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6 Beds
4 Baths
4,024 sqft

$74,900

1231 E 124th Street, Cleveland OH, 44108

Price per sqft$18.61
Built in1920
Property size4,024 sqft
Property typeMulti-family

Overview

Active

Listed Oct 13, 2026

Updated 29h ago

INVESTMENT OPPORTUNITY! Bring your vision and finish what has already been started with this all-brick, four-unit investment property in Cleveland! Offering approximately 4,024 square feet, this building features four spacious units, each designed with two bedrooms and one full bathroom, for a total of eight bedrooms and four bathrooms. A substantial rehabilitation project has already been started, providing the next investor with an opportunity to complete the renovations and bring this property back to its full potential. Interior rooms have been framed out, with drywall on-site waiting to be hung and finished. Additional improvements include newer electrical panels, newer mechanical systems, newer windows, and newer entry doors. Much of the groundwork has been started, leaving the next owner to complete the remaining renovations and finishing touches. The solid brick exterior adds to the appeal of this multifamily investment opportunity. Whether you're looking to expand your rental portfolio or complete a value-add investment project, this property offers the opportunity to transform an unfinished renovation into a four-unit income-producing asset. Bring your contractor, explore the possibilities, and see the potential for yourself! Schedule your showing today!

$498/mo

Est. mortgage payment based on a $74,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5252767

Interior Features

Bedrooms
6
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$606
Tax Frequency
Annually

Courtesy of Century 21 Homestar

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kemi Alege shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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