Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$100,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 2,442 Sq. Ft.
  • 0.1359 Acres
  • 2 Car Garage
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
Welcome to 3427 E 121st Street, a strong income-producing single-family home featuring 3 bedrooms and 1 bathroom, offering an excellent opportunity for investors seeking reliable cash flow and long-term stability. This Section 8 occupied property is currently generating impressive rental income, with CMHA paying $1,411 per month and the tenant contributing an additional $357, for a total monthly rent of $1,768 per month. At the current asking price, this property shatters the traditional 1% rule, approaching nearly 2% monthly returns, making it a standout cash-flow opportunity in today's market. In addition to its strong income performance, the property has received several key updates that provide peace of mind for long-term ownership. Improvements include a furnace that is approximately 5 years old, a hot water tank that is also around 5 years old, along with a new roof and new windows installed throughout the home. With dependable rental income already in place and important mechanical updates completed, 3427 E 121st Street represents a turnkey investment opportunity for both new and experienced investors looking to expand their Cleveland portfolio. This property can also be sold as part of a portfolio opportunity including 3198 E 118th Street (MLS #5192517), 3261 E 119th Street (MLS #5192541), and 3286 E 140th Street (MLS #5192677). Reach out to your favorite Realtor today to schedule a showing - this opportunity will not last long.

Full Property Details for 3427 E 121st St

General

  • Price: $100,000
  • Taxes: $462 (2024)
  • Status: Active
  • Type: Single Family
  • Source: 505
  • MLS ID: 5192555
  • Updated: 3/12/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 8
  • Fireplace: Yes

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Driveway, Detached, Garage

Location

  • County: Cuyahoga
  • Township: Cleveland
  • Subdivision: Mt Pleasant View
  • Driving Directions: From I-90 East, take the exit for Martin Luther King Jr. Drive and head south. Continue on Martin Luther King Jr. Drive, then turn left onto Kinsman Road. Follow Kinsman Road and turn right onto E 121st Street. Continue north on E 121st Street — 3427 E 121st Street will be on your right.

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

  • Architectural Style: Colonial, Traditional
  • Construction: Wood Siding
  • Basement: Yes
  • Basement Desc.: Concrete, Unfinished
  • Roof: Asphalt, Shingle
  • Stories/Levels: 2
  • Square Feet: 2,442
  • Living Area: 2,442 Sq. Ft.
  • Finished Above Grnd: 2,442 Sq. Ft.
  • Year Built: 1917
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1359
  • Lot Size: .1359
  • Lot Size Source: Assessor

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Tax Amount: $462
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: 444 MCH&S 0047 ALL
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 130-22-069

Listed by Lokal Real Estate, LLC., Keyano Burgess

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 3427 E 121st St —

  • Keyano Burgess

    Lokal Real Estate, LLC.

216-252-6580, marketing@lokalrealestate.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3427 E 121st St

School District:Cleveland Municipal School District
NameGradesDistance
Nathan Hale School
3588 Martin Luther King Junior Drive, Cleveland, OH 44105
PK-80.6 mi
Charles Dickens School
13013 Corlett Ave, Cleveland, OH 44105
PK-80.7 mi
John Adams College & Career Academy
3817 Martin Luther King Junior Drive, Cleveland, OH 44105
9-120.8 mi
John Marshall School of Information Technology
3952 West 140th Street, Cleveland, OH 44111
9-1210.1 mi
Cleveland School Of The Arts High School
2064 Stearns Road, Cleveland, OH 44106
9-122.5 mi
John Hay School Of Science & Medicine
2075 Stokes Boulevard, Cleveland, OH 44106
9-122.6 mi
John Hay School Of Architecture & Design
2075 Stokes Boulevard, Cleveland, OH 44106
9-122.6 mi
Andrew J Rickoff
3500 East 147th Street, Cleveland, OH 44120
PK-81 mi
Harvey Rice Elementary School
2730 East 116th, Cleveland, OH 44120
PK-81.4 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 3427 E 121st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/11/2026
Listed
$100,000
17.65%
MLS
5/08/2025
Sold
$85,000
—
Public Record
Get Price Alerts and Save Property
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 for 3427 E 121st St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$462
—
$16,840
73%
2023
$462
524%
$9,730
—
2022
$74
1%
$9,730
—
2021
$73
100%
$9,730
16%
2020
-100%
$8,400
-22%
2017
$167
1%
$10,780
—
2016
$166
—
$10,780
—
2015
$166
—
$10,780
—
2014
$166
1%
$10,780
—
2013
$164
—
$10,780
—
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 for 3427 E 121st St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Lokal Real Estate, LLC., Keyano Burgess

Similar Properties near 3427 E 121st St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3648 E 129th St, Loveland, OH 44105 - Photo 1
$100,000

3648 E 129th St  Loveland, OH 44105

  • Single Family
  • Active
  • 3
    Beds
  • 1
    Total Bath
  • 1,268
    Sq. Ft.
Listed by Prettyman & Associates, Ashley Z Hill
9700 Hilgert Dr, Loveland, OH 44104 - Photo 1
$99,900

9700 Hilgert Dr  Loveland, OH 44104

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 1
    Total Bath
  • 2,028
    Sq. Ft.
Listed by Coldwell Banker Schmidt Realty, Christopher A Frederick and Coldwell Banker Schmidt Realty, Michele L Frederick
878 E 130th St, Loveland, OH 44108 - Photo 1
$99,900

878 E 130th St  Loveland, OH 44108

  • Single Family
  • Active
  • Updated 8 days ago
  • 3
    Beds
  • 1
    Total Bath
Listed by HomeSmart Real Estate Momentum LLC, Latonya Oliver
12006 Castlewood Ave, Loveland, OH 44108 - Photo 1
$98,000

12006 Castlewood Ave  Loveland, OH 44108

  • Single Family
  • Active
  • Updated 13 days ago
  • 3
    Beds
  • 1
    Total Bath
Listed by EXP Realty, LLC., Melissa A Lupton

Just Listed near 3427 E 121st St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

11807 Vauk Valley Ln, Symmes Township, OH 45249 - Photo 1 Just Listed
$280,000

11807 Vauk Valley Ln  Symmes Township, OH 45249

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,065
    Sq. Ft.
6803 E Haven Ct, Deerfield Township, OH 45040 - Photo 1 Just Listed
$809,000

6803 E Haven Ct  Deerfield Township, OH 45040

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 5
    Total Baths
  • 4,702
    Sq. Ft.
Listed by Shelley Miller (513) 256-3411
7507 Victoria Falls Ave, Deerfield Township, OH 45039 - Photo 1 Just Listed
$380,000

7507 Victoria Falls Ave  Deerfield Township, OH 45039

  • Condo
  • Active
  • Updated 46 minutes ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,225
    Sq. Ft.
9018 Boylston St, Deerfield Township, OH 45040 - Photo 1 Just Listed
$525,000

9018 Boylston St  Deerfield Township, OH 45040

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 2,924
    Sq. Ft.

Price Reduced near 3427 E 121st St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

12173 Crestfield Ct, Symmes Township, OH 45249 - Photo 1 Price Reduced
-$5,000 (-0.9%)
$550,000

12173 Crestfield Ct  Symmes Township, OH 45249

  • Single Family
  • Active
  • Updated 6 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 4,151
    Sq. Ft.
2491 Old Mill Rd, Deerfield Township, OH 45039 - Photo 1 Price Reduced
-$9,900 (-2.2%)
$440,000

2491 Old Mill Rd  Deerfield Township, OH 45039

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,600
    Sq. Ft.
2834 Afton Valley Ct, Deerfield Township, OH 45039 - Photo 1 Price Reduced
-$20,000 (-2.74%)
$709,900

2834 Afton Valley Ct  Deerfield Township, OH 45039

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 5
    Total Baths
  • 5,184
    Sq. Ft.
8839 Pollard Pl, Deerfield Township, OH 45039 - Photo 1 Price Reduced
-$10,000 (-2.94%)
$329,900

8839 Pollard Pl  Deerfield Township, OH 45039

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,350
    Sq. Ft.

Recent Sales near 3427 E 121st St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3426 E 125th St, Loveland, OH 44120 - Photo 1 Sold
$105,000

3426 E 125th St  Loveland, OH 44120

  • Duplex
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 2,900
    Sq. Ft.
Listed by Fathom Realty, Roxanne Burnett
Sold by Keller Williams Living, Lea K Jones
3406 E 125th St, Loveland, OH 44120 - Photo 1 Sold
$100,000

3406 E 125th St  Loveland, OH 44120

  • Single Family
  • Closed
  • 4
    Beds
  • 1
    Total Bath
  • 1,501
    Sq. Ft.
Listed by Fairfellow Realty LLC, Katrina Spencer
Sold by V. S. Realty Group, LLC, Robert Lavine and V. S. Realty Group, LLC, Alex Lavine
3402 E 125th St, Loveland, OH 44120 - Photo 1 Sold
$85,000

3402 E 125th St  Loveland, OH 44120

  • Duplex
  • Closed
  • 4
    Beds
  • 2
    Total Baths
Listed by Homex Real Estate Solutions LLC, Treshawn Luton
Sold by Keller Williams Living, Journey Toole
3467 E 125th St, Loveland, OH 44120 - Photo 1 Sold
$109,900

3467 E 125th St  Loveland, OH 44120

  • Single Family
  • Closed
  • Updated 13 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,400
    Sq. Ft.
Listed by The Sweda Group, LLC., Gabe Mercado
Sold by Home Equity Realty Group, Eric W Papes

3427 E 121st Street, Loveland, OH 44120 (MLS# 5192555) is a Single Family property with 3 bedrooms and 1 full bathroom. 3427 E 121st Street is currently listed for $100,000 and was received on March 11, 2026. Want to learn more about 3427 E 121st Street? Do you have questions about finding other Single Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

Tour this property