About This Home

This 5-bedroom, 3-bathroom multi-family at 4109 E 127th Street in Cleveland, OH is listed for $199,999 ($96 per sqft). Built in 1919, the home offers 2,075 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1919
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
3 full
1919
Listing Description

Fantastic turnkey investment opportunity in Cleveland's East Side! This well-maintained, fully occupied triplex is an excellent addition to any investor's portfolio, offering immediate cash flow, stable rental income, and numerous recent improvements.

Featuring 3 units, Units 1 & 2 has 2 beds and 1 bath, meanwhile Unit 3 has 1 bed and 1 bath, each with their spacious living room, functional kitchen with adjoining dining room. The basement offers additional storage or future value add potencial. Plus a detached 2 -car garage.

The current monthly rents are $1,000, $1,100, and $850, a total of $2,950 per month, all on a 12-months-lease. Each unit is separately metered, providing added convenience and efficiency for property management, while the basement features designated laundry areas for each unit, offering additional functionality and convenience for tenants.

The property has undergone extensive interior and exterior renovations, including newer windows, updated electrical systems, newer hot water tanks, fresh paint, and newer mechanicals, helping reduce immediate maintenance concerns. Additionally, a completed 10-year lead abatement adds another valuable improvement to this investment.

Conveniently located on Cleveland's East Side, the property offers easy access to major highways, public transportation, employment centers, shopping, restaurants, schools, parks, and surrounding neighborhoods. Full service property management available with dedicated departments for leasing, marketing, tenant communication.

Plus rehab and construction services for remote investors! Whether you're expanding an existing rental portfolio or looking for a multifamily investment with immediate income, this fully occupied triplex offers an appealing combination of cash flow, convenience, and long-term investment potential. Don't miss this opportunity! No wholesalers. No Seller financing. No low ball offers.

Monthly Cost Estimate

$1,070/mo

20% down · 6.5% · 30 years

Principal$145
Interest$867
Insurance$58

Estimates only. Actual payments may vary.

Location

4109 E 127th Street

Cleveland, OH 44105

Fowler Critchley & Corlett All

Property Details

Construction

AluminumSiding VinylSiding

Parking

GarageDriveway

Heating

Forced Air

Appliances

Dryer

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 4109 E 127th Street is listed at $199,999 ($96/sqft). The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1919, 0.11 acre lot, 2 stories.

This property is listed by Michael Azzam.

MA

Michael Azzam

License 2014004734

Agent at RE/MAX Haven Realty

Listed by RE/MAX Haven Realty · Broker phone: (216) 332-0456 · View on Broker Site · Broker website

MLS# 5251314· Source: MLS Now· 22 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.

4109 E 127th Street, Cleveland, OH 44105

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