479 E 126th ST new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44108
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,964 sqft
Price per Sqft $53
Subdivision Bart Estate
MLS Listing ID 5170986
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,964
Year Built 1911
Annual Tax Amount $878
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Duplex
Property Description
Excellent investment opportunity, this property is part of a seven-building multifamily portfolio (five duplexes and two triplexes) offered individually or as a complete package. Sellers reserve the right to allow for minimum market exposure before considering any offers. Current in place rents are over $12,000 across the portfolio. Properties are located across Cleveland and one in Cleveland Heights with 100% occupancy and strong in-place rent rolls, with room to increase rents to market levels. EMAIL for NDA to sign and details on the portfolio. Each property has separate gas & electric utilities, solid rental history, and a mix of long-term tenants, with subsidized and cash paying. Several units feature newer roofs, younger mechanicals, and updated electric panels and hot water heaters. Ideal for both seasoned investors seeking immediate cash flow and portfolio diversification, or local operators looking to add proven income-producing assets. The portfolio has in house management and maintenance willing to stay on for a new owner. All properties are current on rental registrations and lead-safe compliance. EMAIL for NDA and info. End buyers only, no wholesalers, contract assignments. No seller financing will be considered.
Location
State OH
County Cuyahoga
Rooms
Basement Full,Unfinished
Interior
Heating Forced Air,Gas
Cooling None
Fireplace No
Exterior
Parking Features Driveway,No Garage,On Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Accessibility None
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 111-12-121
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange