718 E 124th Street Cleveland, OH $ 320,000
718 E 124th Street
$ 320,000
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718 E 124th Street

Cleveland, OH, 44108
$ 320,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 1,970

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Multi-Family Home for sale in Cleveland, OH

for $320,000 with 8 bedrooms and 4 full baths. This home was built in 1920 on a lot size of 0.115.

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.

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Multi-Family Active

Price

$ 320,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,202

Style

Lot Size

0.115

Year Built

1920

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5179398

Features
General
Sewer Public Sewer
Heating Gas
Cooling None
Possession Delivery Of Deed
Roof Asphalt
Construction Materials Brick
Year Built 1920
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Quadruplex
Tax Year 2024
County Cuyahoga
Property Type Residential Income
Attached Garage false
Garage Y/N false
Full Baths 4
Status Active
Directions off of Eddy Rd.
City Cleveland
Disclosures Owner Is Listing Agent
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 4202.18
Home Warranty Y/N false
Property Condition Updated/Remodeled
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Owner
Property Sub Type Additional Quadruplex
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Interior
Basement Concrete
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
Total Bedrooms 8
Main Level Bathrooms 0
Total Baths 4
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Exterior
Parking Features Driveway
Water Source Public
Lot Size Area 0.115
Number of Buildings 1
Lot Size Acres 0.115
Lot Size Source Owner
Waterfront Y/N false
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* Excluded Features
List By
Kimberly Reed

Listing Agent

Keller Williams Elevate

Broker

kimsoldit4U@gmail.com

Email

Affordability Calculator

$2,320
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,970
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/4/2026$320,000 Listed Price

Map


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718 E 124th Street, Cleveland, OH, 44108 is a Multi-Family Home for sale at $320,000 with a lot size of 0.115. 718 E 124th Street has 8 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 44108 which is in Cleveland, OH