About This Home

This 0-bedroom, 0-bathroom commercial at 1946 E 124th Place in Cleveland, OH is listed for $549,000. Built in 1900, on a 0.11 acres lot.

Key Features

  • Built in 1900
  • 0.11 acre lot
  • 5 parking spaces

Property Details

5 spaces
1900

Amenities

A/C
Listing Description

Located in the desirable Little Italy area, this large 5-unit apartment building offers an excellent investment opportunity on an exceptionally spacious double lot, one of the largest lots in the Little Italy area. The property features five separate apartment units, with each unit equipped with its own furnace and hot water tank, providing individual utilities and added convenience for both ownership and tenants.

The building is occupied by long-term tenants, offering established rental income and a strong opportunity for an investor looking to add a well-positioned multifamily property to their portfolio.

Monthly Cost Estimate

$2,936/mo

20% down · 6.5% · 30 years

Principal$397
Interest$2,379
Insurance$160

Estimates only. Actual payments may vary.

Location

1946 E 124th Place

Cleveland, OH 44106

Cleminshaw & Kilbourne Sub

Property Details

Heating

Forced AirNatural Gas

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1946 E 124th Place is listed at $549,000. The estimated monthly payment is $2,936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.11 acre lot, 5 parking spaces.

This property is listed by Michael P Terrigno.

MT

Michael P Terrigno

License 2011001207

Agent at Russell Real Estate Services

Listed by Russell Real Estate Services · Broker phone: (440) 268-9491 · View on Broker Site · Broker website

MLS# 5237766· Source: MLS Now· 69 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1946 E 124th Place, Cleveland, OH 44106

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