Investment Opportunity – 2620 E 124th St, Cleveland, OH 44120
Price: $43,000 (Includes $16,000 in back taxes)
Property Status: Condemned – Full Renovation Needed
Estimated Renovation Costs: $60,000
After Repair Value (ARV): Estimated ARV: $85,000 - $125,000 Depending on sale price
Property Details:
• Type: Single-Family Home
• Bedrooms/Bathrooms: 3 bedroom 1 bathroom
• Condition: Needs complete interior and exterior renovations
Investment Highlights:
• Fix & Flip Opportunity: High potential ROI once fully renovated
• Ready-to-Go Contractors: Electricians, painters, carpenters, and general contractors already available
• Growing Market: Located in an area with increasing property values
• Customization Potential: Ideal for investors looking to design a market-ready home
Renovation Scope:
• Structural and foundation repairs
• Full interior renovation (plumbing, electrical, drywall, flooring, kitchen, bath, etc.)
• Exterior repairs (roof, siding, porch, landscaping)
Serious inquiries only. Contact for more details, showing requests, and financial breakdowns.
Contact: EVERHAVEN REALTY
Phone: 2168080748
Sold for $44,900
$44,900
2620 E 124th St, Cleveland, OH 44120
3beds
1,556sqft
SingleFamily
Built in 1914
4,000 Square Feet Lot
$122,000 Zestimate®
$29/sqft
$1,343 Estimated rent
Home value
$122,000
$94,000 - $150,000
$1,343/mo
Zestimate® history
Owner options
List your home for rent
$1,343/mo
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$1,343/mo
Rent Zestimate®
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$262/mo
Est. payment
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$262/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air
Cooling
- None
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,556 sqft
Property
Parking
- Total spaces: 1
- Parking features: None, Garage
Features
- Exterior features: Other, Wood
Lot
- Size: 4,000 Square Feet
Details
- Parcel number: 12911090
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
Materials
- Frame
- Roof: Slate
Condition
- Year built: 1914
Community & HOA
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $29/sqft
- Tax assessed value: $47,600
- Annual tax amount: $1,093
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Sold | $44,900+4.4%$29/sqft |
Source: Public Record Report a problem | ||
| 3/19/2025 | Listed for sale | $43,000$28/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,093 +0% | $16,660 |
| 2024 | $1,092 +3.9% | $16,660 +20.2% |
| 2023 | $1,051 +0.6% | $13,860 |
| 2022 | $1,045 +1% | $13,860 |
| 2021 | $1,035 +1.2% | $13,860 +17.2% |
| 2020 | $1,022 -56.4% | $11,830 |
| 2019 | $2,345 +148.9% | $11,830 |
| 2018 | $942 -13% | $11,830 -9.9% |
| 2017 | $1,083 +0.8% | $13,130 |
| 2016 | $1,074 | $13,130 |
| 2015 | $1,074 -10.5% | $13,130 -10.1% |
| 2014 | $1,199 +1.8% | $14,600 |
| 2013 | $1,177 +3.1% | $14,600 |
| 2012 | $1,142 +9% | $14,600 -16.2% |
| 2011 | $1,048 +0.2% | $17,430 |
| 2010 | $1,046 +0.8% | $17,430 |
| 2009 | $1,038 -7.5% | $17,430 -12% |
| 2008 | $1,123 +3.3% | $19,810 |
| 2007 | $1,086 +0.1% | $19,810 |
| 2006 | $1,085 +5.4% | $19,810 +10.9% |
| 2005 | $1,029 +1.2% | $17,860 |
| 2004 | $1,018 +1.1% | $17,860 |
| 2003 | $1,007 +13.7% | $17,860 +12.6% |
| 2002 | $886 -42.8% | $15,860 |
| 2001 | $1,550 +4.5% | $15,860 |
| 2000 | $1,483 | $15,860 |
Find assessor info on the county website
Neighborhood: Buckeye Shaker
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Nearby schools
GreatSchools rating
- 3/10Sunbeam PreK-8 SchoolGrades: PK-8Distance: 0.3 mi
- 3/10Harvey Rice Elementary SchoolGrades: PK-8,10Distance: 0.4 mi
- 6/10Cleveland School Of The Arts High SchoolGrades: 9-12Distance: 1.2 mi
Get a cash offer in 3 minutes
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Estimated market value
$122,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$122,000
- Ohio
- Cuyahoga County
- Cleveland
- 44120
- Buckeye Shaker
- 2620 E 124th St
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