$80,000
UNDER CONTRACT

1292 E 137th St Cleveland, OH 44112

Estimated payment $504/month

Total Views 2,343
6 Beds
3 Baths
2,864 Sq Ft
$28 Price per Sq Ft

About This Home

Nicely maintained duplex is ready for its next owner!! Cozy first floor unit, with 2 beds and 1 bath, is currently being advertised for rent for $800. It features beautiful hardwood floors throughout and features a large dining room with built-ins, an open kitchen with granite countertops, making it very desirable to prospective tenants. The spacious upper unit includes BOTH the 2nd and 3rd floors, and features 4 bedrooms and 2 bathrooms! It is currently being marketed for $1300, making the total potential rent of over $2,000/month. At $24,000 in GRI, this property beats both the 1% Rule and a 10-Cap standard, making it a fantastic investment property. Other upgrades: 100-AMP electrical service with updated panels. Vinyl windows. Unfinished basement is 1131 sq. ft. All mechanicals are in good working order. POS application has been submitted. Schedule your tour today.

Listing Agent

Joseph Skerbec

Premier Heights Realty LLC Brokerage Email: 216-860-0005 sophie@premierheights.com License #2024006496 Listed on: 02/28/2025

Co-Listing Agent

Sophie Boehlen

Premier Heights Realty LLC Brokerage Email: 216-860-0005 sophie@premierheights.com License #2023005046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $675

Year Built

  • Built in 1926

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,864 Sq Ft Home
  • 3-Story Property
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Ch Covills Sub Subdivision

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 671-01-155

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$675

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1926
  • Attribution Contact: 216-860-0005 sophie@premierheights.com
  • Co List Office Mls Id: 20560
  • Co List Office Phone: 216-860-0005
  • Subdivision Name: Ch Covills Sub
  • Above Grade Finished Sq Ft: 2864.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • Acres: 0.1102
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway

Utilities

  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: East Cleveland CSD - 1812

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 671-01-155
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 675.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 For Sale $80,000 -- $28 / Sq Ft
Source: MLS Now

Similar Homes in Cleveland, OH

  • 1245 E 137th St, Cleveland, OH 44112

    $100,000

    • 6 Beds
    • 3 Baths
    • 2,859 Sq Ft
    • 1245 E 137th St
    • Cleveland, OH

    Introducing a prime investment opportunity in East Cleveland, Ohio - a multi-family property that offers security and peace of mind for the discerning investor or owner occupant. Property features a new hot water tank, a long-term tenant that is committed to staying, making this property an attractive option for those seeking a low-maintenance investment with potential for long-term gains. In

    Ebony Davis Plum Tree Realty, LLC

    Section Image
  • 1269 E 143rd St, Cleveland, OH 44112

    $78,000

    • 4 Beds
    • 2 Baths
    • 2,134 Sq Ft
    • 1269 E 143rd St
    • Cleveland, OH

    Come see this 2-unit multi family home each featuring 2 bedrooms and 1 bathroom. This is a great property to begin building your portfolio, or add it into your current one. All it needs is you and tenants to begin making income right away. Schedule a showing today and ask about the package deal with 8503 Connecticut Ave

    Brandon Williams Plum Tree Realty

    Section Image
  • 13436 Hartford Rd, Cleveland, OH 44112

    $92,000

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 13436 Hartford Rd
    • Cleveland, OH

    Add this to your investment portfolio!! Great up and down duplex for sale! This property offers a wonderful turnkey opportunity with a vacant down unit that is ready to go AND an UP unit that is already occupied Sec 8! Both units offer the same layout with a nice sized living room, dining room, full kitchen, hallway with storage closet, two bedrooms, full bathroom and private front porch areas!

    Leilani Bowersock Coldwell Banker Schmidt Realty

    Section Image
  • 474 E 128th St, Cleveland, OH 44108

    $100,000

    • 4 Beds
    • 2 Baths
    • 2,569 Sq Ft
    • 474 E 128th St
    • Cleveland, OH

    NO SELLER FINANCEDuplex property... Investors! Two unit house is a cash flowing machine! Gross rent of $2,700/month or $32,400/year, for a 33% ROI. Repairs are needed. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 33% ROI, NO SELLER FINANCE.

    Marie Bowe USRealty.com LLP

    Section Image
  • 13620 Earlwood Rd, Cleveland, OH 44110

    $79,900

    • 4 Beds
    • 3 Baths
    • 13620 Earlwood Rd
    • Cleveland, OH

    This is a great multi-family home to add to your investment portfolio!! The third floor is remodeled and can be converted into a separate unit. Don't miss out and schedule a showing today! Tenant occupied. Please allow 24-hour notice for showings.

    Michael Lewis Russell Real Estate Services

    Section Image
  • 13809 Earlwood Rd, Cleveland, OH 44110

    $90,000

    • 6 Beds
    • 2 Baths
    • 13809 Earlwood Rd
    • Cleveland, OH

    Excellent opportunity to obtain a large side by side duplex. Three bedrooms each unit and separate basements, very desirable for tenants. Units do need some repair. Schedule your tour today!

    Jessica Conner B2B Realty

    Section Image
  • 14720 Coit Rd, Cleveland, OH 44110

    $82,000

    • 4 Beds
    • 2 Baths
    • 2,032 Sq Ft
    • 14720 Coit Rd
    • Cleveland, OH

    NO SELLER FINANCEDuplex property... Investors! Two unit house is a cash flowing machine! Gross rent of $2,700/month or $32,400/year, for a 40% ROI. Repairs are needed. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 40% ROI, NO SELLER FINANCE.

    Marie Bowe USRealty.com LLP

    Section Image
  • 692 E 128th St, Cleveland, OH 44108

    $60,000

    • 4 Beds
    • 2 Baths
    • 692 E 128th St
    • Cleveland, OH

    This multi-family property, offers an excellent investment opportunity in Cleveland's Forest Hills neighborhood. This property is ideal for rental income or long-term appreciation. Recent sale data reflects affordability, and the estimated monthly rental income of $1,317 provides strong cash flow potential. Located near public transportation and local amenities, this property is perfect for

    Victoria Jeter BHR & Associates

    Section Image
  • 12819 Edmonton Ave, Cleveland, OH 44108

    $95,000

    • 4 Beds
    • 2 Baths
    • 12819 Edmonton Ave
    • Cleveland, OH

    Unlock exceptional income-producing potential with this solidly built, cash-flowing duplex in the heart of Cleveland! This charming property features two spacious units, each offering 2 bedrooms and 1 full bath—perfect for long-term rental income, house hacking, or Section 8/CMHA tenants. With CMHA rental potential of $2,000+, this is an excellent opportunity for investors seeking amazing return

    David Porter Platinum Real Estate

    Section Image
See All Homes in Cleveland

Source: MLS Now

MLS Number: 5102673

MLS Now

APN: 671-01-155

Ohio Cuyahoga County Cleveland 44112

1292 E 137th St, Cleveland, OH

This home is located at 1292 E 137th St, Cleveland, OH 44112 and is currently priced at $80,000, approximately $27 per square foot. This property was built in 1926. 1292 E 137th St is a home located in Cuyahoga County with nearby schools including Shaw High School, Lake Erie College Preparatory School, and Citizens Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Joseph Skerbec
Section Image
Premier Heights Realty LLC
(216) 528-0247