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$135,000 Sale Pending
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Property Description
***DO NOT DISTURB OR APPROACH ANY TENANTS***Excellent investment opportunity, this property is part of a seven-building multifamily portfolio (five duplexes and two triplexes) offered individually or as a complete package. Sellers reserve the right to allow for minimum market exposure before considering any offers. Current in place rents are over $12,000 across the portfolio. Properties are located across Cleveland and one in Cleveland Heights with 100% occupancy and strong in-place rent rolls, with room to increase rents to market levels. EMAIL for NDA to sign and details on the portfolio. Each property has separate gas & electric utilities, solid rental history, and a mix of long-term tenants, with subsidized and cash paying. Several units feature newer roofs, younger mechanicals, and updated electric panels and hot water heaters. Ideal for both seasoned investors seeking immediate cash flow and portfolio diversification, or local operators looking to add proven income-producing assets. The portfolio has in house management and maintenance willing to stay on for a new owner. All properties are current on rental registrations and lead-safe compliance. EMAIL for NDA and info. End buyers only, no wholesalers, contract assignments. No seller financing will be considered.***DO NOT DISTURB OR APPROACH ANY TENANTS***
Full Property Details
Full Property Details for 732 E 127th St
General
- Price: $135,000
- Taxes: $1,472 (2024)
- Status: Pending
- Type: Triplex
- Source: 505
- MLS ID: 5171042
- Updated: 11/26/2025
- Added to Site: 64 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Driveway, On Street
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: 732 E 127th
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
- # Buildings: 1
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 3
- Square Feet: 2,784
- Living Area: 2,784 Sq. Ft.
- Finished Above Grnd: 2,784 Sq. Ft.
- Year Built: 1918
- Year Built Source: Public Records
Lot Features
- Property View: City
- Lot Size (Acres): 0.1
- Lot Size: .1
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $1,472
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: Sewer, Trash Collection, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 110-07-018
Listed by Keller Williams Living, Michael L Magno
Get Pre-Approved Today
Schools
Schools serving 732 E 127th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108 | PK-8 | 0.5 mi |
Glenville High School 650 East 113th Street, Cleveland, OH 44108 | 9-12 | 0.6 mi |
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108 | PK-8 | 0.8 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11.9 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 |
John Hay Early College High School 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.6 mi |
Kenneth W Clement 14311 Woodworth Avenue, Cleveland, OH 44112 | PK-8 | 0.9 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 732 E 127th St
Date
Details
Price
Change
Source
11/16/2025
Listed
$135,000
-70.97%
MLS
2/03/2020
Sold
$465,000
—
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 732 E 127th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,472
—
$22,020
108%
2023
$1,472
80%
$10,610
—
2022
$818
1%
$10,610
—
2021
$810
5%
$10,610
22%
2020
$768
8%
$8,680
—
2019
$711
—
$8,690
—
2018
$709
32%
$8,690
36%
2017
$539
1%
$6,370
—
2016
$534
39%
$6,370
39%
2015
$385
-10%
$4,590
-10%
2014
$428
1%
$5,110
—
2013
$423
—
$5,110
—
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 732 E 127th St
732 E 127th Street, Loveland, OH 44108 (MLS# 5171042) is a Triplex property with 5 bedrooms and 3 full bathrooms. 732 E 127th Street is currently listed for $135,000 and was received on November 16, 2025. Want to learn more about 732 E 127th 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.

