732 E 127th St Cleveland, OH 44108
Forest Hills NeighborhoodEstimated payment $831/month
Highlights
- Medical Services
- Community Playground
- Wood Siding
- City View
- Forced Air Heating System
About This Home
***DO NOT DISTURB OR APPROACH ANY TENANTS***Excellent investment opportunity, this property is part of a seven-building multifamily portfolio (five duplexes and two triplexes) offered individually or as a complete package. Sellers reserve the right to allow for minimum market exposure before considering any offers. Current in place rents are over $12,000 across the portfolio. Properties are located across Cleveland and one in Cleveland Heights with 100% occupancy and strong in-place rent rolls, with room to increase rents to market levels. EMAIL for NDA to sign and details on the portfolio. Each property has separate gas & electric utilities, solid rental history, and a mix of long-term tenants, with subsidized and cash paying. Several units feature newer roofs, younger mechanicals, and updated electric panels and hot water heaters. Ideal for both seasoned investors seeking immediate cash flow and portfolio diversification, or local operators looking to add proven income-producing assets. The portfolio has in house management and maintenance willing to stay on for a new owner. All properties are current on rental registrations and lead-safe compliance. EMAIL for NDA and info. End buyers only, no wholesalers, contract assignments. No seller financing will be considered.***DO NOT DISTURB OR APPROACH ANY TENANTS***
Listing Agent
Keller Williams Living Brokerage Email: michael@themagnogroup.com License #2016003542 Listed on: 11/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,472
Year Built
- Built in 1918
Lot Details
- 4,356 Sq Ft Lot
Home Design
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,784 Sq Ft Home
- 3-Story Property
- City Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- Driveway
- On-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 110-07-018
Community Details
Amenities
- Medical Services
Recreation
- Community Playground
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2025 11/26/25 | Pending | -- | -- | -- |
| 11/15/2025 11/15/25 | For Sale | $135,000 | -- | $48 / Sq Ft |
Source: MLS Now
MLS Number: 5171042
APN: 110-07-018
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