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  • $240,000

    3406 E 123rd St, Cleveland, OH 44120

    4beds
    2,792sqft
    Duplex, Multi Family
    Built in 1920
    -- sqft lot
    $128,800 Zestimate®
    $86/sqft
    $1,276 Estimated rent

    Home value

    $128,800

    $95,000 - $164,000

    $1,276/mo

    Zestimate® history
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    $1,276/mo

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    $1,778/mo

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    $1,778/mo

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    What's special

    Calling all investors and developers! This 4-bedroom, 2-unit multifamily presents a rare chance to create serious value. The property is in need of a full renovation—a blank canvas ready for your vision and expertise. Situated in a high-demand rental area, this building has solid bones and the layout to support strong future returns. Once renovated, it offers the potential for robust cash flow and excellent appreciation, making it ideal for either a fix-and-flip or buy-and-hold strategy. Properties with this much upside don’t come around often. Bring your contractor and your creativity—this is your chance to transform a project into a high-performing asset. Being sold AS-IS. Seller will make no repairs. No utilities are on and seller will not turn them on to accommodate. Seller is willing to package along with MLS#5120375

    Zillow last checked:

    Listing updated:

    Listed by:

    Sabrina R Semidey sabrina@nextstephomesgroup.com216-903-7710,

    Keller Williams Citywide

    Bought with:

    Gabriel Newberry, 2021006563

    Lokal Real Estate, LLC.

    Source: MLS Now,MLS#: 5117029MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Common Basement
    Interior area
    • Total structure area: 2,792
    • Total interior livable area: 2,792 sqft
    • Finished area above ground: 2,792

    Property

    Parking
    • Parking features: Driveway
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,919 Square Feet
    Details
    • Parcel number: 13022082
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Wood Siding
    • Roof: Asphalt
    Condition
    • Fixer
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Mount Pleasant View 02
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $86/sqft
    • Tax assessed value: $65,400
    • Annual tax amount: $2,170
    • Date on market: 6/23/2025
    • Cumulative days on market: 9 days
    • Listing terms: Cash,1031 Exchange

    Price history

    DateEventPrice
    3/24/2026Listing removed$1,200
    Source: Zillow Rentals Report a problem
    3/7/2026Listed for rent$1,200
    Source: Zillow Rentals Report a problem
    9/22/2025Sold$240,000+243.3%$86/sqft
    Source: Public Record Report a problem
    6/10/2025Sold$69,900$25/sqft
    Source: MLS Now #5117029 Report a problem
    5/14/2025Pending sale$69,900$25/sqft
    Source: MLS Now #5117029 Report a problem
    5/6/2025Listed for sale$69,900+16.5%$25/sqft
    Source: MLS Now #5117029 Report a problem
    2/5/2025Listing removed$60,000$21/sqft
    Source: MLS Now #5093405 Report a problem
    1/9/2025Listed for sale$60,000-38.8%$21/sqft
    Source: MLS Now #5093405 Report a problem
    1/25/2023Sold$98,000+40%$35/sqft
    Source: Public Record Report a problem
    10/17/2022Sold$70,000+159.3%$25/sqft
    Source: Public Record Report a problem
    2/14/2018Listing removed$27,000$10/sqft
    Source: Keller Williams Greater Cleveland #3954128 Report a problem
    11/28/2017Price change$27,000-10%$10/sqft
    Source: Keller Williams Greater Cleveland #3954128 Report a problem
    11/3/2017Price change$30,000+11.1%$11/sqft
    Source: Keller Williams Greater Cleveland #3954128 Report a problem
    10/31/2017Listed for sale$27,000-22.9%$10/sqft
    Source: Owner Report a problem
    9/18/2017Listing removed$35,000$13/sqft
    Source: Keller Williams Greater Cleveland #3940274 Report a problem
    9/15/2017Price change$35,000+9.4%$13/sqft
    Source: Keller Williams Greater Cleveland #3940274 Report a problem
    9/9/2017Listed for sale$32,000+48.8%$11/sqft
    Source: Owner Report a problem
    12/5/2014Listing removed$21,500$8/sqft
    Source: Owner Report a problem
    12/4/2014Listed for sale$21,500$8/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,531 +0%$22,890
    2024$1,531 +45%$22,890 +68.1%
    2023$1,056 +0.6%$13,620
    2022$1,050 +0.9%$13,620
    2021$1,040 +0%$13,620 +15.8%
    2020$1,040 +8%$11,760
    2019$963 +0.3%$11,760
    2018$960 -29%$11,760 -26.5%
    2017$1,353 +122.9%$16,000
    2016$607 $16,000
    2015$607 -53.4%$16,000
    2014$1,302 +41.6%$16,000
    2013$920 +57.9%$16,000
    2012$582 -28.1%$16,000 -27.2%
    2011$810 +0.2%$21,990
    2010$808 +0.8%$21,990
    2009$802 -14.3%$21,990 -12%
    2008$935 +3.3%$25,000
    2007$905 -34.6%$25,000
    2006$1,384 +4.3%$25,000 +9.9%
    2005$1,326 +1.2%$22,750
    2004$1,311 +1.1%$22,750
    2003$1,297 +13.5%$22,750 +12.5%
    2002$1,143 -42.2%$20,230
    2001$1,976 +4.5%$20,230
    2000$1,892 $20,230
    Find assessor info on the county website

    Neighborhood: Mt Pleasant

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Municipal - 1809

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $128,800
    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
    $128,800