Back 3274 E 123rd St
Off Market

3274 E 123rd St

Cleveland OH 44120

5
2
2344 sq. ft.
0.11 ac.
Duplex
Last sold for $131,500
Keyano BurgessKeyano Burgess, last sold this property on 02 September 2026 after 473 days on market.

Overview

Welcome to 3274 E 123rd Street in Cleveland—a strong investment opportunity in a high-demand rental corridor with immediate income and upside potential. This well-maintained duplex features a spacious 2-bedroom, 1-bathroom unit on the first floor and a 3-bedroom, 1-bathroom unit on the second floor, offering flexibility for both investors and owner-occupants alike. The upstairs unit is currently leased at $975 per month through November 2026, providing stable, long-term income from day one. The downstairs unit is vacant and freshly painted, making it rent-ready and primed for immediate occupancy or placement of a new tenant at market rents. This property has the potential to be a true cash-flowing asset. Based on CMHA payment standards for the 44120 zip code, 2-bedroom units can generate up to $1,367 per month and 3-bedroom units up to $1,762 per month—bringing the total potential monthly rent to approximately $3,129 when fully optimized. For added peace of mind, major mechanical updates have already been completed, including newer furnaces and hot water tanks, reducing near-term capital expenditure concerns for the next owner. Whether you’re looking to expand your portfolio or secure a performing asset with strong rental upside, this property checks all the boxes. Reach out to your favorite Realtor today—this opportunity will not last long!

Features

5 bedrooms
2 bathrooms
2344 sq. ft. floor area
0.11 ac. lot size
Duplex

Estimated Value

Based on this property and similar 5 bedroom duplexes sold in Cleveland over the last 12 months, the estimated median property value of 3274 E 123rd St is $157.45k.

Median value
$157.45k
Estimated value range
$45k - $265k
Median days on market
54
Estimated value trend
66%
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 3274 E 123rd St

2026
Sold
$131,500
02 Sep 2026 by Keyano Burgess, of Lokal Real Estate, LLC.
2018
Sold
$55,900
09 Nov 2018

Happy sellers in Cleveland

90%
90% 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 4 reviews in Cleveland over the last 12 months.

Local market activity for 5 bedroom duplexes in Cleveland

In the last 12 months, 29 five-bedroom duplexes similar to 3274 E 123rd St, have been sold.

This represents a 57% decrease in five-bedroom duplexes sales when compared to the previous 12 months.

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