Search
4-Unit Brick Quadplex
New
For Sale
$74,900

1231 E 124th Street, Cleveland, OH 44108

ResidentialIncome, Cleveland, OH

Property Size4,024 SF
Lot Size0.17 Acres
Price / SF$18.61
Days on Market4
Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Property Features for 1231 E 124th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 4, Basement, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 5
Parking features On Street
Subdivision Putman & Mills
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions North off Superior
Special listing conditions In Foreclosure
Standard status Active
APN 110-29-091
Size 4,024 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 380 P&M 0018 ALL
Tax Annual Amount 606
Legal Description 380 P&M 0018 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Building materials Brick
Roof type Tar/Gravel, Asphalt, Fiberglass
Listing Agency: Century 21 Homestar · Century 21 Real Estate
Listed By: Shane Reid · License #429738
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 15 at 1:06PM
MLS# 5252767

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 4,024-square-foot quadplex has a brick exterior and four units, each configured with two bedrooms and one full bathroom. The rehabilitation is incomplete: interior rooms have been framed, and drywall is on site for installation and finishing. Improvements noted include newer electrical panels, mechanical systems, windows, and entry doors.

Built in 1920, the property occupies a 0.1736-acre lot. Public water and sewer serve the site, and parking is on street.

Key Highlights

  • Four units, each with two bedrooms and one full bathroom
  • 4,024 square feet on a 0.1736‑acre lot
  • Framed interior rooms; drywall is on site for installation and finishing

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby

Demographics for 44108, OH

20,005
Population
11,798
Households
1.7
Avg Household Size
41
Median Age
16%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,446
Density / Sq Mi
$32,530
Median Household Income
$29,040
Median Earnings
$910
Median Rent
$62,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The building has four residences with renovation work underway and a two-bedroom, one-bathroom layout in each.
Where is this quadplex located?
The property is located at 1231 E 124th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: Four units, each with two bedrooms and one full bathroom; 4,024 square feet on a 0.1736‑acre lot; Framed interior rooms; drywall is on site for installation and finishing
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again