SingleFamilyResidence at 540 E 123rd Street, Cleveland
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$55,000

540 E 123rd Street
Cleveland, OH 44108
Listed by Joy Larson · Keller Williams Elevate
Bedrooms
4
Bathrooms
1.5
Living area
1,630 sqft
Year built
1910

About this home

Investor opportunity in desirable Colonial-style home offering 1,630 square feet of living space with strong renovation potential. This spacious property features four generously sized bedrooms, all located on the second floor, along with a large full bathroom upstairs and a convenient half bath on the main level. The main living areas offer expansive room sizes, a traditional Colonial layout, and a fireplace that serves as a focal point in the living room. A covered front porch enhances the home’s curb appeal and provides additional outdoor living space. Situated on a 40’ x 130’ lot, this property offers a solid footprint for investors or buyers seeking a full renovation project. The unfinished basement provides additional storage and potential for future finishing or expansion. There is no garage, allowing flexibility for future parking or exterior improvements. This property is being sold strictly as-is and is well-suited for investors, renovation buyers, or those seeking a value-add opportunity. Bring your vision and unlock the full potential of this classic Colonial home.

Highlights

Fireplace

Property details

MLS
NOWDD
MLS #
5222628
Property type
SingleFamilyResidence
Subdivision
Glenville Allotment
Status
Active
Days on market
84
On market date
July 6, 2026
Stories
2
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.12 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
Citizens Leadership Academy East
0.47 mi away · Grades 0-8
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
537
Student:teacher ratio
14.9:1
District
Citizens Leadership Academy East
Middle
W.H. Kirk Middle School
1.51 mi away · Grades 6-8
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
339
Student:teacher ratio
14.1:1
District
East Cleveland City School District
High
Glenville High School
0.41 mi away · Grades 7-12
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
560
Student:teacher ratio
15.6:1
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).

84
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores7
Parks8
Schools9
Transit stops20
Pharmacies1

Market position

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

On the market 84 days -- 33 more days than Cleveland's current average of 51 days.
For reference, the median list price across 2,461 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
$481/mo
$11,000 down
$44,000 loan
Principal & interest$285
Property tax (est.)$46
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 2 days 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.