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    732 E 127Th St Cleveland, OH 44108

    Pending
    For Sale
    $135,000

    MULTI_FAMILY - Cleveland, OH

    Property size:
    2,784 SF
    Lot size:
    0.10 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 732 E 127Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 5, Basement, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    5
    Bathrooms
    3
    APN
    110-07-018
    Parking features
    On Street, Driveway
    Size
    2,784 SF
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1918
    Floors in Building
    3
    Building materials
    WoodSiding
    Roof type
    Asphalt, Fiberglass

    KW Living (440) 318-1620 [email protected]

    Listing agent Michael L Magno (216) 236-8849 License #2016003542

    Listing date Nov 26, 2025

    MLS# 5171042 Listing URL

    Copyright © 2025 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.

    Overview

    Multifamily Investment Opportunity in Cleveland

    This property presents an excellent investment opportunity as part of a seven-building multifamily portfolio, which includes five duplexes and two triplexes. The properties can be purchased individually or as a complete package. The portfolio boasts in-place rents exceeding $12,000. Located across Cleveland and one in Cleveland Heights, the properties maintain 100% occupancy and strong in-place rent rolls, with potential for rent increases to market levels. Each property features separate gas and electric utilities and a solid rental history, accommodating a mix of long-term tenants, including both subsidized and cash-paying residents. Several units have newer roofs, younger mechanicals, updated electric panels, and hot water heaters. This portfolio is suited for seasoned investors seeking immediate cash flow and portfolio diversification, as well as local operators aiming to expand their income-producing assets. In-house management and maintenance are available to continue under new ownership. All properties are current on rental registrations and lead-safe compliance. The property has a size of 2784 square feet and a lot size of 0.1 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.595784
    Latitude
    41.537419

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    FAQs

    What type of property is this?
    Multifamily property - Part of a seven-building portfolio with strong rental income.
    Where is this multifamily property located?
    The property is located at 732 E 127Th St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: - Part of a multifamily portfolio; inquire about individual or package purchase options.; - Currently 100% occupied with strong in-place rent rolls.; - Significant potential to increase rents to market levels.
    (216) 236-8849
    Request Owner's contact information
    732 E 127Th St Cleveland, OH 44108
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    Cleveland, OH 44108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    732 E 127Th St Cleveland, OH 44108
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