About This Home

This 4-bedroom, 2-bathroom multi-family at 3266 E 123rd Street in Cleveland, OH is listed for $120,000 ($58 per sqft). Built in 1920, the home offers 2,072 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1920
  • 0.11 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full
2-car garage
1920

Amenities

Waterfront
Listing Description

Calling all investors and future owner-occupants! Whether you're looking to add an income-producing property to your portfolio or take advantage of an incredible house-hacking opportunity, this well-maintained Cleveland duplex offers flexibility, value, and immediate rental income.

Currently generating $1,700 per month in total rent, paired with attractively low property taxes, this is an opportunity worth a closer look. Each unit offers 2 bedrooms and 1 full bath, spacious living areas, beautiful hardwood flooring, and its own enclosed porch and rear porches, providing additional usable space and privacy.

The lower unit has been refreshed with fresh paint and a recently renovated bathroom, while multiple entrances throughout the property add convenience for both occupants. Major improvements make this property even more appealing, including two BRAND NEW furnaces and hot water tanks for both unit, providing peace of mind for the next owner.

The basement provides shared laundry and additional storage, while the detached 2-car garage offers even more storage. The attic is also unfinished, which provides great opportunity to create an additional space! Outside, a nice backyard provides additional space to enjoy.

Located in Cleveland's Mount Pleasant neighborhood, the property offers convenient access to major roadways, shopping, everyday amenities and nearby green space. With two separate units, existing rental income, low taxes and significant mechanical updates already completed, 3266 E 123rd Street is an ideal opportunity for a first-time investor, seasoned portfolio owner, or buyer looking to live in one unit while the other helps offset their housing expenses. Well maintained and ready for its next owner!

Monthly Cost Estimate

$642/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

3266 E 123rd Street

Cleveland, OH 44120

Crawford-Woodhill

Features & Amenities

Exterior Features

Balcony

Property Details

Construction

AluminumSiding VinylSiding

Parking

DrivewayGarage

Heating

Forced Air

Cooling

Ceiling Fan(s)

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 3266 E 123rd Street is listed at $120,000 ($58/sqft). The estimated monthly payment is $642 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.11 acre lot, 2 stories, Waterfront. Exterior Features: Balcony.

This property is listed by Ashley Pecjak.

AP

Ashley Pecjak

License 2021002605

Agent at Platinum Real Estate Professionals, LLC

Listed by Platinum Real Estate Professionals, LLC · Broker phone: (440) 942-2100 · View on Broker Site · Broker website

MLS# 5250369· Source: MLS Now· 25 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.

3266 E 123rd Street, Cleveland, OH 44120

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