cooling: None
Heating: Gas
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $4,202 / year
Year Built: 1920
Feature Descriptions
Days on Site: 58
Exterior: Brick
Parcel#: 110-05-013
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Keller Williams Elevate
Agency Contact: kimsoldit4U@gmail.com, 330-800-4400
Shown By
Agency Title: Progressive Urban Real Estate
Agency Phone: (216) 619-9696
Estimate Your Payment
Estimated Payment
$ 1,155.68 per month $712.18 Principal & Interest $350.17 Property Tax $93.33 Homeowner's Insurance
718 E 124th Street | MLS# 5179398
This multi-family property located at 718 E 124th Street, Cleveland, OH 44108 is currently listed for sale with an asking price of $320,000. E 124th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.progressiveurban.com today.