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718 E 124th St

Cleveland OH 44108

8
4
0.12 ac.
Duplex
Currently for sale - view listing

Overview

Solid brick 4-unit investment property with immediate cash flow and value-add potential. Two of the four units are currently rented at $1,020 per month. Each unit is currently on a month-to-month lease - providing in-place income with flexibility to adjust. NEWER MECHANICALS (hot water tank, furnaces, all new PEX plumbing, roof updated in 2025, new electrical boxes) This well maintained building features durable masonry construction, private balconies and strong curb appeal. Spacious layouts and natural light enhance tenant appeal, while the month to month tenancy allows a new owner to implement their investment strategy quickly. Ideal for investors seeking stabilized income with upside, portfolio expansion, or a value-add multifamily opportunity in Cleveland.

Features

8 bedrooms
4 bathrooms
0.12 ac. lot size
Duplex

Property history for 718 E 124th St

2024
Sold
Undisclosed
02 Feb 2024 by Mike Ferrante, of Century 21 HomeStar
2022
Sold
$165,000
02 Mar 2022 by Michael Ferrante, of Century 21 HomeStar
2017
Sold
$11,920
18 Jan 2017 by Mike Wallace, of REMAX Concepts | Des Moines

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 3 reviews in Cleveland over the last 12 months.

Local market activity for 8 bedroom duplexes in Cleveland

In the last 12 months, 8 eight-bedroom duplexes similar to 718 E 124th St, have been sold.

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