3388 E 128 Street, Cleveland, OH 44123
- $55,000
- 3
- BD
- 1
- BA
- 1,100
- SqFt
- Sold Price
- $55,000
- List Price
- $65,000
- Status
- CLOSED
- Days on Market
- 33
- Closing Date
- Apr 20, 2026
- MLS#
- 5194445
- Subtype
- Residential
- Style
- Colonial
- Year Built
- 1920
- Bedrooms
- 3
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,100
- Acres
- 0.09
- MLS Area Major
- Cleveland
Property Description
Unlock the potential in this 3-bedroom, 1-bath investment opportunity! This property is perfect for an investor ready to step in and bring this home back to life while building immediate equity. Located in an area with strong rental demand, rental rates are supported according to CMHA and fair market rent, making it an excellent Section 8 or long-term rental opportunity. With estimated rental income of $1,720 per month, this property offers solid cash flow potential and a great addition to any buy-and-hold portfolio. Key improvements include a new furnace and hot water tank installed in 2025 and a roof replaced in 2012, giving investors a head start on major mechanicals while focusing on cosmetic updates to maximize value. Whether you're a seasoned investor or looking to secure your next income-producing property, this is your chance to capitalize on strong rental numbers and long-term appreciation. Bring your vision, run your numbers, and turn this opportunity into a performing asset!
Additional Information
- Taxes
- $1,130
- Property Description
- Colonial
- Heating
- Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt
- Parking Features
- Driveway
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Alexys Jones, alexysjones@kw.com With Keller Williams Greater Metropolitan
Selling Office: Keller Williams Greater Metropolitan.Mortgage Calculator
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