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Listed price in listed location currency (USD).
$129,900

520

MLS® 5197435

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2344 sqft
Garage No
Taxes $883
Days Active 55
Lot Size 0.1125 acres
Approx. Age 1918
Avg. Price Per Sqft $55
MLS® Number 5197435

Property Address: 3274 E 123rd St, Cleveland, OH, 44120-3850

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

Description

Welcome to 3274 E 123rd Street in Cleveland—a strong investment opportunity in a high-demand rental corridor with immediate income and upside potential. This well-maintained duplex features a spacious 2-bedroom, 1-bathroom unit on the first floor and a 3-bedroom, 1-bathroom unit on the second floor, offering flexibility for both investors and owner-occupants alike. The upstairs unit is currently leased at $975 per month through November 2026, providing stable, long-term income from day one. The downstairs unit is vacant and freshly painted, making it rent-ready and primed for immediate occupancy or placement of a new tenant at market rents. This property has the potential to be a true cash-flowing asset. Based on CMHA payment standards for the 44120 zip code, 2-bedroom units can generate up to $1, 367 per month and 3-bedroom units up to $1, 762 per month—bringing the total potential monthly rent to approximately $3, 129 when fully optimized. For added peace of mind, major mechanical updates have already been completed, including newer furnaces and hot water tanks, reducing near-term capital expenditure concerns for the next owner. Whether you’re looking to expand your portfolio or secure a performing asset with strong rental upside, this property checks all the boxes. Reach out to your favorite Realtor today—this opportunity will not last long!
MLS® Number5197435
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1125
Exterior
GarageNo
Approx. Age1918
BasementFull
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Mar 30, 2026List Date
$129,900List Price

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