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For Sale
$575,000

1978 E 126th St, Cleveland, OH 44106

Apartment buildings

Property Size4,921 SF
Price / SF$116.85
Days on Market96

Property Features for 1978 E 126th St

General Information

Standard status Active
Size 4,921 SF

Additional Details

Business Included Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $9,334

Building Details

Stories 3
Tenancy Multi
Listing Agency: Century 21 Homestar
Listed By: Angie Molitoris · License #390617
Source: Exprealty
Added: May 28 Changed: Aug 25 Last Checked: Aug 30 at 10:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Homestar

Investment Insights

Based on property information with market context.

Key Highlights

  • Rare 6‑plex cash‑flow investment in a 3‑level home on a dead‑end/private street
  • Updated 4,921 SF building (year built 1900) with remodeled apartments
  • Unit mix: four 2‑bedroom / 1‑bath units and two 1‑bedroom / 1‑bath units; 10 bedrooms and 6.5 baths total

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Hair Salon Auto Parts Store HVAC Service Furniture & Home Goods Accounting Firm Nail Salon

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

6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,780
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

Where is this apartment building located?
The property is located at 1978 E 126th St 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: Rare 6‑plex cash‑flow investment in a 3‑level home on a dead‑end/private street; Updated 4,921 SF building (year built 1900) with remodeled apartments; Unit mix: four 2‑bedroom / 1‑bath units and two 1‑bedroom / 1‑bath units; 10 bedrooms and 6.5 baths total
More about this property
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