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$750,000 Just Listed
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Property Description
LITTLE ITALY Cash Flow Investment Property * Rare 6 Plex, Located On Private Street *All Apartments Are Remodeled Consisting Of: 10 Bedrooms In Total With 6.5 Bths * Four - 2 Bedroom And 1 Bath AND Two - 1 Bedroom And 1 Bath * All Located In A 3 Level Home On A Dead-End Street * Opportunity Knocks With This Updated 4,921 Square Foot Home * One Unit On The Main Level Is Rented As An Air B&B Which Is A Furnished 2 Bedroom And 1 Bath With Amazing Interest And Has Been Rented Month After Month * Lower Level Comes Equipped With Coin Operated Washers And Dryers, Adding Additional $100-$150 Month Profit, 2 Furnaces, 4 Hot Water Tanks, Also 1 Half Bath * Some Of The Many Updates Include: Electrical Wiring, PVC Drain Lines, Copper Plumbing, Doors And Windows, Building Totally Insulated * Walk To So Many Attractions, But Especially Little Italy's Finest Restaurants, Specialty Shops, Art District, Case Western Reserve University, Cleveland Clinic, University Hospital * Wonderful Location For Case Western Reserve Student Rentals * Owner Has Had Continuous Tenants, Never A Vacancy Since Ownership * Easy Parking On Street * Now Is Your Chance, So Jump On It And Add This To Your Portfolio * Call For Rent And Expense Sheets Provided By Seller * Call Me For A Private Showing Today!! Also Listed As Residential Income MLS 5213295
Full Property Details
Full Property Details for 1978 E 126th
General
- Price: $750,000
- Taxes: $9,334 (2025)
- Status: Active
- Type: Commercial Residential Facility
- Source: 505
- MLS ID: 5214034
- Updated: 5/28/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Residential
Rooms
Other Rooms
- Laundry: Coin-operated
Additional Information
- Security/Safety: Fire Escape
Parking
- Parking Features: On Street
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Cleminshaw
- Driving Directions: Mayfield Road to East 126th Street in Little Italy
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Basement: Yes
- Basement Desc.: Common Basement, Walk-Out Access
- Roof: Asphalt, Fiberglass
- Stories/Levels: 3
- Current Bldg. Use: Residential, Single Family
- Year Built: 1900
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
- Other Struct. Feat.: Storage
Lot Features
- Lot Size (Acres): 0.0603
- Lot Size: .0603
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $9,334
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 397 C&K 0033 ALL
- Property ID: 120-32-048
Listed by Century 21 Homestar, Angie Molitoris
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Schools
Schools serving 1978 E 126th
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106 | PK-8 | 0.8 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 1.4 mi |
Bolton 9803 Quebec Avenue, Cleveland, OH 44106 | PK-8 | 1.6 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 0.9 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1 mi |
Daniel E Morgan School 8912 Morris Court, Cleveland, OH 44106 | PK-8 | 1.6 mi |
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1978 E 126th
Date
Details
Price
Change
Source
5/28/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1978 E 126th
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,298
—
$90,550
24%
2023
$9,298
29%
$72,870
—
2022
$7,225
—
$72,870
—
2021
$7,245
13%
$72,870
17%
2020
$6,434
6%
$62,270
—
2019
$6,055
3%
$62,270
—
2018
$5,905
78%
$62,270
89%
2017
$3,326
—
$32,940
—
2016
$3,328
—
$32,940
—
2015
$3,335
11%
$32,940
10%
2014
$2,994
2%
$29,930
—
2013
$2,948
—
$29,930
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1978 E 126th
1978 E 126th, Loveland, OH 44106 (MLS# 5214034) is a Commercial Residential Facility property. 1978 E 126th is currently listed for $750,000 and was received on May 28, 2026. Want to learn more about 1978 E 126th? Do you have questions about finding other Commercial Residential Facility real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

