718 E 124th Street, Cleveland, OH 44108
Local realty services provided by:CENTURY 21 Lakeside Realty
Listed by: kimberly reed
Office: keller williams elevate
MLS#:5179398
Source:OH_NORMLS
Price summary
- Price:$320,000
About this home
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.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:5179398
- Added:271 day(s) ago
- Updated:March 19, 2026 at 07:19 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Basement:Yes
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Lot area:0.11 Acres
- Construction Materials:Brick
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$320,000
- Tax amount:$4,202 (2024)
Parking
- Parking description:Driveway
New listings near 718 E 124th Street
- New
$67,500Active2 beds 1 baths5838 Portage Avenue, Cleveland, OH 44127
MLS# 5250328Listed by: EXP REALTY, LLC. - New
$155,900Active7 beds 2 baths3,148 sq. ft.2161 W 101st Street, Cleveland, OH 44102
MLS# 5250353Listed by: JACK KOHL REALTY - New
$885,000Active11 beds 7 baths5,770 sq. ft.3515 Archwood Avenue, Cleveland, OH 44109
MLS# 5248453Listed by: BERKSHIRE HATHAWAY HOMESERVICES LUCIEN REALTY - New
$275,000Active4 beds 2 baths1,400 sq. ft.396 Skyview Road, Cleveland, OH 44109
MLS# 5250315Listed by: RE/MAX ABOVE & BEYOND - New
$199,900Active4 beds 2 baths1,940 sq. ft.3735 W 47th Place, Cleveland, OH 44102
MLS# 5234204Listed by: EXP REALTY, LLC. - New
$310,000Active4 beds 2 baths2,406 sq. ft.4912 Franklin Boulevard, Cleveland, OH 44102
MLS# 5250312Listed by: RE/MAX ABOVE & BEYOND - New
$60,000Active8 beds 3 baths3,408 sq. ft.11424 Tuscora Avenue, Cleveland, OH 44108
MLS# 5250295Listed by: KELLER WILLIAMS GREATER METROPOLITAN - New
$139,900Active4 beds 3 baths1,433 sq. ft.1705 E 84 Street, Cleveland, OH 44103
MLS# 5248473Listed by: KELLER WILLIAMS ELEVATE - New
$115,000Active3 beds 2 baths1,170 sq. ft.3362 E 146th Street, Cleveland, OH 44120
MLS# 5250237Listed by: PLATINUM REAL ESTATE - New
$239,000Active3 beds 2 baths1,915 sq. ft.3619 W 132nd Street, Cleveland, OH 44111
MLS# 5250267Listed by: COLDWELL BANKER SCHMIDT REALTY