13 days on rocket

1955 E 120th St, Cleveland, OH, 44106

$499,900

Home List Price

$5,936*

Closing Credit

6 Bedrooms
3 Full Baths
2,498 SqFt
$200/SqFt
Multi
Schools Nearby

Location

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1955 E 120th St, Cleveland$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway
Year Built1900
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5029536
Lot Size0.09 Acres
StatusActive

About 1955 E 120th St

Welcome to this rare opportunity in the heart of Cleveland's Historic Little Italy Neighborhood. This income generating Multi-Family home features Three 2 Bedroom 1 Bath units, all with spacious kitchens, bedrooms, on-site laundry in the basement and a recently added separate laundry area for the top unit. This highly desirable location is in close proximity to University Circle, Case Western Reserve University, University Hospitals, Cleveland Clinic, museums, wonderful restaurants, shopping, and so much more. RECENT UPDATES include: front roof replaced (2015), back roof replaced (2022), new water tanks in all units (2023), new water line and electric added for third unit to have own laundry room (2024), updated flooring throughout (2023), and kitchen cabinets and appliances replaced in unit 1 and 3 (2023), and much more! This triplex is an ideal addition to any investors portfolio. Call today with any questions, or to schedule a private tour!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,498 SqFt

Listing Office:

  • Office Name: Engel & Völkers Distinct
  • Office Email: cleveland@evrealestate.com
  • Listing Agent: Adam T Zimmerman

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Mayfield Rd to E 120th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $4,486
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

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Cleveland, OH

City

Med. Sold Price

$157.2K

Med. Price/SqFt

$95

Avg. Days On Market

45

# of Sold Homes

634

1955 E 120th St vs Cleveland

13 DAYS ON ROCKET

-32 Days

$499,900

+$342.6K More

$200/SqFt

+$105 More

KEY TAKEAWAY

This property is $342.6K more than the Median Sold Price and $105/SqFt more than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5029536

Listing Office:

  • Office Name: Engel & Völkers Distinct
  • Office Email: cleveland@evrealestate.com
  • Listing Agent: Adam T Zimmerman

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 12:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,486$50,790
2019$4,155$50,790
2018$4,141$50,790
2017$2,185$25,840

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3430497
6
/10

  • Roxboro Elementary School

  • 2405 Roxboro Rd

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-3430498
5
/10

  • Boulevard Elementary School

  • 1749 Lee Rd

  • 1.70 miles

  • Public District Grades KG-5

school-card-donut-3430499
3
/10

  • Phoenix Village Academy Primary 2

  • 12601 Shaker Blvd

  • 1.78 miles

  • Public Charter Grades 3-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,747. The most common annual income of people living in Cleveland, OH is less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44106›1955 E 120th St

This home is located at 1955 E 120th St in Cleveland, OH and zip code 44106 in the University neighborhood. This 2,498 square foot home, which was built in 1900, sits on a 0.09 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $499,900.

In March 2024, from all listings sold in Cleveland, OH there were more than 217 sold above asking price, over 318 sold below and more than 99 were sold right at the asked price. The number of homes for sale in Cleveland, OH increased by 5.3% between February 2024 and March 2024. Listings spent 45 days on the market in March 2024, and had a median list price of $157,247 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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