1957 E 123rd ST, Cleveland, OH 44106
1957 E 123rd ST, Cleveland, OH 44106
1957 E 123rd ST, Cleveland, OH 44106
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$489,000
Est. payment /mo
4 Beds
4 Baths
2,050 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,050 sqft

Price per Sqft $238

Subdivision Anderson & Barnard

MLS Listing ID 5222752

Bedrooms 4

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 2,050

Total Fin. Sqft 2050

Year Built 1900

Annual Tax Amount $7,519

Tax Year 2023

Lot Size 5,998 Sqft

Acres 0.1377

Property Sub-Type Triplex

Property Description

Investment opportunity in the heart of Little Italy. Well-maintained 3-unit property offers the combination investors want: a prime location, flexible unit mix, and enduring rental demand in one of Cleveland's most sought-after neighborhoods. Ideally positioned near Mayfield Rd restaurants, cafés, galleries, and attractions that make Little Italy a destination for locals and visitors alike.
3 distinct units, providing multiple income streams and flexibility for a variety of investment strategies. Whether you're looking to maximize cash flow, house hack by occupying one unit while renting the others, or capitalize on the area's strong demand from professionals, graduate students, and medical personnel, this property is well positioned for long-term performance.
Steps from University Circle, tenants enjoy quick access to Cleveland Clinic, University Hospitals, Case Western Reserve University, the VA Medical Center, Cleveland Institute of Art, Cleveland Institute of Music, Museum of Natural History, Cleveland Museum of Art, and Severance Music Center. Convenient access to the HealthLine, RTA Red Line, Downtown Cleveland, and major highways further strengthens the property's rental appeal.
TONS of UPDATES in 2025- 2 hot water tanks with boosters, 2 new furnaces, all new electric panels, lots of plumbing updates. Many new appliances throughout. New garage roof in June 2026. This is a PRIME LITTLE ITALY PROPERTY w/ 2 CAR DETACHED GARAGE AND EXTRA OFF STREET PARKING (6 CARS OR MORE) FOR ADDED RENT VALUE $$$ and LARGE YARD FOR POSSIBLE FUTURE EXPANSION. This investment property will bring you income now and into the future. Properties of this caliber in Little Italy are rarely available and consistently benefit from one of Northeast Ohio's strongest rental markets. Whether you're expanding your portfolio or acquiring a high-demand asset in a premier location, this is an exceptional opportunity to invest in one of Cleveland's most resilient and desirable neighborhoods.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Driveway, Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage true

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 120-32-014

Special Listing Condition Standard


Read Less Info
VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Geoffrey Hoffman • Howard Hanna • geoffreyhoffman@howardhanna.com, 216-496-4212

Nearby Locations

GET MORE INFORMATION

Genie Prettyman

Genie Prettyman

+1(216) 264-7099

Broker | License ID: 2020006172

Broker License ID: 2020006172

Name

Name

Phone*

Phone

Message