Home ›

Commercial Real Estate for Sale at 1243 E 124th Street in Cleveland, OH for $240,000

Listing data last changed 09/30/2025 - 9:21pm
Javascript is required to view this map.
Tools

1243 E 124th Street | Cleveland

$240,000 | 0.0 Sq. Ft.

Fantastic Investment Opportunity! Spacious six-unit apartment building conveniently located near the heart of Cleveland\u2019s University Circle expansion area. This solid brick property has updated vinyl replacement windows and offers generously sized 2-bedroom, 1-bath units with bright living rooms and eat-in kitchens. A full basement provides laundry hookups and additional storage. Currently, four units are occupied (two with Section 8) and with potential to add another $1,700 once the remaining two units are leased. With all major mechanicals in place, this property is well-positioned for steady rental income and future equity growth. Close to schools, public transit, parks, and just minutes from downtown Cleveland\u2014an excellent choice for investors or owner-occupants. MLSNow 5158022 Directions to property: South of Superior To E 124th St

MLS Listing ID: 
MLSNow 5158022
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$240,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
1243 E 124th Street, Cleveland, OH 44108
County: 
Cuyahoga
Latitude: 
41.5244790
Longitude: 
-81.5993240
Directions: 
South of Superior To E 124th St
Public Remarks: 
Fantastic Investment Opportunity! Spacious six-unit apartment building conveniently located near the heart of Cleveland\u2019s University Circle expansion area. This solid brick property has updated vinyl replacement windows and offers generously sized 2-bedroom, 1-bath units with bright living rooms and eat-in kitchens. A full basement provides laundry hookups and additional storage. Currently, four units are occupied (two with Section 8) and with potential to add another $1,700 once the remaining two units are leased. With all major mechanicals in place, this property is well-positioned for steady rental income and future equity growth. Close to schools, public transit, parks, and just minutes from downtown Cleveland\u2014an excellent choice for investors or owner-occupants.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
D P Putnam \u0026 G F Mills
Building Details
Details about the building on a property.
Year Built: 
1920
Living Area: 
0.0
Basement: 
Full,Unfinished
Construction
Roof: 
Rubber
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.17
Lot Size (Area): 
0.17
Lot Features
Parking Type: 
Driveway
Total Parking Spaces: 
10
Public Record
Parcel Number: 
110-29-094
Annual Tax: 
$4,241.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Greater Metropolitan

Request More Information