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USAOHClevelandMt Pleasant View3427 E 121St St
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3427 E 121 St St, Cleveland, OH

House

For Sale

Listed price in listed location currency (USD).
$100,000

310

MLS® 5192555

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2442 sqft
Garage Yes
Taxes $462
Days Active 0
Lot Size 0.1359 acres
Approx. Age 1917
Avg. Price Per Sqft $40
MLS® Number 5192555

Property Address: 3427 E 121st St, Cleveland, OH, 44120-4301

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 3427 E 121st Street, a strong income-producing single-family home featuring 3 bedrooms and 1 bathroom, offering an excellent opportunity for investors seeking reliable cash flow and long-term stability. This Section 8 occupied property is currently generating impressive rental income, with CMHA paying $1, 411 per month and the tenant contributing an additional $357, for a total monthly rent of $1, 768 per month. At the current asking price, this property shatters the traditional 1% rule, approaching nearly 2% monthly returns, making it a standout cash-flow opportunity in today’s market. In addition to its strong income performance, the property has received several key updates that provide peace of mind for long-term ownership. Improvements include a furnace that is approximately 5 years old, a hot water tank that is also around 5 years old, along with a new roof and new windows installed throughout the home. To further assist the next owner, the seller is offering a $5, 000 credit at closing toward deferred maintenance, providing additional flexibility and value for buyers. With dependable rental income already in place and important mechanical updates completed, 3427 E 121st Street represents a turnkey investment opportunity for both new and experienced investors looking to expand their Cleveland portfolio. This property can also be sold as part of a portfolio opportunity including 3198 E 118th Street (MLS #5192517), 3261 E 119th Street (MLS #5192541), and 3286 E 140th Street (MLS #5192677). Reach out to your favorite Realtor today to schedule a showing — this opportunity will not last long.
MLS® Number5192555
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1359
Exterior
GarageYes
Approx. Age1917
BasementConcrete, Unfinished
DrivewayDriveway, Detached, Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$100,000List Price
Apr 11, 2025End Date
$85,000Sold Price

Sold

Mar 20, 2025List Date
$100,000List Price
How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $83,000 and $109,000.
Similar properties in this area sold on average for: $83,256
Expected to sell in 39 days. Similar properties sold in 39 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
3427 E 121 St St, Cleveland, OH

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