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Image 1 - 1261 E 123rd St, Cleveland, Ohio, 44108 - House for sale
Image 2 - 1261 E 123rd St, Cleveland, Ohio, 44108 - House for sale
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Image 5 - 1261 E 123rd St, Cleveland, Ohio, 44108 - House for sale
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Image 9 - 1261 E 123rd St, Cleveland, Ohio, 44108 - House for sale
Home For Sale In Cleveland, Ohio
1261 E 123rd St, Cleveland, Ohio, 44108

Home For Sale In Cleveland, Ohio

house for sale
Listed: 06/03/24

1261 E 123rd St, Cleveland, Ohio, 44108

4 Bed:
2 Bath:
1,379 Sq Ft Living Area:
Save
Price
$ 40,000

About This House

Investment Opportunity in Cleveland! Discover the potential of this 4-bedroom, 1-bathroom property. This tenant-occupied home offers a unique investment opportunity for savvy investors looking to capitalize on the rising demand for rental properties. Key Features: Prime Location: Situated in a neighborhood with easy access to local amenities, public transportation, and major highways. Tenant-Occupied: Currently generating rental income, with tenants paying below market value, presenting a chance to increase cash flow with rental adjustments post-renovation. Value-Add Potential: This property requires significant repairs, offering the perfect canvas for an investor to add value through strategic renovations and improvements. Spacious Layout: Features four generously sized bedrooms, providing ample space for future tenants or a potential resale market. With the right vision and investment, …  Full description

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Forest Hills Housing & Living

Household Income

Median household income: $29,953
Number of households: 173,025
The average household income in Cleveland, OH grew from $28,974 to $29,953 in the past year. This data is an estimate based upon 173,025 households in Cleveland, OH.
The chart below presents how household income is distributed in Cleveland, OH in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cleveland, OH compared to median property taxes around the country. The prevalent amount of property taxes in Cleveland, OH equals $800-$1,500 , which is less than the national average.