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Commercial Real Estate for Sale at 1946 E 124th Place in Cleveland, OH for $600,000

Listing data last changed 08/19/2026 - 2:08pm
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1946 E 124th Place | Cleveland

$600,000 | 0.0 Sq. Ft.

Located in the desirable Little Italy area, this large 5-unit apartment building offers an excellent investment opportunity on an exceptionally spacious double lot, one of the largest lots in the Little Italy area.\r\n\r\nThe property features five separate apartment units, with each unit equipped with its own furnace and hot water tank, providing individual utilities and added convenience for both ownership and tenants.\r\n\r\nThe building is occupied by long-term tenants, offering established rental income and a strong opportunity for an investor looking to add a well-positioned multifamily property to their portfolio. MLSNow 5237766 Directions to property: Mayfield Road to East 124th Street in Little Italy

MLS Listing ID: 
MLSNow 5237766
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$600,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
1946 E 124th Place, Cleveland, OH 44106
County: 
Cuyahoga
Latitude: 
41.5101320
Longitude: 
-81.5965660
Directions: 
Mayfield Road to East 124th Street in Little Italy
Public Remarks: 
Located in the desirable Little Italy area, this large 5-unit apartment building offers an excellent investment opportunity on an exceptionally spacious double lot, one of the largest lots in the Little Italy area.\r\n\r\nThe property features five separate apartment units, with each unit equipped with its own furnace and hot water tank, providing individual utilities and added convenience for both ownership and tenants.\r\n\r\nThe building is occupied by long-term tenants, offering established rental income and a strong opportunity for an investor looking to add a well-positioned multifamily property to their portfolio.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Cleminshaw \u0026 Kilbourne Sub
Building Details
Details about the building on a property.
Year Built: 
1900
Living Area: 
0.0
Basement: 
Full
Construction
Foundation Details: 
Basement
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Features
Parking Type: 
Parking Pad
Total Parking Spaces: 
5
Public Record
Parcel Number: 
120-32-069
Annual Tax: 
$8,630.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Russell Real Estate Services

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