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Four-Unit Multifamily Property
For Sale
$245,000

3022 E 128th St, Cleveland, OH 44120

Two duplex buildings feature renovated interiors and updated finishes across the property.

Property Size3,401 SF
Price / SF$72.04
Days on Market21

Property Features for 3022 E 128th St

General Information

Standard status Active
Size 3,401 SF
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,029

Building Details

Buildings 2
Listing Agency: Keller Williams Greater Metropolitan
Listed By: Carol Y Joiner · License #445075
Source: Exprealty
Added: Sep 17 Changed: Sep 29 Last Checked: Oct 7 at 12:49PM

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

Investment Insights

Based on property information with market context.

The property comprises two duplex buildings with four residential units on one lot, totaling 3,401 square feet. Renovation work includes updated interiors, contemporary finishes, and improvements throughout both buildings.

Restaurants, shopping, hospitals, major roadways, and everyday amenities are in the surrounding area.

Key Highlights

  • Two duplex buildings on one lot
  • Four residential units
  • 3,401 square feet

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store

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

775
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two duplex buildings feature renovated interiors and updated finishes across the property.
Where is this multifamily property located?
The property is located at 3022 E 128th St Cleveland, OH.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two duplex buildings on one lot; Four residential units; 3,401 square feet
More about this property
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