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Nathan Stallard
REALTOR®
(330) 421-4827
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2497 124 Street E, Cleveland, OH 44120

$199,000
  • 2497 124 Street E, Cleveland, OH 44120 Main Photo
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Active
BEDS4 BATHS3 full 2 partial MLS#5194896
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCleveland Municipal - 1809

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!

2497 124 Street E | MLS# 5194896

This multi-family property located at 2497 124 Street E, Cleveland, OH 44120 is currently listed for sale with an asking price of $199,000. 124 Street E is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on nstallard.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Apartment, Partially Finished
Cooling: None
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,719 / year
Year Built: 1950

Amenities

Ceiling Fan(s)
Eat-in Kitchen
Laminate Counters

Feature Descriptions

Appliances: Built-In Oven, Cooktop, Range
Days on Site: 13
Exterior: Brick
Laundry: In Basement
Lot: Back Yard
Parcel#: 129-06-050
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: davida@emermanteam.com, 216.978.2785

Shown By

Agent Name: Nathan Stallard
Agent Phone: (330) 421-4827
Agency Title: M.C. Real Estate

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Estimate Your Payment

Estimated Payment

$ 810.85 per month $442.89 Principal & Interest $309.92 Property Tax $58.04 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/03/2026. The listing information on this page last changed on 04/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/03/2026 1:48:35 AM EST) or MLS NOW (last updated Fri 04/03/2026 12:17:39 AM EST). Real estate listings held by brokerage firms other than M.C. Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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