3280 E 121st Street

Cleveland, OH
$ 142,400 Beds 5 Baths 2 Sq 1,404 Virtual Tour
Monthly Estimate* How much can I afford?

ATTENTION INVESTORS: CASH COW!!! CASHFLOW FROM DAY 1 WITH SECTION 8 TENANT ALREADY IN PLACE! No need to wait 6 months to get it renovated and rented generating 100% rent from Uncle Sam. TURNKEY LISTING WITH TENANT IN PLACE! HUGEE RENTS! $1,954 per month — $23,448 annually!! Practically prints money! MASSIVE DSCR RATIO! Do the math!! Large 5-bedroom, 2-bath Cleveland rental currently generating The housing authority (CMHA) currently pays 100% of the rent, with a $0 tenant portion, providing reliable government-paid monthly income with minimal collection risk. TLocated in Cleveland’s 44120 rental corridor near Shaker Heights, Shaker Square, Buckeye–Shaker, Larchmere, University Circle, major hospitals, public transit, and downtown routes. The location benefits from stronger voucher rents associated with the surrounding Shaker-area market, while the owner still receives the advantage of lower Cleveland property taxes and no Heights POS escrow requirements. Major capital improvements have already been completed, including a complete remodel with fresh interior and exterior paint, a partial roof replacement, a new A/C unit, newer dual pane vinyl windows (no more lead based paint window probs!) LEAD BASED PAINT INSPECTED AND CERTIFIED! This is an income-producing property with much of the major upfront work already handled. Remodel, tenant placement process, and large capex expenses! BONUS! Top tier Luke Park and community center is just around the corner, offering nearly professional fields, basketball and tennis courts, a gym, classes, skating, boxing, swimming pools, and other amenities that help support strong tenant demand. Any staged photos are computer-generated and can be shared with buyer upon a successful sell for later use. Brand new stainless steel refrigerator and range included. Property is sold unfurnished. Government pays 100% of monthly rent!

Pending

  • Price
  • $ 142,400
  • City
  • Cleveland
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • Cuyahoga
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.1117 Acres
  • Zip
  • 44120
  • Sqr Footage
  • 1,404
  • Year Built
  • 1920
  • Taxes
  • $ 1389
  • Style
  • MLS#
  • 5241608
Listed By: Team Results Realty
Data Source: MLSNow

Features

General

Sewer Public Sewer
Heating Forced Air,Gas
Cooling Central Air,None
Possession Negotiable
Roof Fiberglass,Shingle
Appliances Range,Refrigerator
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 1920
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Cuyahoga
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Crawford-Woodhill
Garage Y/N false
Total Rooms 6
Full Baths 2
Status Pending
Directions From I-480, take Warrensville Center Rd north, west on Harvard Ave, north on E 121st St to 3280 E 121st St, Cleveland, OH 44120.
ModificationTimestamp 2026-09-11T14:18:18.373-00:00
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1389
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Vacant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
PostalCity CLEVELAND
Legal Description 444 CRAWWDL 0230 ALL

Interior Features

Basement Full
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Above Grade Finished Area 1404
Total Bedrooms 5
Main Level Bathrooms 1
Above Grade Finished Area Source Assessor
Total Baths 2

Exterior Features

Parking Features Off Street
Water Source Public
Lot Size Area 0.1117
Foundation Details Block
Lot Size Acres 0.1117
Lot Size Source Assessor
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/2/2026 Listed $142,400

Property vs Zip Code Average in 44120

Price
AVG $210K
$140K
Taxes
AVG $4,649
$1,389
Year Built
AVG 1933
1920

Areas That We Cover

3280 E 121st Street Cleveland, OH is a Single Family Home for sale at $142400 with 1404 sqft and a lot size of 0.1117 Acres Acre(s). 3280 E 121st Street Cleveland has 5 bedrooms, 2 baths and was built in 1920. The property's zip code is 44120 which is in Cleveland, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.