718 E 124th Street, Cleveland, OH 44108 (MLS # 5179398)

Price $320,000
Status Active
Beds 8
Baths 4 Baths
Home size n/a
Lot Size 5,010 sqft
Days on Market 4
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.
Property Type(s): Multi Family
Last Updated 1/4/2026 Year Built 1920
County Cuyahoga

Additional Details

AIR None
BASEMENT Concrete, Yes
CONSTRUCTION Brick
HEAT Natural Gas
LOT 5009 sq ft
PARKING Driveway
SEWER Public Sewer
STORIES 2
TAXES 4202.18
WATER Public

Location

 

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Listing provided by: Kimberly Reed | 330-800-4400, Keller Williams Elevate, kimsoldit4U@gmail.com, 330-800-4400

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).

Listing information is deemed reliable, but not guaranteed.

Data Last Updated: 1/7/26 7:00 PM PST


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