Cleared Residential Infill
For Sale
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2918 E 120TH ST, Cleveland, OH 44120
Cleared and ready for redevelopment in a Cleveland residential corridor with major commuter access nearby.
Property Size1,764 SF
Price / SF$2.83
Days on Market66
Property Features for 2918 E 120TH ST
General Information
Standard status
Active
Size
1,764 SF
Property subtype
Land
Building Details
Year Built
1918
Stories
2
Units
1
Listing Agency:
Buttross Properties
(512) 320-0888
Listed By:
David Buttross · License #TX 395502
Source:
Crexi
Added: Jun 19
Changed: Aug 8
Last Checked: Jul 16 at 12:36PM
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 Buttross Properties
Investment Insights
Based on property information with market context.
2918 E 120th Street is a cleared residential infill lot that was previously improved with a residential structure and has since been demolished. The property is presented as an as-is sale, and the site condition is described as cleared, which can reduce early site preparation needs for a new build. Buyer due diligence is required for zoning, utility availability, lot dimensions, taxes, and development feasibility.
The lot is located on Cleveland’s east side within an established residential neighborhood. The area is described as offering convenient access to major commuter routes and public transportation, with employment centers and amenities nearby, including Shaker Square, University Circle, hospitals, universities, and Downtown Cleveland.
This offering may fit investors, builders, developers, and buyers looking for a low-cost land acquisition for new construction, land banking, or redevelopment strategies. The seller notes the property may be suited for affordable housing initiatives, and it is available for cash purchase or seller financing subject to a short-term balloon payment agreement with a sizable down payment. Any prospective buyer should verify all development and permitting requirements prior to closing, and exercise caution when entering the property.
The lot is located on Cleveland’s east side within an established residential neighborhood. The area is described as offering convenient access to major commuter routes and public transportation, with employment centers and amenities nearby, including Shaker Square, University Circle, hospitals, universities, and Downtown Cleveland.
This offering may fit investors, builders, developers, and buyers looking for a low-cost land acquisition for new construction, land banking, or redevelopment strategies. The seller notes the property may be suited for affordable housing initiatives, and it is available for cash purchase or seller financing subject to a short-term balloon payment agreement with a sizable down payment. Any prospective buyer should verify all development and permitting requirements prior to closing, and exercise caution when entering the property.
Key Highlights
- Cleared residential infill lot at 2918 E 120th Street in Cleveland’s east side redevelopment corridor
- Demolition completed after prior residential structure improvement, helping reduce upfront site preparation costs
- Available for cash purchase or seller financing with a short‑term balloon payment and sizable down payment
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Cleared and ready for redevelopment in a Cleveland residential corridor with major commuter access nearby.
Where is this residential land & home lot located?
The property is located at 2918 E 120TH ST Cleveland, OH.
What are key features of this property?
This property features: Cleared residential infill lot at 2918 E 120th Street in Cleveland’s east side redevelopment corridor; Demolition completed after prior residential structure improvement, helping reduce upfront site preparation costs; Available for cash purchase or seller financing with a short‑term balloon payment and sizable down payment
