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USAOHClevelandCrawford-Woodhill3280 E 121St St
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3280 E 121 St St, Cleveland, OH

House

For Sale

Listed price in listed location currency (USD).
$139,000

310

MLS® 5190375

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1404 sqft
Garage No
Taxes $1,288
Days Active 0
Lot Size 0.1117 acres
Approx. Age 1920
Avg. Price Per Sqft $99
MLS® Number 5190375

Property Address: 3280 E 121st St, Cleveland, OH, 44120-3831

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

Description

ATTENTION INVESTORS: SECTION 8 VALUE-ADD UPSIDE — RENT RESET PLAY WITH PROJECTED $1, 600–$1, 900/MO Ideal for an investor who wants control and upside instead of just inheriting an old, under-market lease. The current CMHA tenant is on a month-to-month lease and has fallen behind on rent, but is cooperative and willing to work with ownership, creating a natural transition point to either structure a cure plan or non-renew and bring in a fresh, fully qualified Section 8 tenant at today's stronger rent levels. Based on current CMHA schedules and area performance, a refreshed tenancy is expected to support a revised rent in the projected $1, 500–$1, 900/month range, subject to CMHA approval and buyer verification. The house also has a value-add opportunity with ample basement space to add 2 more bedrooms, increasing the rent potential to $1800-2400/mo. Located in a high-demand rental corridor on Cleveland's east side, this property sits in a strong proven Section 8 pocket where homes lease quickly and stay full. The house itself is in good shape, with key CapEx already handled — including a recent partial roof replacement — helping limit long-term deferred maintenance and keeping the focus on rent strategy rather than heavy repairs. Lead-based paint testing has been completed and passed, with the report available upon request, offering a compliance-ready asset for a new owner. Month-to-month status gives maximum flexibility to line up your next tenant and transition on your schedule while keeping options open with the current, cooperative renter. Once stabilized with a new or restructured Section 8 contract at updated rent, this becomes the kind of low-drama, government-backed income stream that performs well as a long-term hold. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. 48-hour notice typically required for showings. Showings only after accepted offer.
MLS® Number5190375
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1117
Exterior
GarageNo
Approx. Age1920
BasementFull
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$139,000List Price
Jan 30, 2024End Date
$70,380Sold Price

Sold

Jan 8, 2024List Date
$78,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $79,000 and $169,000.
Similar properties in this area sold on average for: $79,209
Expected to sell in 50 days. Similar properties sold in 50 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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Destination Address
3280 E 121 St St, Cleveland, OH

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