Financial
Distress signals
Property profile

718 124th St Cleveland, OH 44108

OFF-MARKET
Residential income homes
Property ID
US66-4932142
4,326 SF 0.11 ac lot Built 1920
Last sale Feb 2024 · $130,000
Trust Owned Owner of record is a trust. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a solid brick, four-unit multifamily building in Cleveland, Ohio, situated on a 0.115-acre lot. It is constructed with durable masonry (brick) exterior walls and includes private balconies. The units are configured as spacious, light-filled residences with interior layouts that are designed to provide natural light. The building operates as four separate rental units and has had tenants on month-to-month arrangements, indicating a structure suited to flexible occupancy and potential rent adjustments as leases change over time.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$41k
Assessed land$2k
Assessed improvement$39k
Effective rate9.99%

Value estimate

· Sep 2026
$130k
$117k – $143k
AI approach$130k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$34/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$24 – $43

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MF-2
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.0
Dental Office23.1
Law Firm21.0

Location

718 124th St Cleveland, OH 44108-2398
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1231 124th, Cleveland, OH 44108-4081 $27,000 Mar 2024 4,024 SF
380 Eddy, Cleveland, OH 44108-1782 $115,000 Feb 2024 4,322 SF
10309 Kempton, Cleveland, OH 44108-2958 $55,000 Feb 2024 4,612 SF
11230 Parklawn, Cleveland, OH 44108-2682 $170,000 Feb 2024 4,120 SF
603 123rd, Cleveland, OH 44108-2353 $210,000 Sep 2023 4,578 SF
10623 Massie, Cleveland, OH 44108-3600 $108,000 Jun 2023 4,092 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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