3427 E 121st Street, Loveland, OH 44120 - Photo 1

1/1

$100,000

Sold
Closed
Single Family
3 Beds
1 Full Bath
2,442 Sq. Ft.
0.1359 Acres
2 Car Garage

1/1

Property Description

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

Full Property Details for 3427 E 121st St

General

Sold For: $100,000
Taxes: $462 (2024)
Status: Closed
Type: Single Family
Source: 505
MLS ID: 5192555
Added to Site: 94 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 â€” 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
Sold by Keller Williams Greater Cleveland Northeast, Ryan Sackman

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Listing agent

— 3427 E 121st St —

Keyano Burgess

Lokal Real Estate, LLC.

216-252-6580, marketing@lokalrealestate.com

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Schools

Schools serving 3427 E 121st St

School District:Cleveland Municipal School District

Name	Grades	Distance
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105	PK-8	0.6 mi
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105	PK-8	0.7 mi
John Adams College & Career Academy 3817 Martin Luther King Junior Drive, Cleveland, OH 44105	9-12	0.8 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	10.1 mi
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106	9-12	2.5 mi
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	2.6 mi
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	2.6 mi
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120	PK-8	1 mi
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120	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 3427 E 121st St

Date

Details

Price

Change

Source

5/08/2026

Sold

$100,000

—

MLS

3/11/2026

Listed

$100,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
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4
Beds
1
Total Bath
1,501
Sq. Ft.

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Single Family
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3
Beds
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Total Bath
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Sq. Ft.

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3293 E 121st St, Loveland, OH 44120 - Photo 1

Sold

$92,000

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Duplex
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4
Beds
2
Total Baths
2,218
Sq. Ft.

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3427 E 121st Street, Loveland, OH 44120 (MLS# 5192555) is a Single Family property that was sold at $100,000 on May 08, 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.

3427 E 121st St Loveland, OH 44120