This investment property in Cleveland is a great opportunity for those looking to invest in real estate. While it needs some repairs, it has the potential to be a profitable investment. The property is located in a desirable area and has good bones, but it requires some work to bring it up to its full potential. With some renovations and improvements, this property could attract quality tenants and generate a solid return on investment. Overall, this is a great opportunity for investors looking to add value and capitalize on the potential of a fixer-upper property in Cleveland.
Closed
$40,000
3908 E 123rd St, Cleveland, OH 44105
4beds
2,036sqft
Duplex, Multi Family
Built in 1925
-- sqft lot
$94,200 Zestimate®
$20/sqft
$1,135 Estimated rent
Home value
$94,200
$72,000 - $119,000
$1,135/mo
Zestimate® history
Owner options
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$1,135/mo
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$1,135/mo
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$233/mo
Est. payment
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$233/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Kathryn Schenk (216)839-5500klrw297@kw.com,
Keller Williams Greater Metropolitan
Bought with:
Joshua Meador, 2018002259
HomeSmart Real Estate Momentum LLC
Source: MLS Now,MLS#: 4459549
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Has basement: Yes
Interior area
- Total structure area: 2,036
- Total interior livable area: 2,036 sqft
- Finished area above ground: 2,036
Property
Parking
- Total spaces: 2
- Parking features: Paved
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,201 sqft
Details
- Parcel number: 13721033
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Corlett Realty Co
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 8/11/2025 | Listed for rent | $950 |
Source: Zillow Rentals Report a problem | ||
| 4/16/2025 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 3/8/2025 | Listed for rent | $950 |
Source: Zillow Rentals Report a problem | ||
| 12/7/2023 | Sold | $40,000-11.1%$20/sqft |
Source:  MLS Now #4459549 Report a problem | ||
| 11/18/2023 | Pending sale | $45,000$22/sqft |
Source: MLS Now #4459549 Report a problem | ||
| 10/30/2023 | Price change | $45,000-10%$22/sqft |
Source: MLS Now #4459549 Report a problem | ||
| 10/13/2023 | Price change | $50,000-20.6%$25/sqft |
Source: MLS Now #4459549 Report a problem | ||
| 9/21/2023 | Price change | $63,000-3.1%$31/sqft |
Source: MLS Now #4459549 Report a problem | ||
| 8/22/2023 | Listed for sale | $65,000$32/sqft |
Source: MLS Now #4459549 Report a problem | ||
| 8/12/2023 | Contingent | $65,000$32/sqft |
Source: MLS Now #4459549 Report a problem | ||
| 7/14/2023 | Price change | $65,000-13.3%$32/sqft |
Source: MLS Now #4459549 Report a problem | ||
| 5/17/2023 | Listed for sale | $75,000+123.9%$37/sqft |
Source: MLS Now #4459549 Report a problem | ||
| 12/10/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 12/5/2022 | Price change | $33,500-14.1%$16/sqft |
Source: MLS Now #4425241 Report a problem | ||
| 11/28/2022 | Listed for sale | $39,000$19/sqft |
Source: MLS Now #4425241 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $995 +0% | $14,880 |
| 2024 | $995 -13.1% | $14,880 +0.7% |
| 2023 | $1,145 +1.9% | $14,770 |
| 2022 | $1,124 +1% | $14,770 |
| 2021 | $1,113 +0.1% | $14,770 +15.9% |
| 2020 | $1,111 -85.9% | $12,740 |
| 2019 | $7,867 +667.6% | $12,740 |
| 2018 | $1,025 -40.6% | $12,740 -3.5% |
| 2017 | $1,724 +58.1% | $13,200 |
| 2016 | $1,091 | $13,200 |
| 2015 | $1,091 -15.3% | $13,200 -14.9% |
| 2014 | $1,287 +1.8% | $15,510 |
| 2013 | $1,265 +3% | $15,510 |
| 2012 | $1,228 -7.2% | $15,510 -28.8% |
| 2011 | $1,324 +0.2% | $21,780 |
| 2010 | $1,322 -61.1% | $21,780 |
| 2009 | $3,395 +8.9% | $21,780 -12% |
| 2008 | $3,117 +127.1% | $24,750 |
| 2007 | $1,372 +0.1% | $24,750 |
| 2006 | $1,371 +6.8% | $24,750 +12.4% |
| 2005 | $1,284 -3.7% | $22,020 |
| 2004 | $1,333 +6.1% | $22,020 |
| 2003 | $1,256 +13.6% | $22,020 +12.5% |
| 2002 | $1,106 -42.2% | $19,570 |
| 2001 | $1,912 +4.5% | $19,570 |
| 2000 | $1,830 | $19,570 |
Find assessor info on the county website
Neighborhood: Corlett
Nearby schools
GreatSchools rating
- 3/10Charles Dickens SchoolGrades: PK-8Distance: 0.4 mi
- 3/10John Adams College & Career AcademyGrades: 9-12Distance: 0.3 mi
- 4/10Miles SchoolGrades: PK-8Distance: 0.5 mi
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
$94,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$94,200
- Ohio
- Cuyahoga County
- Cleveland
- 44105
- Corlett
- 3908 E 123rd St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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