1926 E 123rd StreetCleveland, OH 44106

1926 E 123rd StreetCleveland, OH 44106

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$234,900 Active
Multi Unit - Multiple MLS 5200105
3 beds 2 full baths 1,431 sqft

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This duplex presents a strong investment opportunity with immediate income potential! Fully vacant and ready for your next tenant placement or house-hack strategy, this property offers flexibility for both seasoned investors and first-time buyers. Both units features 2 bedrooms and 1 full bathroom layout, a spacious living room and a functional, well-sized kitchen and room for dining, making them attractive and practical living spaces for tenants. The property also includes a full basement, providing additional storage space and value-add potential, ideal for future improvements. With separate living areas and solid layouts in both units, this duplex is well-positioned to generate consistent rental income. Experience old-world charm in the heart of Little Italy with this perfectly situated home, just steps from the cobblestone magic of Mayfield Road. Enjoy effortless walkability to iconic bakeries like Presti's, award-winning trattorias, and the vibrant galleries of the local arts scene. With University Circle's world-class museums and the RTA Red Line only minutes away, this property offers a rare blend of historic neighborhood soul and modern urban convenience. Surrounded by shops, restaurants, parks, schools, and everyday amenities, the location enhances tenant appeal and supports strong rental demand. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're looking to expand your portfolio or secure your first income-producing property, this duplex checks all the boxes! No wholesalers. No Seller financing. No low ball offers.

1926 E 123rd Street, Unit Rear | MLS# 5200105

This multi-family property located at 1926 E 123rd Street, Unit Rear, Cleveland, OH 44106 is currently listed for sale with an asking price of $234,900. E 123rd Street, Unit Rear is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 33
Heating: Forced Air
Lot Size: 0.03 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $4,097 / year
Year Built: 1900

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 120-30-030
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 1926 E 123rd Street, Unit Rear, Cleveland, OH 44106
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,616.31 per month $1,206.38 Principal & Interest $341.42 Property Tax $68.51 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage