718 E 124th Street, Cleveland, OH 44108

Local realty services provided by:ERA Real Solutions Realty
718 E 124th Street,Cleveland, OH 44108
$320,000
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  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: kimberly reed
Office: keller williams elevate
MLS#:5179398
Source:OH_NORMLS

Price summary

  • Price:$320,000

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:5179398
  • Added:46 day(s) ago
  • Updated:February 20, 2026 at 08:19 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1920
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$320,000
  • Tax amount:$4,202 (2024)
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