718 E 124th Street, Loveland, OH 44108 - Photo 1

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1/21

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$320,000

For Sale
Active
Multi-Family
8 Total Beds
Updated 9 days ago

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Property Description

Solid brick 4-unit investment property with immediate cash flow and value-add potential. Two of the four units are currently rented at $1,020 per month. Each unit is currently on a month-to-month lease - providing in-place income with flexibility to adjust. NEWER MECHANICALS (hot water tank, furnaces, all new PEX plumbing, roof updated in 2025, new electrical boxes) This well maintained building features durable masonry construction, private balconies and strong curb appeal. Spacious layouts and natural light enhance tenant appeal, while the month to month tenancy allows a new owner to implement their investment strategy quickly. Ideal for investors seeking stabilized income with upside, portfolio expansion, or a value-add multifamily opportunity in Cleveland.

Full Property Details

Full Property Details for 718 E 124th St

General

Price: $320,000
Taxes: $4,202 (2024)
Status: Active
Type: Multi-Family
Source: 505
MLS ID: 5179398
Updated: 1/7/2026
Added to Site: 12 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 8

Parking

Parking Features: Driveway

Location

County: Cuyahoga
Township: Cleveland
Driving Directions: off of Eddy Rd.

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: Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Construction: Brick
Basement: Yes
Basement Desc.: Concrete
Roof: Asphalt
Stories/Levels: 2
Year Built: 1920
Year Built Source: Owner
Property Condition: Updated/Remodeled

Lot Features

Lot Size (Acres): 0.115
Lot Size: .115
Lot Size Source: Owner

Financial Considerations

Tax Amount: $4,202.18
Tax Year: 2024

Disclosures and Reports

Special Conditions: Standard
Disclosures/Rstr.: Owner Is Listing Agent
Property ID: 110-05-013

Listed by Keller Williams Elevate, Kimberly Reed

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Listing agent

— 718 E 124th St —

Kimberly Reed

Keller Williams Elevate

kimsoldit4U@gmail.com, 330-800-4400

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Schools

Schools serving 718 E 124th St

School District:Cleveland Municipal School District

Name	Grades	Distance
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108	PK-8	0.3 mi
Glenville High School 650 East 113th Street, Cleveland, OH 44108	9-12	0.4 mi
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108	PK-8	0.6 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	11.8 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	2.5 mi
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	2.5 mi
Kenneth W Clement 14311 Woodworth Avenue, Cleveland, OH 44112	PK-8	1 mi
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106	PK-8	1.2 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 718 E 124th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/04/2026

Listed

$320,000

146.15%

MLS

1/30/2024

Sold

$130,000

—

Public Record

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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 718 E 124th St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$4,202

—

$40,710

—

2023

$4,202

175%

$40,710

166%

2022

$1,526

-55%

$15,300

—

2021

$3,386

$15,300

-52%

2020

$3,311

31%

$31,850

44%

2019

$2,522

-29%

$22,160

—

2018

$3,529

105%

$22,160

121%

2017

$1,725

-69%

$10,020

—

2016

$5,491

438%

$10,020

—

2015

$1,021

-15%

$10,020

-16%

2014

$1,199

$11,910

—

2013

$1,180

—

$11,910

—

View All

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 718 E 124th St

718 E 124th Street, Loveland, OH 44108 (MLS# 5179398) is a Multi-Family property with units containing 8 bedrooms and 4 full bathrooms. 718 E 124th Street is currently listed for $320,000 and was received on January 04, 2026. Want to learn more about 718 E 124th Street? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

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718 E 124th St Loveland, OH 44108