Under Contract

3274 E 123rd Street

Cleveland, OH 44120
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Bed 5

Bed

Bath 2

Bath

SqFt2,344

Sqft

Acres0.11

Acre(Lot)

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 gene rate 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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $129,900

AD Id : 76639249

MLS Id : 5197435

Beds : 5

Lot Size : 0.11 Acre

Living Area Size : 2,344

Year Built : 1918

County : Cuyahoga

Subdivision: Ventnor Heights

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Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 12 Has Basement: Yes Basement: Full
  • Roofing Information

    Slate
  • Interior Features

    Roof: Slate
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Other

  • Building Information

    Year Built: 1918 Construction Materials: Aluminum Siding, Vinyl Siding Stories: 1 Private Pool: No

  • Lot Information

    Main Square Feet: 0.1125 Acres Lot Size Acres: 0.1125 Lot Size Source: Assessor

    Property Information

    Subdivision: Crawford Woodhill Sub Source Property Type: Residential Income Property SubType: Duplex Levels: One Property Age: 108

  • Listing Price Information

    Listing Price: $129900

  • Tax Information

    Parcel Number: 130-04-098 Tax Year: 2025 Annual Tax: $883 Tax Legal Desc: 445 CRAWFWDL 0134 ALL

  • Parking Information

    Driveway

  • Location Information

    Direction: From Downtown Cleveland, take Interstate 90 east and exit onto Martin Luther King Jr. Drive south. Continue south to Buckeye Road and head east. Turn right onto E 123rd Street—property will be on your right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3659 Chelton Road, Shaker Heights, OH, 44120 $120,000 4 2 --
3645 E 153rd Street, Cleveland, OH, 44120 $155,000 4 2 2,264 2,264 SqFt
3661 E 146th Street, Cleveland, OH, 44120 $115,900 4 2 3,012 3,012 SqFt
14702 Milverton Road, Cleveland, OH, 44120 $254,500 5 2 2,144 2,144 SqFt
3358 E 145th Street, Cleveland, OH, 44120 $130,000 4 2 2,412 2,412 SqFt
3682 E 143rd Street, Cleveland, OH, 44120 $189,999 5 3 2,070 2,070 SqFt
3461 E 143rd Street, Cleveland, OH, 44120 $159,999 6 2 2,360 2,360 SqFt
3455 E 142nd Street, Cleveland, OH, 44120 $120,000 7 3 2,934 2,934 SqFt
3264 E 142nd Street, Cleveland, OH, 44120 $124,900 4 2 --
3459 E 140 Street, Cleveland, OH, 44120 $160,000 8 10 4,146 4,146 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/12/2026 @ 09:50

MLS: 5197435 LISTED BY: Keyano Burgess, Lokal Real Estate, LLC. 216-252-6580 SOURCE: MLS Now

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