USAOHClevelandMt Pleasant View3427 E 121St St
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3427 E 121St St, Cleveland, OH

House

Sold

Listed price in listed location currency (USD).
$100,000
$100,000

312

MLS® 5192555

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2442 sqft
Garage Yes
Taxes $462
Lot Size 
Approx. Age 1917
Avg. Price Per Sqft $40
MLS® Number 5192555

Property Address: 3427 E 121st St, Cleveland, OH, 44120-4301

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5192555
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1917
BasementConcrete, Unfinished
DrivewayDriveway, Detached, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Other:First Floor7.2 × 10 ft
Other:Basement24.7 × 21 ft
Dining Room:First Floor13.4 × 10.11 ft
Kitchen:First Floor10.11 × 10.11 ft
Utility Room:Basement24.7 × 5.9 ft
Bedroom 1:Second Floor10.1 × 14.4 ft
Laundry:Basement6.8 × 11.2 ft
Bedroom 1:Second Floor11.1 × 11.1 ft
Other:Second Floor7.6 × 6.8 ft
Living Room:First Floor17.1 × 14.4 ft

Price History

May 2, 2026End Date
$100,000Sold Price

Sold

Mar 11, 2026List Date
$100,000List Price
Apr 11, 2025End Date
$85,000Sold Price

Sold

Mar 20, 2025List Date
$100,000List Price
  • Commute

Commute

Starting Address
Destination Address
3427 E 121St St, Cleveland, OH

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