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$114,500
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Property Description
Turnkey income-producing duplex on Cleveland's east side! Live in one unit and let the other pay your mortgage, or rent out all units for excellent cash flow. This well-maintained colonial offers 2,154 sq ft with two spacious 2-bedroom, 1-bath units plus a separately rented basement. The lower unit is move-in ready, while the upper unit has a long-term tenant of 15 years who is clean, reliable, and has never been late on rent, currently paying $550 month-to-month. The basement tenant is also month-to-month and would love to stay, providing stable income and flexibility for the next owner. Many updates include a solid roof with one layer and no leaks, new electrical panels and meters, and both kitchens remodeled within the last two years with updated GFCIs. The downstairs furnace is less than five years old, and the hot water tanks are approximately five years old. The fireplace is operational and adds extra charm. Classic features include hardwood floors, original wood trim, separate utilities, aluminum and vinyl siding, a two-car garage, and a paved driveway. Conveniently located near Miles Ave, close to shopping, parks, and public transportation. A fantastic opportunity for investors or owner-occupants seeking a stable, income-producing property. Seller has another home we could do a package deal MLS #5177022 (that one will need full rehab but all electrical has been done and material can stay)
Full Property Details
Full Property Details for 4292 E 128th St
General
- Price: $114,500
- Taxes: $1,128 (2024)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5163419
- Updated: 1/3/2026
- Added to Site: 93 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached, Garage, Paved
Location
- County: Cuyahoga
- Township: Other Township
- Driving Directions: Located off of Miles Ave.
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, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 2,154
- Living Area: 2,154 Sq. Ft.
- Finished Above Grnd: 2,154 Sq. Ft.
- Year Built: 1912
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.12
- Lot Size: .12
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $1,128
- Tax Year: 2024
- Terms: Cash, Conventional, FHA 203(b), FHA 203(k), FHA, VA Loan
- Owner Pays: Sewer, Water
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 138-15-035
Listed by RE/MAX Transitions, Kit Custer
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Schools
Schools serving 4292 E 128th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 0.8 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 0.9 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 1.4 mi |
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105 | PK-8 | 1.5 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1.6 mi |
Adlai Stevenson School 18300 Woda Avenue, Cleveland, OH 44122 | PK-8 | 2.4 mi |
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 3 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 3.3 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4292 E 128th St
Date
Details
Price
Change
Source
11/10/2025
Price Reduced
$114,500
-11.92%
MLS
10/15/2025
Listed
$130,000
31.31%
MLS
4/01/2005
Sold
$99,000
—
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 4292 E 128th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,128
—
$17,080
45%
2023
$1,128
26%
$11,770
—
2022
$896
1%
$11,770
—
2021
$887
1%
$11,760
16%
2020
$882
8%
$10,120
—
2019
$816
—
$10,120
—
2018
$814
-4%
$10,120
—
2017
$844
1%
$10,120
—
2016
$837
—
$10,120
—
2015
$837
-15%
$10,120
-15%
2014
$982
1%
$11,900
—
2013
$971
—
$11,900
—
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 4292 E 128th St
4292 E 128th Street, Loveland, OH 44105 (MLS# 5163419) is a Triplex property with 4 bedrooms and 2 full bathrooms. 4292 E 128th Street is currently listed for $114,500 and was received on October 15, 2025. Want to learn more about 4292 E 128th Street? Do you have questions about finding other Triplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

