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3926 E 121st St, Cleveland, OH, 44105

3beds
1baths
1,144sqft
$114,900
$100price/sqft
$1,164/moest. monthly cost
$46,560/yrincome needed

About This Home

Turnkey, updated, and ready for immediate occupancy, this 3-bedroom, 1-bath home in Cleveland's 44105 is a great opportunity for investors looking for a rent-ready asset. The property has been refreshed with many of the updates tenants are looking for, including vinyl windows, updated cabinetry, newer flooring, fresh paint, and additional improvements throughout. With the heavy lifting already done, the next owner can focus on placing a tenant and generating income rather than tackling a renovation project. The numbers make this opportunity even more attractive. Updated 3-bedroom homes continue to see strong demand throughout the area, and Section 8 payment standards can reach up to approximately $1,559 per month for a 3-bedroom home, creating the potential for solid cash flow and stable occupancy. Whether you're adding to an existing portfolio or purchasing your first investment property, this home offers a straightforward path to income generation. Located in Cleveland's growing 44105 market, the property benefits from convenient access to local restaurants, shopping, parks, and major highways. The surrounding area continues to see reinvestment and neighborhood improvements, helping support long-term appreciation and investor interest. With affordability, rental demand, and ongoing development all working in its favor, this is a move-in-ready investment opportunity with both immediate income potential and future upside.

Getting Around

48
WalkingCar-Dependent
42
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

3/10
Charles Dickens SchoolGrades PK-80.5 mi
4/10
Miles SchoolGrades PK-80.5 mi

Construction

Condition

  • Year built: 1924

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Aluminum Siding,Asphalt,Other,Plaster,Shingle Siding,Vinyl Siding,Wood Siding

Type & Style

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

Interior

Appliances

  • Laundry features: Lower Level

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 1,144

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,144
  • Total interior livable area: 1,144 sqft

Property

Details

  • Parcel number: 13802133

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,199 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway,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 $580$6,960
Home Insurance *$211$2,532
Property Taxes $180$2,160
Electricity $193$2,320
Total$1,164$13,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,908/yr
40% on housing$34,920/yr
45% on housing$31,040/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

$100This listing

vs Other Active Listings

Avg $/sqft

ZIP 44105$52
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44105$64
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)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$114,900
2026-07-06Price change$114,900
2026-06-23Listed for sale$119,900
2025-04-09Listing removed$1,200
2025-04-05Listed for rent$1,200
2025-03-25Listing removed$1,200
2025-03-22Listed for rent$1,200
2025-03-07Listing removed$1,200
2025-02-27Listed for rent$1,200
2025-02-06Sold$97,500
2025-01-08Pending sale$109,999
2025-01-01Price change$109,999
2024-12-06Listed for sale$119,900
2024-11-30Pending sale$119,900
2024-11-06Price change$119,900
2024-10-23Listed for sale$129,999
2024-09-06Sold$41,600
1996-11-08Sold$46,000

For Sale by Agent

AgentJourney Toole
BrokerageKeller Williams Living

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