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1946 E 124th Place Cleveland, OH $ 600,000
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$ 600,000 Get more info
1946 E 124th Place
$ 600,000
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1946 E 124th Place

Cleveland, OH, 44106
$ 600,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,788

1946 E 124th Place, Cleveland, OH 44106 - Image 1
1946 E 124th Place, Cleveland, OH 44106 - Image 2
1946 E 124th Place, Cleveland, OH 44106 - Image 3
1946 E 124th Place, Cleveland, OH 44106 - Image 4
1946 E 124th Place, Cleveland, OH 44106 - Image 5
1946 E 124th Place, Cleveland, OH 44106 - Image 6
1946 E 124th Place, Cleveland, OH 44106 - Image 7
1946 E 124th Place, Cleveland, OH 44106 - Image 8
1946 E 124th Place, Cleveland, OH 44106 - Image 9
1946 E 124th Place, Cleveland, OH 44106 - Image 10
1946 E 124th Place, Cleveland, OH 44106 - Image 11
1946 E 124th Place, Cleveland, OH 44106 - Image 12
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Commercial Property for sale in Cleveland, OH

for $600,000. This building was built in 1900 on a lot size of 0.11.

Located in the desirable Little Italy area, this large 5-unit apartment building offers an excellent investment opportunity on an exceptionally spacious double lot, one of the largest lots in the Little Italy area. The property features five separate apartment units, with each unit equipped with its own furnace and hot water tank, providing individual utilities and added convenience for both ownership and tenants. The building is occupied by long-term tenants, offering established rental income and a strong opportunity for an investor looking to add a well-positioned multifamily property to their portfolio.

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Commercial Active

Price

$ 600,000

Property Type

Commercial

Taxes

$ 8,630

Style

Lot Size

0.11

Year Built

1900

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5237766
Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Wall/Window Unit(s)
Possession Negotiable
Roof Asphalt Fiberglass
Year Built 1900
Township Cleveland
Property Subtype Apartment
Tax Year 2025
Current Use Multi-Family
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Subdivision Name Cleminshaw & Kilbourne Sub
Status Active
Directions Mayfield Road to East 124th Street in Little Italy
City Cleveland
High School District Cleveland Municipal - 1809
Zoning Description Multi-Family
Lot Size Units Acres
Tax Annual Amount 8630
Building Area Units Square Feet
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 Apartment
Legal Description 397 C&K S/L 57 NP 0056 ALL
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Interior
Basement Full
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Parking Pad
Water Source Public
Total Parking 5
Lot Size Area 0.11
Foundation Details Basement
Building Area Total 3667
Lot Size Acres 0.11
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Michael P Terrigno

Listing Agent

Russell Real Estate Services

Broker

michael_terrigno@yahoo.com

Email

Affordability Calculator

$4,508
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$719
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/19/2026$600,000 Listed Price

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1946 E 124th Place, Cleveland, OH, 44106 is a Commercial Property for sale at $600,000 with a lot size of 0.11. 1946 E 124th Place was built in 1900. The property's zip code is 44106 which is in Cleveland, OH

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