4230 E 126th St Cleveland, OH 44105
Corlett NeighborhoodEstimated payment $726/month
Highlights
- Colonial Architecture
- Balcony
- Front Porch
- No HOA
- 2 Car Detached Garage
- Forced Air Heating System
About This Home
ATTENTION INVESTORS! Turnkey, remodeled Section 8 rental generating $1,418 per month (owner pays water, sewer, and trash) w/quality tenant in place who would like to remain. Property has recently passed the annual Section 8 inspection, offering immediate, reliable cash flow in an investor-friendly area w/steady demand and growth. Spacious, light-filled colonial features 3 finished levels & 4 bedrooms w/no carpet all LVP flooring—durable flooring throughout/easy maintenance. As you arrive, you’ll notice updated exterior touches including newer entry steps. Inviting front porch leads into a large living room perfect for entertaining, flowing into a formal dining room and an oversized eat-in kitchen with tasteful white cabinetry and plenty of space. Upstairs offers three sizable bedrooms with LVP flooring and fresh paint, along with a full bath. Enjoy your morning coffee from the second-floor balcony. Large 4th bedroom or studio on 3rd floor. Basement offers ample storage and appears to have had prior waterproofing. Outside, the fully fenced backyard is perfect for relaxing or entertaining, and the solid 2+ car garage adds convenience. quiet street. Strong income, updated condition, and solid tenant make this a great addition to any portfolio. Do not disturb tenant. No showings until accepted offer. No wholesalers.
Listing Agent
Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #426983 Listed on: 03/20/2026
Co-Listing Agent
Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #2022005290
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,384
Year Built
- Built in 1913
Lot Details
- 6,077 Sq Ft Lot
- Property is Fully Fenced
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Unfinished Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Balcony
- Front Porch
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Kennedy & Christy Subdivision
Listing and Financial Details
- Assessor Parcel Number 138-15-132
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 | $1,384 | $20,685 | $3,850 | $16,835 |
| 2024 | $1,383 | $20,685 | $3,850 | $16,835 |
| 2023 | $1,018 | $13,130 | $1,930 | $11,200 |
| 2022 | $990 | $13,130 | $1,930 | $11,200 |
| 2021 | $980 | $13,130 | $1,930 | $11,200 |
| 2020 | $977 | $11,310 | $1,650 | $9,660 |
| 2019 | $2,365 | $32,300 | $4,700 | $27,600 |
| 2018 | $900 | $11,310 | $1,650 | $9,660 |
| 2017 | $800 | $9,700 | $1,370 | $8,330 |
| 2016 | $794 | $9,700 | $1,370 | $8,330 |
| 2015 | $937 | $9,700 | $1,370 | $8,330 |
| 2014 | $937 | $11,410 | $1,610 | $9,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Sale | $114,500 | +10.1% | $49 / Sq Ft | |
| 06/03/2024 06/03/24 | Sold | $104,000 | 0.0% | $65 / Sq Ft | View Prior Sale |
| 04/13/2024 04/13/24 | Off Market | $104,000 | -- | -- | |
| 04/13/2024 04/13/24 | Pending | -- | -- | -- | |
| 04/12/2024 04/12/24 | For Sale | $104,000 | -- | $65 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $104,000 | Infinity Title | |
| Special Warranty Deed | $36,501 | Rosenberg Jay | |
| Sheriffs Deed | $26,667 | Manley Deas Kochalski Llc | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $7,800 | New Conventional |
Source: MLS Now
MLS Number: 5194898
APN: 138-15-132
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Ask me questions while you tour the home.