3039 E 126th ST Cleveland, OH 44120
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,776 sqft
Price per Sqft $61
Subdivision Rice Heights
MLS Listing ID 5176466
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,776
Year Built 1918
Annual Tax Amount $1,285
Tax Year 2024
Lot Size 7,000 Sqft
Acres 0.1607
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
This vacant duplex offers strong cash-flow potential in one of Cleveland's most investor-favorable corridors, known for steady rent demand, proximity to major employers, and ongoing neighborhood revitalization. With spacious layouts, covered outdoor spaces, and key mechanical updates already completed, this is an ideal value-add opportunity.
The property features vinyl siding, a younger roof, updated electrical, and vinyl windows in the down unit. Both units offer 2 bedrooms and 1 full bathroom, along with younger furnaces and hot water tanks installed in 2023. The down unit includes a fridge and stove plus a large covered front porch, while the up unit offers a fridge and its own large covered front balcony. Shared laundry with a washer and dryer included is located in the basement, and off-street parking adds additional tenant appeal. There is also potential to create a bonus room in the attic for added usability or income.
With only minor cosmetic updates needed, each unit can be listed for $1,000+ per month, making this a low-priced duplex with excellent upside once stabilized.
Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors. Schedule your showing today!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Appliance Dryer, Range, Refrigerator, Washer
Laundry In Basement
Exterior
Exterior Feature Balcony
Parking Features Off Street
Water Access Desc Public
Roof Type Asphalt,Shingle
Porch Balcony
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 129-25-115
Acceptable Financing Cash
Listing Terms Cash
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