3 months on rocket

3973 E 123rd St, Cleveland, OH, 44105

$117,000

Home List Price

$1,389*

Closing Credit

6 Bedrooms
2 Full Baths, 1 Partial
1,824 SqFt
$64/SqFt
Multi

Location

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3973 E 123rd St, Cleveland$117,000

Buyer Closing Credits

$1,389*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Garage
Garage2 spaces
Year Built1924
HeatingForced Air
CoolingNone
BasementYes
MLS #5064160
Lot Size0.09 Acres
StatusActive

About 3973 E 123rd St

Charming 2-Family Duplex with Income Potential and Modern Updates ready to make yours today! Welcome to this inviting 2-family duplex, perfect for both investors and owner-occupants seeking a blend of comfort and potential income. Each unit features 2 spacious bedrooms and 1 full bathroom, making it ideal for a range of living arrangements. The upstairs unit is currently tenant-occupied with a lease in place until January 2025, providing a steady income of $860 per month. The tenant adds stability while you benefit from immediate rental income. The downstairs unit is almost rent ready with just a few touches missing but ready for you or new tenants to move in. Freshly updated with modern electrical systems, updated water tanks, and efficient furnaces, ensuring a hassle-free transition and peace of mind. The property boasts durable vinyl windows throughout, enhancing energy efficiency and reducing maintenance. The clean basement offers additional storage (with 2 closets perfect for each unit) and potential for future projects. This well-maintained duplex is not just a home but a smart investment opportunity. With updated systems and a reliable tenant in place, you can enjoy the benefits of rental income while having the flexibility to occupy or lease the other unit as you see fit. Don't miss out on this chance to own a property that offers both immediate returns and long-term potential. Schedule your viewing today!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 1,824 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (216) 972-7862
  • Listing Agent: Paula Zampallo Ramirez

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: on the main street E 123

Price Information

Listing Price Info

Price Summary:

  • List Price: $117,000
  • Price Per SqFt: $64/SqFt

Tax Information:

  • Annual Amount: $1,283
  • 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

$165K

Med. Price/SqFt

$100

Avg. Days On Market

41

# of Sold Homes

629

3973 E 123rd St vs Cleveland

117 DAYS ON ROCKET

+76 Days

$117,000

-$48K Less

$64/SqFt

-$37 Less

KEY TAKEAWAY

This property is $48K less than the Median Sold Price and $37/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: #5064160

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (216) 972-7862
  • Listing Agent: Paula Zampallo Ramirez

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: 12/23/2024, 7:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 23, 2021Home Sold
$32,500
Sep 23, 2021Home Sold
$55,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,283$14,530
2019$1,188$14,530
2018$1,168$14,530
2017$1,150$13,790

History based on county public records data.

Payment Calculator

$651

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$417

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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-1156890
2
/10

  • Smart Academy

  • 4351 E 131st St

  • 0.73 miles

  • Public Charter Grades KG-4

school-card-donut-1156891
5
/10

  • Onaway Elementary School

  • 3115 Woodbury Rd

  • 2.11 miles

  • Public District Grades PK-4

school-card-donut-1156892
4
/10

  • Elmwood Elementary School

  • 5275 Turney Rd

  • 2.31 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 $39,175. The majority of Cleveland, OH residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44105›3973 E 123rd St

This home is located at 3973 E 123rd St in Cleveland, OH and zip code 44105 in the Mars Hill neighborhood. This 1,824 square foot home, which was built in 1924, sits on a 0.09 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $117,000.

In November 2024 more than 223 listings in Cleveland, OH were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 310 were sold below. The inventory of homes for sale in Cleveland, OH between October 2024 and November 2024 decreased by 4.7%. Listings spent 41 days on the market in November 2024, and had a median list price of $165,015 during the same period.

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

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