Backup offers
#5133320, Terry Young, Listing office: Keller Williams Greater Metropolitan
$120,000 List price
535 E 123rd St Cleveland, OH 44108
4 beds
1 full
2,160 sqft
0.1 acres
$56 / sqft
House
Property details
About 535 E 123rd St
Calling all serious investors! This fully occupied 4-bedroom property in the highly sought-after 44108 ZIP code is a cash-flowing asset ready to be added to your portfolio. Currently rented through Section 8 at $1,400/month, this property offers reliable, government-backed income from day one. Located in one of the most active rental corridors in Cleveland, this home is surrounded by other stabilized properties and strong rental demand. The area’s proximity to I-90, University Circle, and downtown Cleveland makes it a consistent performer for long-term rental strategies. Recent updates include all new windows, adding to the property's energy efficiency and overall appeal. Tenants in place, rent secured, and no major updates needed — this is the kind of low-hassle investment opportunity that’s hard to find. Whether you’re expanding your existing holdings or looking to get into Cleveland’s booming rental market, this is the kind of property that delivers immediate ROI and long-term upside.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size2,160 sqft
BasementYes
Lot size0.1194 Acres
Year built1900
ParkingDriveway, On Street
MLS #5140136
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 4
- Attached Garage: No
- Private Pool: No
- Parking: Driveway, On Street
- Architectural Style: Colonial
- Heating: Forced Air
- Cooling: None
- List Price: $120,000
- Price/SqFt: $55
- Annual Tax Amount: $621
- Tax Year: 2023
- Directions: 90 W exit 178 taking Eddy to 123rd
- Year Built: 1900
- Living Area: 2,160 SqFt
- Lot Size: 0.1194 Acres
- MLS Number: 5140136
- MLS Name: NOWDD
- Office Name: Keller Williams Greater Metropolitan
- Office Phone: (440) 694-5551
- Office Email: alexysjones@kw.com
- Listing Agent: Alexys Jones
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $8,020 | $621 |
| 2022 | $8,020 | $649 |
| 2021 | $8,020 | $612 |
| 2020 | $6,580 | $581 |
| 2019 | $6,580 | $538 |
| 2018 | $6,580 | $904 |
| 2017 | $9,980 | $1,211 |
History based on county public records data.
Nearby schools
3
Mayfair Elementary School
Public District 3-5
1.0 mi
•13916 Mayfair Ave
5
Boulevard Elementary School
Public District KG-5
2.7 mi
•1749 Lee Rd
4
Oxford Elementary School
Public District KG-5
2.9 mi
•939 Quilliams Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,967. The most common annual income of people living in Cleveland, OH is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
45%
<35k
53%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
62%
Single, No Kids
16%
Single, with Kids
13%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 535 E 123rd St
The listing price of 535 E 123rd St property is $120,000.
The property 535 E 123rd St is a house located in Cleveland, Ohio, 44108.
Active Listing: 535 E 123rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 535 E 123rd St are: Mayfair Elementary School (GreatSchools Rating 3/10), Boulevard Elementary School (GreatSchools Rating 5/10), Oxford Elementary School (GreatSchools Rating 4/10), Citizens Leadership Academy East (GreatSchools Rating 2/10), Patrick Henry School (GreatSchools Rating 3/10), Franklin D. Roosevelt Academy (GreatSchools Rating 3/10), Glenville High School (GreatSchools Rating 2/10), Shaw High School (GreatSchools Rating 2/10), Collinwood High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $621 (source: MLS/based on county public records data).
The property at 535 E 123rd St has 4 bedrooms and 1 bathroom.
The property 535 E 123rd St is 2,160 SqFt (source: MLS/tax record).
The year of construction for 535 E 123rd St is 1900.
This home is located at 535 E 123rd St in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 2,160 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $120,000.
Cleveland, OH housing market in June 2025 saw over 306 listings sold above listed price, more than 98 sold at listed price and over 335 sold below. The number of homes for sale in Cleveland, OH increased by 3.7% between May and June 2025. In June 2025 median list price was $173,756 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.