SingleFamilyResidence at 4230 E 126th Street, Cleveland
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$105,000

4230 E 126th Street
Cleveland, OH 44105
Listed by Adrian Frederick · Coldwell Banker Schmidt Realty
Bedrooms
4
Bathrooms
1
Living area
N/A
Year built
1913

About this home

NEW REDUCED PRICE! ATTENTION INVESTORS! Turnkey, remodeled Section 8 rental generating $1,418 per month (owner pays water, sewer, and trash) with a quality tenant in place who would like to remain! Property has recently passed its annual Section 8 inspection, offering immediate rental income in an investor-friendly area with steady demand and growth potential. This spacious, light-filled Colonial features 3 finished levels, 4 bedrooms, and durable, low-maintenance LVP flooring throughout—no carpet! As you arrive, you'll notice updated exterior touches, including newer entry steps. An inviting front porch leads into a spacious living room perfect for entertaining, flowing into a formal dining room and an oversized eat-in kitchen with tasteful white cabinetry and plenty of space. Upstairs offers three generously sized bedrooms with LVP flooring and fresh paint, along with a full bathroom. Enjoy your morning coffee from the second-floor balcony! The third floor features a large 4th bedroom or studio space, offering additional flexibility. The basement provides ample storage and appears to have had prior waterproofing. Outside, the fully fenced backyard offers plenty of space for relaxing or entertaining, while the solid 2+ car garage adds convenience and storage. Situated on a quiet street, this property combines strong rental income, updated condition, and an established tenant, making it an excellent addition to any investment portfolio. Do not disturb tenant. No showings until accepted offer. No wholesalers or contract assignments. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

Property details

MLS
NOWDD
MLS #
5255928
Property type
SingleFamilyResidence
Subdivision
Kennedy & Christy
Status
Active
Days on market
N/A
On market date
October 25, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
2
Parking spaces
N/A
Lot size
0.1395 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Harvard Avenue Performance Academy
0.3 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
300
Student:teacher ratio
16.7:1
District
Harvard Avenue Performance Academy
Middle
Woodbury Elementary School
2.5 mi away · Grades 4-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
651
Student:teacher ratio
13.9:1
District
Shaker Heights City
High
John Adams College & Career Academy
0.78 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
486
Student:teacher ratio
16.2:1
District
Cleveland Municipal

Walkability

Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
15.5 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores8
Parks7
Schools12
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 0 days -- 50 fewer days than Cleveland's current average of 50 days.
For reference, the median list price across 2,520 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$782/mo
$21,000 down
$84,000 loan
Principal & interest$545
Property tax (est.)$88
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 15 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.