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About This Home
This 4-bedroom, 5-bathroom residential multi family at 2497 124 Street E in Cleveland, OH is listed for $199,000. Built in 1950, on a 0.13 acres lot.
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!
Key Features
- Built in 1950
- 0.13 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,064/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2497 124 Street E
Cleveland, OH 44120
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Appliances
Questions & Answers
This 4-bedroom, 5-bathroom residential multi family at 2497 124 Street E is listed at $199,000. The estimated monthly payment is $862 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.13 acre lot, 2 stories. Interior Features: CeilingFans, EatInKitchen, LaminateCounters.
This property is listed by Marty Emerman and can be reached at 2165337658 or marty@emermanteam.com.































