3280 E 121st Street, Cleveland, OH 44120

Cleveland
Local realty services provided by:ERA Real Solutions Realty
3280 E 121st Street,Cleveland, OH 44120
$142,400
Virtual Tour
  • 5 Beds
  • 2 Baths
  • 1,404 sq. ft.
  • Single family
  • Pending
Listed by: scott a marvin
Office: team results realty
MLS#:5241608
Source:OH_NORMLS

Price summary

  • Price:$142,400
  • Price per sq. ft.:$101.42

About this home

ATTENTION INVESTORS: CASH COW!!! CASHFLOW FROM DAY 1 WITH SECTION 8 TENANT ALREADY IN PLACE! No need to wait 6 months to get it renovated and rented generating 100% rent from Uncle Sam. TURNKEY LISTING WITH TENANT IN PLACE! HUGEE RENTS! $1,954 per month — $23,448 annually!! Practically prints money! MASSIVE DSCR RATIO! Do the math!! Large 5-bedroom, 2-bath Cleveland rental currently generating The housing authority (CMHA) currently pays 100% of the rent, with a $0 tenant portion, providing reliable government-paid monthly income with minimal collection risk. TLocated in Cleveland’s 44120 rental corridor near Shaker Heights, Shaker Square, Buckeye–Shaker, Larchmere, University Circle, major hospitals, public transit, and downtown routes. The location benefits from stronger voucher rents associated with the surrounding Shaker-area market, while the owner still receives the advantage of lower Cleveland property taxes and no Heights POS escrow requirements. Major...

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Home facts

  • Year built:1920
  • Subdivision & Development:Crawford-Woodhill
  • Listing ID #:5241608
  • Added:55 day(s) ago
  • Updated:October 28, 2026 at 08:22 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,404 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Fiberglass, Shingle
  • Year built:1920
  • Building area:1,404 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Wood Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$142,400
  • Price per sq. ft.:$101.42
  • Tax amount:$1,389 (2025)

Features and amenities

  • Appliances:Range, Refrigerator
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