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Renovated 2-Unit Duplex
For Sale
$145,000

2926 E 123rd St, Cleveland, OH 44120

Both residences offer two bedrooms and one bathroom, with tenants currently in place.

Property Size1,408 SF
Price / SF$102.98
Days on Market30

Property Features for 2926 E 123rd St

General Information

Standard status Active
Size 1,408 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,014
Listing Agency: Keller Williams Greater Metropolitan
Listed By: Alexys Jones · License #2021001979
Source: Exprealty
Added: Sep 17 Changed: Oct 13 Last Checked: Oct 15 at 1:15AM

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 Keller Williams Greater Metropolitan

Rey
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Investment Insights

Based on property information with market context.

This 1,408-square-foot duplex in Cleveland contains two units, each with two bedrooms and one bathroom. The property has undergone a full renovation, and interior painting was completed before the current tenants moved in.

The roof is less than two years old. The property is located at 2926 E 123rd St.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • 1,408 square feet in Cleveland
  • Full renovation; painted before current tenants moved in

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Dental Office Big Box & Wholesale Store Law Firm

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Both residences offer two bedrooms and one bathroom, with tenants currently in place.
Where is this duplex located?
The property is located at 2926 E 123rd St Cleveland, OH.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,408 square feet in Cleveland; Full renovation; painted before current tenants moved in
More about this property
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