3340 W 120th StreetCleveland, OH 44111

3340 W 120th StreetCleveland, OH 44111

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$199,900 Active
Multi Unit - Multiple MLS 5145327 New to the Market
7 beds 2 full baths 3,122 sqft

Listed By

Agency Name: RE/MAX Crossroads Properties
Agency Contact: annasellscleveland@gmail.com, 216-389-5389

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Welcome to this spacious duplex in the heart of West Cleveland, offering an excellent opportunity for both owner-occupants and investors. Surrounded by local eateries, neighborhood shops, and convenient everyday amenities, this well-located property provides strong rental potential and flexibility. The downstairs unit is tenant-occupied on a month-to-month lease paying $900 per month and features 3 bedrooms, 1 full bath, a large living room, formal dining room, spacious kitchen, and a charming front porch. The upstairs unit has been refreshed and is move-in ready, offering a similar layout plus a large third bedroom and private balcony for a total of 3 bedrooms and 1 full bath. Combined, the property offers 6 bedrooms and 2 full baths. Additional highlights include a roof and gutters less than one year old, two furnaces, two electrical panels, and two hot water tanks (one recently replaced). The property also includes a two-car detached garage, an extra-long driveway providing ample parking, and a full basement with plenty of storage space. Appliances are included with the exception of the two washer and dryer sets, which belong to the tenant. This is a solid income-producing property with upside potential in a desirable West Side location. The downstairs unit will not be shown prior to an accepted offer; buyers may view the updated upper unit and common areas during showings. Please do not disturb the tenant. Reach out today with questions or to submit your offer.

3340 W 120th Street | MLS# 5145327

This multi-family property located at 3340 W 120th Street, Cleveland, OH 44111 is currently listed for sale with an asking price of $199,900. W 120th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 1279summitstreet.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Ceiling Fan(s), Window Unit(s)
Days on Market: 6
Garage: 2
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,235 / year
Year Built: 1925

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Lot: City Lot
Parcel#: 021-22-137
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3340 W 120th Street, Cleveland, OH 44111
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,303.20 per month $975.31 Principal & Interest $269.58 Property Tax $58.30 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage