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USAOHClevelandCrawford-Woodhill3280 E 121St St
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3280 E 121St 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 
Taxes $1,288
Days Active 73
Lot Size 
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
Acreage
Exterior
Garage
Approx. Age1920
BasementFull
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jan 30, 2024End Date
$70,380Sold Price

Sold

May 6, 2026List Date
$78,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$139,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $78,000 and $170,000.
Similar properties in this area sold on average for: $78,626
Expected to sell very soon! Similar properties sold in 29 days. This home has been on Zoocasa for 73 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
3280 E 121St St, Cleveland, OH

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