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Renovated Duplex
For Sale
Under Contract
$175,000

3040 E 126th Street, Cleveland, OH 44120

ResidentialIncome, Cleveland, OH

Property Size2,250 SF
Lot Size0.15 Acres
Price / SF$77.78
Days on Market46

Property Features for 3040 E 126th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Basement, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 1
Parking features Garage
Appliances Dishwasher, Range, Refrigerator
Subdivision Rice Heights
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions Off Buckeye
Standard status Active Under Contract
APN 129-24-030
Size 2,250 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 437 RICEHTS 0343 ALL
Tax Annual Amount 1267
Legal Description 437 RICEHTS 0343 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1920
Floors in Building 3
Building materials VinylSiding
Roof type Asphalt
Listing Agency: EXP Realty, LLC.
Listed By: LaTanya C Jackson · License #2005015555
Added: Jul 16 Changed: Aug 26 Last Checked: Aug 30 at 1:06PM
MLS# 5228066

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1920-built duplex contains 2,250 square feet on a 0.1543-acre lot. The lower residence offers 2 bedrooms and 1 bathroom, while the upper residence includes 3 bedrooms and 2 bathrooms across its main and finished third-floor levels. Both units are occupied and professionally managed.

Renovation work completed in 2024 included kitchen and bathroom updates, interior painting, new carpeting, and replacement hot water tanks. The property also includes a basement, garage parking, vinyl siding, an asphalt roof, forced-air heating, ceiling fans, public water, and public sewer.

Located at 3040 E 126th Street in Cleveland, the property is near Shaker Square, parks, schools, and restaurants.

Key Highlights

  • 2024 renovations included updated kitchens and bathrooms, interior paint, new carpet, and new hot water tanks
  • Upper unit offers 3 bedrooms and 2 bathrooms, including a finished third floor
  • Lower unit provides 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Changing The Future Outcome Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby

Demographics for 44120, OH

34,611
Population
20,583
Households
1.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,656
Density / Sq Mi
$46,326
Median Household Income
$36,549
Median Earnings
$890
Median Rent
$115,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied units feature updated kitchens, bathrooms, paint, carpeting, and hot water tanks.
Where is this duplex located?
The property is located at 3040 E 126th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2024 renovations included updated kitchens and bathrooms, interior paint, new carpet, and new hot water tanks; Upper unit offers 3 bedrooms and 2 bathrooms, including a finished third floor; Lower unit provides 2 bedrooms and 1 bathroom
More about this property
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