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2821 E 127th St, Cleveland, OH, 44120

4beds
2baths
2,332sqft
$171,000
$73price/sqft
$1,655/moest. monthly cost
$66,200/yrincome needed

About This Home

This is a great opportunity for investors and owner occupants alike to own a FULLY RENOVATED, LEAD SAFE CERTIFIED 4 bedroom, 2 FULL BATHROOM Cape Cod located on a quiet street in the vibrant Larchmere neighborhood of Cleveland. This LOW MAINTENANCE single family home is perfect for a large family. With over $60k in renovations (2025) including lead safe certificate, this house offers a LIGHT FILLED, well thought out floor plan featuring the following: Interior: - NEW GOURMET KITCHEN with plenty of cabinet space, QUARTZ COUNTERS and Shaker cabinets - MAIN FLOOR PRIMARY - 2 LARGE FULL BATH's (one on main and second upstairs) - Partially finished basement great for additional family living and entertaining - ALL NEW WINDOWS Exterior: - Freshly painted exterior - New shutters - New roof on oversized 2 CAR GARAGE No detailed has been spared! This home features modern, sleek matte black fixtures and hardware throughout including kitchen sink, faucet, kitchen cabinet hardware, bathroom faucets and fixtures, door knobs, hinges and light fixtures for consistency throughout. Located steps away from public transportation (bus and rail (RTA), Shaker Square featuring weekend farmers market, grocery shopping, bakery, restaurants, shops, parks and a short drive to downtown, Cleveland Clinic, Case Western University and University Hospitals. IMPORTANT NOTE: Rental listing was removed as it took four months to get the lead safe certificate due to the city of Cleveland delay, NOT because of property or interest. Delay was no fault of property. On the contrary, we had upwards of 100 interested potential tenants, one of whom was approved and ready to go, but Seller was unable to on-board due to delay.

Getting Around

81
WalkingVery Walkable
48
TransitSome Transit
53
BikeBikeable

Schools

3/10
3/10
Sunbeam PreK-8 SchoolGrades PK-80.7 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1950

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 832
  • Finished area above ground: 1,500

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,332
  • Total interior livable area: 2,332 sqft

Property

Details

  • Parcel number: 12917016
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,704 sqft

Parking

  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $864$10,368
Home Insurance *$272$3,264
Property Taxes $269$3,228
Electricity $250$3,001
Total$1,655$19,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,742/yr
40% on housing$49,650/yr
45% on housing$44,133/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 44120$81
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44120$87
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-17Price change$189,900
2026-03-12Price change$199,900
2026-02-21Listing removed$1,800
2026-02-17Listed for sale$215,000
2025-11-02Listing removed$250,000
2025-10-28Price change$250,000
2025-10-24Listed for rent$1,800
2025-10-18Listed for sale$179,900
2025-04-08Sold$68,000
2025-03-31Pending sale$81,000
2025-03-19Contingent$81,000
2025-03-10Price change$81,000
2025-02-25Listed for sale$87,000
2024-11-06Sold$40,300

For Sale by Agent

AgentBonnie O'Rourke
BrokerageHoward Hanna

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