26 days on rocket

Backup Offers

3040 E 128th St, Cleveland, OH, 44120

$100,000

Home List Price

$1,188*

Closing Credit

4 Bedrooms
2 Full Baths
2,325 SqFt
$43/SqFt
Multi

Location

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3040 E 128th St, Cleveland$100,000

Buyer Closing Credits

$1,188*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAsphalt, Driveway, Detached, Garage, Garage Door Opener
Garage2 spaces
Year Built1924
HeatingForced Air
CoolingCeiling Fan(s)
BasementYes
MLS #5080744
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Contingent)

About 3040 E 128th St

Here is a GREAT Opportunity! Owned and Occupied by the same family for 44 years this 2 unit Multi-Family home has been well maintained and cared for. This home features nice 2 units with Living Room, Spacious Kitchens, 1 to 2 Bedrooms, and Full baths. The Upstair has the added benefit of a 2 more finished rooms on the 3rd floor. Exterior features Wonderful Private Porches and Balcony. Beautiful and Spacious Backyard with 2 Car Garage and Wonderful Parklike Yard with Play set! This is a Wonderful Homes for ALL types of Buyers. Whether you're looking for a good Family Home, or a beginning Investor who can live in a unit and rent the other. Even Seasoned Investors can take advantage of this opportunity! Projected rents: $800 Down unit, and $1000 Upstairs Unit including finished 3rd floor. $1800 Monthly Rental income = $21,600 Projected GRI

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 2
  • Living Area: 2,325 SqFt

Listing Office:

  • Office Name: Keller Williams Greater Metropolitan
  • Office Phone: (440) 256-6179
  • Listing Agent: Jonothon Murchison

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Basketball Court, Balcony, Playground

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: E 128th Street! South of Buckeye. Between Forest Ave and Griffing

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000
  • Price Per SqFt: $43/SqFt

Tax Information:

  • Annual Amount: $619
  • 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

3040 E 128th St vs Cleveland

26 DAYS ON ROCKET

-10 Days

$100,000

-$64.2K Less

$43/SqFt

-$57 Less

KEY TAKEAWAY

This property is $64.2K less than the Median Sold Price and $57/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5080744

Listing Office:

  • Office Name: Keller Williams Greater Metropolitan
  • Office Phone: (440) 256-6179
  • Listing Agent: Jonothon Murchison

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: 11/21/2024, 10:20:56 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$619$7,110
2019$572$7,110
2018$570$7,110
2017$877$10,540

History based on county public records data.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-255004
4
/10

  • Boulevard Elementary School

  • 14900 Drexmore Rd

  • 0.90 miles

  • Public District Grades KG-4

school-card-donut-255005
5
/10

  • Onaway Elementary School

  • 3115 Woodbury Rd

  • 1.12 miles

  • Public District Grades PK-4

school-card-donut-255006
6
/10

  • Roxboro Elementary School

  • 2405 Roxboro Rd

  • 1.26 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,563. Most Cleveland, OH residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44120›3040 E 128th St

This home is located at 3040 E 128th St in Cleveland, OH and zip code 44120 in the Buckeye-Shaker Square neighborhood. This 2,325 square foot home, which was built in 1924, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $100,000.

In October 2024 more than 275 listings in Cleveland, OH were sold above the asking price. During the same period more than 110 listings were sold at asking price, while more than 333 were sold below. The number of homes for sale in Cleveland, OH increased by 4.7% between September 2024 and October 2024. In October 2024 median list price was $164,291 and the average listing age was 36 days.

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

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