2764 E 124th StreetCleveland, OH 44120

2764 E 124th StreetCleveland, OH 44120

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$135,000 Pending
Multi Unit - Multiple MLS 5190281 New to the Market Pending

Listed By

Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: tarina.sellshomes@yahoo.com, 419-706-2365

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Fully renovated duplex offering strong income potential and excellent rental demand. Based on current market data, comparable units in the area average approximately $1,367 per month for a 2-bedroom, 1-bath and $1,762 per month for a 3-bedroom, 1-bath, creating a projected gross monthly income potential of $3,129 once fully leased. Both units feature updated interiors and functional layouts designed to attract quality long-term tenants. The property is currently vacant and move-in ready, offering immediate flexibility for investors or owner-occupants. Additional highlights include off-street parking, a two-car garage, and a small fenced-in yard. Each unit also enjoys covered front and rear upper/lower patios, providing desirable outdoor living space for tenants. A great opportunity to owner-occupy one unit while generating income from the other. Owner-occupants may qualify for FHA financing, allowing for lower down payment options and competitive interest rates for qualified buyers. Ideal for those looking to house hack or add a turn-key duplex to their investment portfolio. Also available as part of a larger investment portfolio see MLS #5184938 for details. Agent related to seller

2764 E 124th Street | MLS# 5190281

This multi-family property located at 2764 E 124th Street, Cleveland, OH 44120 is currently listed for sale with an asking price of $135,000. E 124th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 3
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,490 / year
Year Built: 1918

Feature Descriptions

Exterior: Aluminum Siding
Parcel#: 129-15-049
Parking: Off Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 2764 E 124th Street, Cleveland, OH 44120
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 822.21 per month $658.67 Principal & Interest $124.17 Property Tax $39.38 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage