Two-story brick exterior featuring covered porches on both levels, square structural columns, and a flat roofline - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood joist ceiling, painted brick fireplace, wood-framed window, and open stud walls. Unit 1 LR - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood ceiling joists, masonry fireplace with a painted brick surround, and dual pane windows. Unit 1 LR - 1231 E 124th Street, Cleveland

Exposed wood stud framing, fiberglass batt insulation, double-pane windows, and a masonry fireplace structure. Unit 1 BR 1 - 1231 E 124th Street, Cleveland

Exposed timber framing featuring recent PVC plumbing rough-in, metallic HVAC ductwork, and concrete flooring. Unit 1 BR 1 - 1231 E 124th Street, Cleveland

+42 more

Single-hung window with fiberglass batt insulation, exposed wood framing, and metal ductwork. Unit 1 bathroom - 1231 E 124th Street, Cleveland

Exposed wood structural beams, brick wall construction, multi-pane windows, and electrical service panel. Unit 1 DR - 1231 E 124th Street, Cleveland

Exposed timber framing, concrete flooring, single-pane window, and electrical panel infrastructure. Unit 1 DR - 1231 E 124th Street, Cleveland

Unfinished interior space featuring exposed wood framing, installed fiberglass batt insulation, and a single-hung window. Unit 1 BR 2 - 1231 E 124th Street, Cleveland

Open-concept interior space featuring exposed wood framing, concrete flooring, integrated electrical wiring, and fiberglass insulation. Unit 1 BR - 1231 E 124th Street, Cleveland

Exposed structural wood framing, interior brick masonry, single-hung window, and white six-panel door. Unit 1 kitchen - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood wall studs, concrete subflooring, exposed ceiling joists, and visible structural electrical framing. Unit 1 kitchen - 1231 E 124th Street, Cleveland

Unfinished utility area featuring exposed joist ceiling, concrete foundation walls, and metal ductwork with a furnace unit - 1231 E 124th Street, Cleveland

Unfinished lower level featuring a concrete floor, painted masonry walls, and exposed structural timber joists - 1231 E 124th Street, Cleveland

Unfinished basement featuring exposed wooden support studs, concrete flooring, and metal HVAC ductwork - 1231 E 124th Street, Cleveland

Unfinished basement featuring concrete flooring, masonry walls, exposed ceiling joists, metal HVAC ductwork, and a built-in furnace - 1231 E 124th Street, Cleveland

Unfinished lower level featuring painted masonry walls, exposed wood joists, and concrete flooring - 1231 E 124th Street, Cleveland

Unfinished lower level featuring concrete flooring, exposed ceiling joists, metal ductwork, a forced-air furnace, and two water heaters - 1231 E 124th Street, Cleveland

Exposed wood framing, open-stud interior walls, and visible subflooring. Unit 2 - 1231 E 124th Street, Cleveland

Structural interior space featuring exposed wood framing, masonry brick wall elements, dual-pane vinyl windows, and a white six-panel door. Unit 2 - 1231 E 124th Street, Cleveland

Exposed wood framing, structural brick masonry, fiberglass batt insulation, and a central double-hung window. Unit 2 - 1231 E 124th Street, Cleveland

Exposed timber ceiling joists, open wood-frame stud walls, and installed metal ductwork. Unit 2 - 1231 E 124th Street, Cleveland

Exposed wooden ceiling joists, wall studs, insulation batting, electrical panel, and a single-pane window. Unit 2 - 1231 E 124th Street, Cleveland

Structural framing featuring exposed wood stud walls, R-13 fiberglass batt insulation, modern single-hung window unit, and accessible PEX and PVC plumbing systems. Unit 2 - 1231 E 124th Street, Cleveland

Exposed wood stud framing, unfinished interior walls, pink batt insulation, and dual-pane window. Unit 2 - 1231 E 124th Street, Cleveland

Structural wooden framing with exposed plumbing lines and installation of vertical PVC piping. Unit 2 - 1231 E 124th Street, Cleveland

Exposed wood ceiling joists, masonry fireplace surround, double-pane window, and exterior door with multi-panel design. Unit 2 - 1231 E 124th Street, Cleveland

Exposed timber ceiling joists and unfinished interior wood-stud framing featuring integrated metal ductwork. Unit 2 - 1231 E 124th Street, Cleveland

Interior space featuring exposed ceiling joists, white painted brick fireplace, and dual-pane window. Unit 3 - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood wall framing, fiberglass batt insulation, dual pane windows, and a brick masonry fireplace. Unit 3 - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood wall framing, installed fiberglass batt insulation, and a single-pane vinyl-clad window. Unit 3 - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood framing, ceiling joists, installed electrical panel, and windows with multi-pane glazing. Unit 3 - 1231 E 124th Street, Cleveland

Interior structure featuring exposed brick masonry, vertical wood stud framing, exposed ceiling joists, and a white paneled entry door. Unit 3 - 1231 E 124th Street, Cleveland

Exposed brick wall construction with vertical timber wall studs and installed batt insulation featuring a double-hung window. Unit 3 - 1231 E 124th Street, Cleveland

Exposed wood structural framing, timber wall studs, and exposed ceiling joists with subflooring. Unit 4 - 1231 E 124th Street, Cleveland

Exposed brick structural walls, wood-stud framing, and plank subflooring. Unit 4 - 1231 E 124th Street, Cleveland

Exposed brick masonry wall, structural wood framing, dual-pane window, and wood subflooring. Unit 4 - 1231 E 124th Street, Cleveland

Interior space under renovation featuring exposed timber ceiling joists, wood stud wall framing, wood-plank flooring, and installed fiberglass insulation. Unit 4 - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood framing, plank subflooring, batt insulation, and a mounted electrical panel. Unit 4 - 1231 E 124th Street, Cleveland

Structural interior featuring wood stud framing, R-13 insulation, a single-hung window, and exposed masonry wall sections. Unit 4 - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood wall framing, ceiling joists, and visible PVC plumbing infrastructure. Unit 4 - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood framing, plank subflooring, and masonry wall construction - 1231 E 124th Street, Cleveland

Exposed timber ceiling joists, masonry fireplace with brick detailing, wooden subflooring, dual-pane windows, and paneled exterior door. Unit 4 - 1231 E 124th Street, Cleveland

Interior space under renovation featuring exposed timber framing, visible wood joists, structural brick fireplace, and plywood subflooring. Unit 4 - 1231 E 124th Street, Cleveland

Open-concept interior framing featuring exposed wooden joists, brick fireplace masonry, and installed windows - 1231 E 124th Street, Cleveland

Interior space featuring exposed wood framing, raw structural joists, and installed batt insulation. Unit 4 - 1231 E 124th Street, Cleveland

Exterior featuring horizontal siding, exposed brick masonry, and double-hung windows - 1231 E 124th Street, Cleveland

47 photos

$74,900

1231 E 124th Street

Cleveland, OH 44108

Listed by Shane Reid · Century 21 Homestar

Bedrooms

Bathrooms

Living area

4,024 sqft

Year built

1920

About this home

INVESTMENT OPPORTUNITY! Bring your vision and finish what has already been started with this all-brick, four-unit investment property in Cleveland! Offering approximately 4,024 square feet, this building features four spacious units, each designed with two bedrooms and one full bathroom, for a total of eight bedrooms and four bathrooms. A substantial rehabilitation project has already been started, providing the next investor with an opportunity to complete the renovations and bring this property back to its full potential. Interior rooms have been framed out, with drywall on-site waiting to be hung and finished. Additional improvements include newer electrical panels, newer mechanical systems, newer windows, and newer entry doors. Much of the groundwork has been started, leaving the next owner to complete the remaining renovations and finishing touches. The solid brick exterior adds to the appeal of this multifamily investment opportunity. Whether you're looking to expand your rental portfolio or complete a value-add investment project, this property offers the opportunity to transform an unfinished renovation into a four-unit income-producing asset. Bring your contractor, explore the possibilities, and see the potential for yourself! Schedule your showing today!

Property details

MLS: NOWDD
MLS #: 5252767
Property type: Quadruplex
Subdivision: Putman & Mills
Status: Active
Days on market: 2
On market date: October 12, 2026
Stories: 2
Total bathrooms: 4
Garage spaces: N/A
Parking spaces: N/A
Lot size: 0.1736 acres

Location

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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.

Elementary

Mary M Bethune

0.36 mi away · Grades -1-8

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 253
Student:teacher ratio: 11.0:1
District: Cleveland Municipal

Middle

W.H. Kirk Middle School

1.16 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

1.04 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).

Highly walkable

out of 100

EPA National Walkability Index

13.5 / 20 -- Above average walkable

Google Places amenity density

100 / 100

Restaurants & cafes20

Grocery stores12

Parks12

Schools14

Transit stops20

Pharmacies3

Market position

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

On the market 2 days -- 48 fewer days than Cleveland's current average of 50 days.

For reference, the median list price across 2,393 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.

Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$601/mo

$14,980 down

$59,920 loan

Principal & interest$389

Property tax (est.)$62

Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 3 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.