Updated 6-Unit Apartment
For Sale
$575,000
1978 E 126th, Cleveland, OH 44106
CommercialSale, Cleveland, OH
Property Size4,921 SF
Lot Size0.06 Acres
Price / SF$116.85
Days on Market90
Property Features for 1978 E 126th
General Information
Property type
Commercial Sale
Property subtype
Apartment
Rooms
Basement, Laundry Room
Parking features
On Street
Subdivision
Cleminshaw
Elementary school district
Cleveland Municipal - 1809
Middle school district
Cleveland Municipal - 1809
High school district
Cleveland Municipal - 1809
Directions
Mayfield Road to East 126th Street in Little Italy
Standard status
Active
APN
120-32-048
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
397 C&K 0033 ALL
Tax Annual Amount
9334
Legal Description
397 C&K 0033 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Amenities
coin-operated laundry
Building Details
Year built
1900
Floors in Building
3
Number of units
6
Roof type
Fiberglass, Asphalt
Listing Agency:
Century 21 Homestar · Century 21 Real Estate
(440) 449-9100
Listed By:
Angie Molitoris · License #390617
(216) 299-9503
Added: May 28
Changed: Aug 20
Last Checked: Aug 25 at 5:06AM
MLS# 5214034
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 three-level apartment building contains six apartments with a combined 10 bedrooms and 6.5 bathrooms. The unit mix includes four two-bedroom, one-bath apartments and two one-bedroom, one-bath apartments. Improvements include updated electrical wiring, PVC drain lines, copper plumbing, doors, windows, and insulation. The property also has two furnaces, four hot water tanks, and a lower-level laundry room with coin-operated washers and dryers, plus a half bath.
One main-level apartment is furnished and operated as an Air B&B. The building sits on a dead-end private street with on-street parking and public water and sewer service. Its Cleveland setting provides walkable access to restaurants, specialty shops, an art district, Case Western Reserve University, Cleveland Clinic, and University Hospital.
One main-level apartment is furnished and operated as an Air B&B. The building sits on a dead-end private street with on-street parking and public water and sewer service. Its Cleveland setting provides walkable access to restaurants, specialty shops, an art district, Case Western Reserve University, Cleveland Clinic, and University Hospital.
Key Highlights
- 6‑unit apartment building with 10 bedrooms and 6.5 bathrooms
- Unit mix: four 2‑bedroom/1‑bath apartments and two 1‑bedroom/1‑bath apartments
- 4,921‑square‑foot building on 0.0603 acres
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,780
Businesses Nearby
Explore this area
Business Placement
Demographics for 44106, OH
26,608
Population
13,287
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
6,188
Density / Sq Mi
$42,869
Median Household Income
$27,056
Median Earnings
$1,024
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-level multifamily property with renovated apartments, public utilities, on-street parking, and a furnished short-term rental unit.
Where is this apartment building located?
The property is located at 1978 E 126th Cleveland, OH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 6‑unit apartment building with 10 bedrooms and 6.5 bathrooms; Unit mix: four 2‑bedroom/1‑bath apartments and two 1‑bedroom/1‑bath apartments; 4,921‑square‑foot building on 0.0603 acres
