3274 E 123rd St Cleveland, OH 44120
Mount Pleasant NeighborhoodEstimated payment $762/month
Total Views
7,069
5
Beds
2
Baths
2,344
Sq Ft
$55
Price per Sq Ft
About This Home
Welcome to 3274 E 123rd Street in Cleveland—a strong investment opportunity in a high-demand rental corridor with immediate income and upside potential. This well-maintained duplex features a spacious 2-bedroom, 1-bathroom unit on the first floor and a 3-bedroom, 1-bathroom unit on the second floor, offering flexibility for both investors and owner-occupants alike. The upstairs unit is currently leased at $975 per month through November 2026, providing stable, long-term income from day one. The downstairs unit is vacant and freshly painted, making it rent-ready and primed for immediate occupancy or placement of a new tenant at market rents. This property has the potential to be a true cash-flowing asset. Based on CMHA payment standards for the 44120 zip code, 2-bedroom units can generate up to $1,367 per month and 3-bedroom units up to $1,762 per month—bringing the total potential monthly rent to approximately $3,129 when fully optimized. For added peace of mind, major mechanical updates have already been completed, including newer furnaces and hot water tanks, reducing near-term capital expenditure concerns for the next owner. Whether you’re looking to expand your portfolio or secure a performing asset with strong rental upside, this property checks all the boxes. Reach out to your favorite Realtor today—this opportunity will not last long!
Listing Agent
Lokal Real Estate, LLC. Brokerage Email: 216-252-6580, marketing@lokalrealestate.com License #2022000189 Listed on: 03/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $883
Year Built
- Built in 1918
Lot Details
- 4,901 Sq Ft Lot
Parking
- Driveway
Home Design
- Slate Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,344 Sq Ft Home
- 1-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Crawford Woodhill Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 130-04-098
Map
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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 | $883 | $13,195 | $3,955 | $9,240 |
| 2024 | $883 | $13,195 | $3,955 | $9,240 |
| 2023 | $453 | $5,850 | $2,630 | $3,220 |
| 2022 | $451 | $5,850 | $2,630 | $3,220 |
| 2021 | $447 | $5,850 | $2,630 | $3,220 |
| 2020 | $446 | $5,040 | $2,280 | $2,770 |
| 2019 | $413 | $14,400 | $6,500 | $7,900 |
| 2018 | $206 | $5,040 | $2,280 | $2,770 |
| 2017 | $569 | $6,730 | $2,280 | $4,450 |
| 2016 | $565 | $6,730 | $2,280 | $4,450 |
| 2015 | $1,932 | $6,730 | $2,280 | $4,450 |
| 2014 | $1,932 | $6,730 | $2,280 | $4,450 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $129,900 | -- | $55 / Sq Ft |
Source: MLS Now
About the Listing Agent
Keyano's Other Listings
Source: MLS Now
MLS Number: 5197435
APN: 130-04-098
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