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718 E 124th Street, 
Cleveland, OH 44108

$320,000

8

Beds

4

Baths

-

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Kimberly Reed

Keller Williams Elevate

440-572-1200

Last updated:

January 7, 2026, 09:46 PM

MLS#

5179398

Source:

OH NORMLS

About This Home

718 E 124th Street

Solid brick 4-unit investment property with immediate cash flow and value-add potential. Two of the four units are currently rented at $1,020 per month. Each unit is currently on a month-to-month lease - providing in-place income with flexibility to adjust. NEWER MECHANICALS (hot water tank, furnaces, all new PEX plumbing, roof updated in 2025, new electrical boxes) This well maintained building features durable masonry construction, private balconies and strong curb appeal. Spacious layouts and natural light enhance tenant appeal, while the month to month tenancy allows a new owner to implement their investment strategy quickly. Ideal for investors seeking stabilized income with upside, portfolio expansion, or a value-add multifamily opportunity in Cleveland.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1920

Price Summary

320,000

MLS #:

5179398

Last Updated:

January 7, 2026, 09:46 PM

Added:

4 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Structure

Structure

Year Built:

1920

Lot

Lot Size (Sq. Ft):

5,009

Finances & Disclosures

Finances

Price:

$320,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.