Cleveland Duplex: Investment
3274 E 123rd Street, Cleveland, OH 44120
MULTI_FAMILY - Cleveland, OH
Property size:
2,344 SFLot size:
0.11 AcresPrice / SF:
$55/SF- Added:
- Mar 30, 2026
- Days on Market:
- 50
- Last Refresh:
- May 18 at 4:06 pm
Property Features for 3274 E 123rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1
- Parking features
- Driveway
- Standard status
- Active Under Contract
- APN
- 130-04-098
- Size
- 2,344 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 445 CRAWFWDL 0134 ALL
- Tax Annual Amount
- 883
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1918
- Floors in Building
- 1
- Building materials
- AluminumSiding, VinylSiding
- Roof type
- Slate
Listing agent Keyano Burgess License #2022000189 (216) 387-7220
Listing office Lokal Real Estate, LLC. 7043 Pearl Road Suite 250, Cleveland, OH (216) 252-6580
Listing date Mar 30, 2026
MLS# 5197435
Listing URL
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.
HighLights
- Immediate income: Enjoy $975/month from the leased 3‑bedroom unit upstairs, secured through November 2026.
- High rental income potential: Combined potential of $3,129/month based on CMHA standards.
- Rent‑ready: Vacant and freshly painted downstairs 2‑bedroom unit ready for immediate occupancy.
- Newer furnaces and hot water tanks.
- Well‑maintained duplex in a high‑demand rental corridor.
- Flexible for investors and owner‑occupants.
Overview
Located in Cleveland, this duplex at 3274 E 123rd Street presents an investment opportunity in a high-demand rental area. The property features a 2-bedroom, 1-bathroom unit on the first floor and a 3-bedroom, 1-bathroom unit on the second floor. The upstairs unit is currently leased at $975 per month through November 2026, providing stable income. The downstairs unit is vacant and freshly painted, making it ready for immediate occupancy. The property, with a size of 2344 square feet on a 0.1125-acre lot, has the potential to generate approximately $3,129 per month when fully optimized, based on CMHA payment standards for the 44120 zip code, where 2-bedroom units can generate up to $1,367 per month and 3-bedroom units up to $1,762 per month. Major mechanical updates have been completed, including newer furnaces and hot water tanks.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.597278
- Latitude
- 41.469644
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex with income potential in high-demand rental corridor.
Where is this duplex located?
The property is located at 3274 E 123rd Street Cleveland, OH.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Immediate income: Enjoy $975/month from the leased 3‑bedroom unit upstairs, secured through November 2026.; High rental income potential: Combined potential of $3,129/month based on CMHA standards.; Rent‑ready: Vacant and freshly painted downstairs 2‑bedroom unit ready for immediate occupancy.
