2497 E 124th St Cleveland, OH 44120
Buckeye-Shaker NeighborhoodEstimated payment $1,373/month
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- Back Yard
- Eat-In Kitchen
- Ceiling Fan
- 5-minute walk to Fairhill Road Rockefeller Park
About This Home
Don’t miss this incredible investment opportunity in Cleveland! This fully occupied duplex is the perfect addition to your portfolio, offering immediate rental income and the possibility of becoming a triplex. Basement level unit was being rented for $700/month and is fully functional ready for its next tenant. This one-bedroom unit is finished with LVP flooring, living room space, all new paint and a walk-in tile shower.
First and second floor units feature 2 spacious bedrooms and 1.5 bathrooms, providing comfortable living for tenants. The first-floor unit is finished with cozy carpeting, creating a warm and inviting atmosphere, while the second-floor unit showcases beautiful hardwood floors for a classic, timeless feel. Both units also feature an additional four-seasons rooms for extra living space.
Major mechanical updates have already been taken care of, including a newer roof, two newer furnaces, and three newer hot water tanks, giving you peace of mind and reducing near-term maintenance costs. Laundry access is found in the basement. Outside, you’ll find a detached two-car garage along with a driveway that offers additional off-street parking, an attractive feature for tenants.
This location provides proximity to Cleveland Clinic, Shaker Square and Cleveland's beautiful parks. Whether you’re a seasoned investor or just getting started, this property checks all the boxes: income-producing, well-maintained, and full of potential. Opportunities like this don’t last, schedule your showing today!
Listing Agent
Keller Williams Greater Metropolitan Brokerage Email: davida@emermanteam.com, 216.978.2785 License #2002012018 Listed on: 03/20/2026
Co-Listing Agent
Keller Williams Greater Metropolitan Brokerage Email: davida@emermanteam.com, 216.978.2785 License #2020008708
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,719
Year Built
- Built in 1950
Lot Details
- 5,850 Sq Ft Lot
- Back Yard
Parking
- 2 Car Detached Garage
Home Design
- Duplex
- Brick Exterior Construction
- Fiberglass Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Laminate Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
Partially Finished Basement
- Apartment Living Space in Basement
- Laundry in Basement
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 129-06-050
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,719 | $56,245 | $10,360 | $45,885 |
| 2024 | $3,717 | $56,245 | $10,360 | $45,885 |
| 2023 | $2,737 | $35,770 | $7,770 | $28,000 |
| 2022 | $2,757 | $35,770 | $7,770 | $28,000 |
| 2021 | $2,731 | $35,770 | $7,770 | $28,000 |
| 2020 | $2,702 | $30,590 | $6,650 | $23,940 |
| 2019 | $2,503 | $87,400 | $19,000 | $68,400 |
| 2018 | $2,369 | $30,590 | $6,650 | $23,940 |
| 2017 | $2,263 | $27,170 | $5,710 | $21,460 |
| 2016 | $2,245 | $27,170 | $5,710 | $21,460 |
| 2015 | $2,504 | $27,170 | $5,710 | $21,460 |
| 2014 | $2,504 | $30,180 | $6,340 | $23,840 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2026 04/15/26 | Pending | -- | -- | -- |
| 03/20/2026 03/20/26 | For Sale | $199,000 | -- | -- |
About the Listing Agent
Marty Emerman has been in the business for more than 22 years and is the CEO and leader for one of Cleveland's most prominent real estate teams, The Emerman Team. Along with his wife, Nancy, Marty was one of the original agents that brought Keller Williams to Ohio in 2002. The Emerman Team has sold a combined total of 140 homes in 2022-2023 and has done over $43.3 Million in sales. They specialize anywhere from first-time home buyers to luxury listings across Cleveland Ohio. They are passionate
Marty's Other Listings
Source: MLS Now
MLS Number: 5194896
APN: 129-06-050
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Ask me questions while you tour the home.