2497 E124 Street Cleveland, OH $ 199,000
2497 E124 Street
$ 199,000
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2497 E124 Street

Cleveland, OH, 44120
$ 199,000
Bedrooms4 Baths3.2

Monthly Estimate*

$ 1,225

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Multi-Family Home for sale in Cleveland, OH

for $199,000 with 4 bedrooms and 3 full baths, 2 half baths. This home was built in 1950 on a lot size of 0.1343.

Don’t miss this incredible investment opportunity in Cleveland! This fully occupied duplex is the perfect addition to your portfolio, offering immediate rental income and the possibility of becoming a triplex. Basement level unit was being rented for $700/month and is fully functional ready for its next tenant. This one-bedroom unit is finished with LVP flooring, living room space, all new paint and a walk-in tile shower. First and second floor units feature 2 spacious bedrooms and 1.5 bathrooms, providing comfortable living for tenants. The first-floor unit is finished with cozy carpeting, creating a warm and inviting atmosphere, while the second-floor unit showcases beautiful hardwood floors for a classic, timeless feel. Both units also feature an additional four-seasons rooms for extra living space. Major mechanical updates have already been taken care of, including a newer roof, two newer furnaces, and three newer hot water tanks, giving you peace of mind and reducing near-term maintenance costs. Laundry access is found in the basement. Outside, you’ll find a detached two-car garage along with a driveway that offers additional off-street parking, an attractive feature for tenants. This location provides proximity to Cleveland Clinic, Shaker Square and Cleveland's beautiful parks. Whether you’re a seasoned investor or just getting started, this property checks all the boxes: income-producing, well-maintained, and full of potential. Opportunities like this don’t last, schedule your showing today!

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Multi-Family Active

Price

$ 199,000

Bedrooms

4

Full Bath

3

Half Bath

2

Property Type

Multi-Family

Taxes

$ 3,719

Style

Lot Size

0.1343

Year Built

1950

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5194896

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Negotiable
Roof Asphalt Fiberglass
Appliances Built-In Oven Cooktop Range
Garage Spaces 2
Construction Materials Brick
Year Built 1950
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Duplex
Tax Year 2025
Gross Income 19200
County Cuyahoga
Property Type Residential Income
Attached Garage false
Garage Y/N true
Full Baths 3
Status Active
Directions Fairhill to E 124th St.
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 3719
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Duplex
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Interior
Interior Amenities Ceiling Fan(s) Eat-in Kitchen Laminate Counters
Basement Apartment Partially Finished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Half Baths 2
Laundry Features In Basement
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 5
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Exterior
Parking Features Detached Garage
Lot Features Back Yard
Water Source Public
Lot Size Area 0.1343
Number of Buildings 1
Lot Size Acres 0.1343
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Marty Emerman

Listing Agent

Keller Williams Greater Metropolitan

Broker

marty@emermanteam.com

Email

Affordability Calculator

$1,535
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,225
Monthly Property Taxes
$310
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
3/20/2026$199,000 Listed Price

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2497 E124 Street, Cleveland, OH, 44120 is a Multi-Family Home for sale at $199,000 with a lot size of 0.1343. 2497 E124 Street has 4 bedrooms, 3.2 baths, and was built in 1950. The property's zip code is 44120 which is in Cleveland, OH