Price Reduced Listing
$549,000
( $149.71Per Sq Foot )
 $3,653 est/mo Sourced by Back At You

1946 E 124th Place,Cleveland, OH 44106

Cleveland, OH 44106

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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.

Details

MLS #5237766
Listing TypeFor Sale
StyleApartment
Sub-TypeResale
StatusActive
Year1900
Days On Site45
Listing Provided ByRussell Real Estate Services | Michael P Terrigno

Features

SQ Feet3,667
BasementY
ZoningMulti-Family
Acreage0.11

Parking

Parking FeaturesParking Pad

Taxes

Tax Annual Amount8630

Area Information

StateOH
CountyCuyahoga
CityCleveland
Zip Code44106
Community NameCleminshaw & Kilbourne Sub
Listing VS Median (in Cleminshaw & Kilbourne Sub)
Price:
$549,000
low | high
Med:
$549,000
50% of Average
sqft:
3,667
low | high
Med:
3,667
50% of Average
$ / sqft:
$150
low | high
Med:
$150
50% of Average
On site:
45
low | high
Med:
45
100% of Average
Sourced by Back At You

Market Activity 44106

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Learn More About This Property

StateOH
CountyCuyahoga
CityCleveland
Zip Code44106
Community NameCleminshaw & Kilbourne Sub
Listing VS Median (in Cleminshaw & Kilbourne Sub)
Price:
$549,000
low | high
Med:
$549,000
50% of Average
sqft:
3,667
low | high
Med:
3,667
50% of Average
$ / sqft:
$150
low | high
Med:
$150
50% of Average
On site:
45
low | high
Med:
45
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 5:41:07 PM PDT