Back 2628 E 124th St
Off Market

2628 E 124th St

Cleveland OH 44120

4
2
1
1787 sq. ft.
0.09 ac.
Duplex
Last sold for $116,000
Amanda PohlmanAmanda Pohlman, last sold this property on 21 February 2020 after 144 days on market.

Overview

Great investment opportunity in the Larchmere/Shaker Square District. 8% CAP RATE and Fully-occupied with tenants in place & very well maintained. This Turnkey 2 Family Home features restored and preserved architectural features & beautiful woodwork coupled with wonderful updates! Updates that have been done throughout the home include: 2017 - updated electrical, remodeled kitchens & bathrooms, glass block windows, newer windows, siding, gutters, furnaces, hot water tanks, plumbing throughout, refinished hardwood floors, lighting, exterior doors, landscaping & front porch. Roof of the home is about 10 years old. One car garage and parking spot in the front next to the driveway. Close to the lively Larchmere & Shaker Square neighborhoods that offer shopping and restaurants, markets & close to the Shaker Nature Center. Short drive to University Circle cultural hub, CWRU, Cleveland Clinic & University Hospitals. Train ride commute to downtown work or entertainment districts. Opportunity k

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
1787 sq. ft. floor area
0.09 ac. lot size
Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Cleveland over the last 12 months, the estimated median property value of 2628 E 124th St is $110.2k.

Median value
$110.2k
Estimated value range
$45k - $300k
Median days on market
35
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cleveland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2628 E 124th St

2020
Rented
Undisclosed
24 May 2020 by Keller Williams Greater Metrop
2020
Sold
$116,000
21 Feb 2020 by Amanda Pohlman, of Keller Williams Living

Happy sellers in Cleveland

94%
94% of sellers in Cleveland reported that their sale price either exceeded or met their price expectations.

Cleveland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Cleveland over the last 12 months.

Local market activity for 4 bedroom duplexes in Cleveland

In the last 12 months, 84 four-bedroom duplexes similar to 2628 E 124th St, have been sold.

This represents a 10% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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