$126,800

12402 Benwood Ave Cleveland, OH 44105

$1,506
Closing credit¹
6 beds
2 full, 1 partial
3,050 sqft
0.1 acres
$42 / sqft
Multi-Family

Property details

About 12402 Benwood Ave

Discover an extraordinary investment opportunity in Cleveland's dynamic landscape - a Professional Property Management maintained multi-family residence that offers both comfort and compelling returns. This spacious duplex encompasses 2,042 square feet of thoughtfully designed living space, featuring two generously proportioned three-bedroom units that cater to modern living expectations. The lower unit currently generates $925 monthly, with significant potential for increased rental income with a lease ending 1/31/26. The upper unit will be delivered vacant, offering investors immediate flexibility or presenting an attractive owner-occupant scenario with built-in rental income. Each unit boasts three well-appointed bedrooms and showcases private porches, perfect for morning coffee or evening relaxation. Situated in a neighborhood rich with amenities, residents enjoy convenient access to educational institutions, public transportation, and essential services. The John Adams College & Career Academy is within walking distance, while nearby bus stations ensure seamless connectivity throughout Cleveland. Daily conveniences are well-catered for, with ALDI supermarket just minutes away, and recreational opportunities abound at Youth Outdoors Cleveland.Whether viewed as a pure investment vehicle or a clever owner-occupant strategy, this property represents a compelling opportunity in Cleveland's real estate market. The combination of stable current income, potential for appreciation through strategic improvements, and the property's prime location creates an attractive value proposition for astute buyers seeking both immediate returns and long-term growth potential

Highlights

Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
Size3,050 sqft
BasementYes
Lot size0.1083 Acres
Year built1926
ParkingCommon, Driveway, Off Street
MLS #5100235
ViewCity, Neighborhood

Summary

  • MLS Number: 5100235
  • MLS Name: NOWDD
  • Office Name: Russell Real Estate Services
  • Office Phone: (440) 539-7008
  • Office Email: mbrandi001@gmail.com
  • Listing Agent: Brandi Peyatt

IDXCopyright 2025 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: 3/3/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a balcony and covered porch

$126,800

12402 Benwood Ave

$1,506

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 01, 2024
Home Sold
$98,000
Dec 19, 2022
Home Sold
$54,000
Dec 19, 2022
Home Sold
$85,000
Oct 04, 2019
Home Sold
$75,500
Sep 06, 2019
Home Sold
$47,900

Tax history

YearAssessmentProperty Tax
2023$12,040$933
2022$12,040$915
2021$12,040$906
2020$10,360$903
2019$10,370$848
2018$10,370$845
2017$10,610$897

History based on county public records data.

Nearby schools

2

Smart Academy

Public Charter KG-4

0.7 mi

4351 E 131st St

5

Onaway Elementary School

Public District PK-4

2.1 mi

3115 Woodbury Rd

5

Lomond Elementary School

Public District KG-4

2.3 mi

17917 Lomond Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,175. The majority of Cleveland, OH residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

43%
<35k
50%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
26%
Single, with Kids
15%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
12%
12-17 yrs old
18%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 12402 Benwood Ave in Cleveland, OH and zip code 44105 in the Mars Hill neighborhood. This 3,050 square foot home, which was built in 1926, sits on a 0.11 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2025 and is currently priced at $126,800.

Cleveland, OH housing market in February 2025 saw over 152 listings sold above listed price, more than 83 sold at listed price and over 274 sold below. In February 2025 in Cleveland, OH there were 0.7% more homes for sale than in January. The median list price of listings available in February 2025 was $170,020, while the average time on the real estate market was 52 days.

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

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