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$175,000
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Property Description
Attention investors! Don't miss this turnkey, income-producing two-family property generating $2,322 per month in rental income with both units currently occupied and being professionally managed. In 2024 this home was renovated with updated kitchens and bathrooms, interior paint, new carpet and new hot water tanks, offering a peace of mind and minimal maintenance for years to come. Downstairs unit has 2 beds and 1 bath. Up unit has 2 beds/1 bath and includes a finished 3rd floor with 1 bed and 1 full bath making this unit a 3/2. Whether you're looking to expand your portfolio or purchase your first investment property, this cash-flowing duplex is a fantastic opportunity with reliable rental income already in place. Start earning from day one!! Conveniently located near Shaker Square, parks, schools and restaurants.
Full Property Details
Full Property Details for 3040 E 126th St
General
- Price: $175,000
- Taxes: $1,267 (2025)
- Status: Active
- Type: Duplex
- Source: 505
- MLS ID: 5228066
- Updated: 8/17/2026
- Added to Site: 33 day(s) ago
Interior
- Number of Rooms: 10
- Appliances: Dishwasher, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Rice Heights
- Driving Directions: Off Buckeye
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt
- Stories/Levels: 3
- Square Feet: 2,250
- Living Area: 2,250 Sq. Ft.
- Finished Above Grnd: 2,250 Sq. Ft.
- Year Built: 1920
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1543
- Lot Size: .1543
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $1,267
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Sewer, Water
- Tenant Pays: Cable TV, Electricity, Gas, Internet
Disclosures and Reports
- Legal Description: 437 RICEHTS 0343 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 129-24-030
Listed by EXP Realty, LLC., LaTanya C Jackson
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Schools
Schools serving 3040 E 126th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 0.8 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 1 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 1.2 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 10.4 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 1.9 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1.2 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 1.4 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 3040 E 126th St
Date
Details
Price
Change
Source
8/17/2026
Price Increased
$175,000
6.06%
MLS
7/16/2026
Listed
$165,000
6.45%
MLS
4/04/2024
Sold
$155,000
—
Public Record
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 3040 E 126th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,267
—
$18,935
—
2024
$1,266
—
$18,940
80%
2023
$1,266
56%
$10,540
—
2022
$812
1%
$10,540
—
2021
$805
1%
$10,540
17%
2020
$795
-90%
$9,000
—
2019
$8,320
1034%
$9,000
—
2018
$734
-39%
$9,000
-37%
2017
$1,199
1%
$14,180
—
2016
$1,190
—
$14,180
—
2015
$1,189
-10%
$14,180
-10%
2014
$1,320
1%
$15,760
—
2013
$1,305
—
$15,760
—
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 3040 E 126th St
3040 E 126th Street, Loveland, OH 44120 (MLS# 5228066) is a Duplex property with 5 bedrooms and 3 full bathrooms. 3040 E 126th Street is currently listed for $175,000 and was received on July 16, 2026. Want to learn more about 3040 E 126th Street? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

