2497 124 Street E, Cleveland, OH 44120

$180,000
4
BD
5
BA

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Sold Price
$180,000
List Price
$199,000
Status
CLOSED
Days on Market
54
Closing Date
May 13, 2026
MLS#
5194896
Subtype
Residential Income
Year Built
1950
Bedrooms
4
Bathrooms
5
Full Baths
3
Half Baths
2
Acres
0.13
MLS Area Major
Cleveland

Property Description

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!

Additional Information

Interior Features
Ceiling Fan(s), Eat-in Kitchen, Laminate Counters
Taxes
$3,719
Appliances
Built-In Oven, Cooktop, Range
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Detached, Garage
Garage Spaces
2
School District
Cleveland Municipal - 1809

Listing Courtesy of: Marty Emerman, marty@emermanteam.com With Keller Williams Greater Metropolitan

Selling Office: Keller Williams Greater Metropolitan.

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