3 months on rocket

Backup Offers

1957 E 123rd St, Cleveland, OH, 44106

$382,000

Home List Price

$4,536*

Closing Credit

5 Bedrooms
3 Full Baths
2,050 SqFt
$186/SqFt
Multi

Location

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1957 E 123rd St, Cleveland$382,000

Buyer Closing Credits

$4,536*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway, Detached, Garage
Garage2 spaces
Year Built1900
HeatingForced Air
CoolingWall/Window Unit(s)
BasementYes
MLS #5061848
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Contingent)

About 1957 E 123rd St

Opportunity knocks! Here is your chance to own a large multi-family in the heart of Little Italy. The property is right off the main stripe and includes off-street parking, a garage, and large backyard. The downstairs two bedroom unit is currently being used as a short term rental while the upstairs features a two-bedroom and one-bedroom unit. The upstairs two-bedroom unit is rented month to month for $750 per month. Current owners had planned to build a 2-4 unit townhome project but stalled at schematic design phase. They are willing to provide all plans to the purchaser of the property.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,050 SqFt

Listing Office:

  • Office Name: HomeSmart Real Estate Momentum LLC
  • Office Phone: (440) 759-7059
  • Listing Agent: Adam W Burr

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From Mayfield Rd, turn onto E 124 Pl and loop around to E 123rd St which is a one way street. Turn left onto E 123rd st and the house will be on the left hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $382,000
  • Price Per SqFt: $186/SqFt

Tax Information:

  • Annual Amount: $3,105
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

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Cleveland, OH

City

Med. Sold Price

$164.2K

Med. Price/SqFt

$99

Avg. Days On Market

36

# of Sold Homes

719

1957 E 123rd St vs Cleveland

100 DAYS ON ROCKET

+64 Days

$382,000

+$217.7K More

$186/SqFt

+$86 More

KEY TAKEAWAY

This property is $217.7K more than the Median Sold Price and $86/SqFt more than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5061848

Listing Office:

  • Office Name: HomeSmart Real Estate Momentum LLC
  • Office Phone: (440) 759-7059
  • Listing Agent: Adam W Burr

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,105$44,380
2019$2,872$44,390
2018$2,863$44,390
2017$1,146$22,540

History based on county public records data.

Payment Calculator

$1,974

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,212

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-814624
6
/10

  • Roxboro Elementary School

  • 2405 Roxboro Rd

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-814625
5
/10

  • Boulevard Elementary School

  • 1749 Lee Rd

  • 1.61 miles

  • Public District Grades KG-5

school-card-donut-814626
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 1.78 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,747. The majority of Cleveland, OH residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44106›1957 E 123rd St

This home is located at 1957 E 123rd St in Cleveland, OH and zip code 44106 in the University neighborhood. This 2,050 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $382,000.

Over 275 listings were sold over their listed price in October 2024 in Cleveland, OH. In the same period over 333 listings were sold below the listed price and 110 listings were sold for the listed price. In October 2024 in Cleveland, OH there were 4.7% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $164,291, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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