3040 E 126th Street Cleveland, OH $ 165,000
3040 E 126th Street
$ 165,000
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3040 E 126th Street

Cleveland, OH, 44120
$ 165,000
Bedrooms5 Baths3.0 Sq 2,250

Monthly Estimate*

$ 1,042

3040 E 126th Street, Cleveland, OH 44120 - Image 1
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Multi-Family Home for sale in Cleveland, OH

for $165,000 with 5 bedrooms and 3 full baths. This 2,250 square foot home was built in 1920 on a lot size of 0.1543.

Attention investors! Don't miss this turnkey, income-producing two-family property generating $2,322 per month in rental income with both units currently occupied and being professionally managed. In 2024 this home was renovated with updated kitchens and bathrooms, interior paint, new carpet, new furnaces, and new hot water tanks, offering a peace of mind and minimal maintenance for years to come. Downstair unit has 2 beds and 1 bath. Up unit has 2 beds/1 bath and includes a finished 3rd floor with 1 bed and 1 full bath making this unit a 3/2. Whether you're looking to expand your portfolio or purchase your first investment property, this cash-flowing duplex is a fantastic opportunity with reliable rental income already in place. Start earning from day one!! Conveniently located near Shaker Square, parks, schools and restaurants.

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Multi-Family Contingent

Price

$ 165,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,267

Style

Lot Size

0.1543

Year Built

1920

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5228066

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Ceiling Fan(s)
Possession Delivery Of Deed
Roof Asphalt
Appliances Dishwasher Range Refrigerator
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1920
Tenant Pays Cable TV Electricity Gas Internet
Stories Count 3
Township Cleveland
Levels Three Or More
Property Subtype Duplex
Tax Year 2025
Gross Income 2350
County Cuyahoga
Property Type Residential Income
Attached Garage false
Contingency Inspections
Subdivision Name Rice Heights
Garage Y/N true
Total Rooms 10
Full Baths 3
Status Contingent
Directions Off Buckeye
City Cleveland
Disclosures Principal is Real Estate Licensed
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1267
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active Under Contract
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Duplex
Legal Description 437 RICEHTS 0343 ALL
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Interior
Basement Full Unfinished
Basement (Y/N) true
Heating Y/N true
Above Grade Finished Area 2250
Half Baths 0
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bathrooms 0
Below Grade Finished Area Source Realist
Above Grade Finished Area Source Owner
Total Baths 3
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Exterior
Parking Features Detached Garage
Water Source Public
Lot Size Area 0.1543
Number of Buildings 1
Lot Size Acres 0.1543
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
LaTanya C Jackson

Listing Agent

Exp Realty, Llc.

Broker

latanya216realtor@yahoo.com

Email

Affordability Calculator

$1,147
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,042
Monthly Property Taxes
$106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/16/2026$165,000 Listed Price

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3040 E 126th Street, Cleveland, OH, 44120 is a Multi-Family Home for sale at $165,000 with 2,250 sqft and a lot size of 0.1543. 3040 E 126th Street has 5 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 44120 which is in Cleveland, OH