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4 Beds
2 Baths
2,392 sqft

$110,000

1320 E 142nd Street, East Cleveland OH, 44112

Price per sqft$45.99
Built in1924
Property size2,392 sqft
Property typeMulti-family

Overview

Active

Listed Aug 24, 2026

Updated 6h ago

The Multi-Family Opportunity You've Been Looking For Has Arrived Providing an Attractive Turn-Key Option to Start Generating Income At Closing! This Property is an Excellent Opportunity for Investors & Owner Occupants Alike. The Work Has Been Done, Just Add This Low-Maintenance Rental to Your Portfolio! This Spacious Rent-Ready Duplex Offers 2 Units With 2 Beds & 1 Bath in Each & an Additional 3rd Floor Space Providing Potential to Completely Finish & Add a 3rd Unit. Kitchen & Bathroom Improvements Recently Completed With Refrigerator & Range in Place on 1st & 2nd Floor. Fresh Paint With Newer Carpet & Flooring in Each Unit. Major Mechanical Improvements Completed This Year Include New Roof (House & Garage) & New Gutter System Installation, Two Newly Installed Water Heaters, Newly Replaced Furnace & Another Reported to be in Good Working Condition. New Vinyl Siding Installed & Exterior of Property Freshly Painted. Current Owner has Rental Registration on File With the City of East Cleveland. 2nd Floor Unit is Occupied By Month-To Month Tenant With Monthly Payment at $800. 2nd Floor Unit to be Toured Only With Accepted Offer. 1st Floor Currently Vacant. Current Owner in the Process of Putting Section 8 Tenant in Place on 1st Floor With Expected Monthly Rental Payment of $900. Start Generating Income Immediately! Whether you’re a seasoned investor, first-time landlord, or just looking for a property with strong rental potential, this property is worth a look!

$732/mo

Est. mortgage payment based on a $110,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5236840

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$1,228
Tax Frequency
Annually
Garage
Yes
View
Yes

Courtesy of Fairfellow Realty LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Iconic Partners Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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