$135,000

12702 Forest Ave Cleveland, OH 44120

$1,603
Closing credit¹
4 beds
2 full
2,241 sqft
0.1 acres
$60 / sqft
Multi-Family

Property details

About 12702 Forest Ave

This well-positioned duplex in Cleveland presents an exceptional investment opportunity with a prime location and ongoing upgrades. Situated near E 116th Street and just a few miles from the desirable Shaker Heights, this property is perfectly positioned for equitable increases as the surrounding area continues to develop. The duplex is currently being renovated to enhance its appeal, with plans to sell when occupied by reliable tenants (it is currently vacant and still being remodeled), making it an ideal turnkey investment for passive income. Within a 4-minute drive, you'll find a variety of dining options and essential services. Plus, major highways are just 15 minutes away, offering easy access to the broader Cleveland area. Conveniently located within a 10-minute drive to world-renowned institutions such as Cleveland Clinic and University Hospitals, this property combines comfort, practicality, and significant growth potential. Don’t miss the chance to secure this prime asset in one of Cleveland's most promising neighborhoods!

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
Size2,241 sqft
BasementYes
Lot size0.1157 Acres
Year built1920
ParkingDriveway
MLS #5099337

Summary

  • MLS Number: 5099337
  • MLS Name: NOWDD
  • Office Name: Keller Williams Greater Metropolitan
  • Office Phone: (203) 554-9020
  • Office Email: CliffLouis@kw.com
  • Listing Agent: Cliff Louis

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

Get an agent. Get a mortgage. Save big.¹

snow covered back of property featuring a porch

$135,000

12702 Forest Ave

$1,603

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 20, 2024
Home Sold
$46,000
Jun 08, 2021
Home Sold
$30,000
Sep 12, 2011
Home Sold
$19,000
Sep 09, 2011
Home Sold
$15,000
Jul 09, 2009
Home Sold
$25,000
Jan 17, 2002
Home Sold
$97,500

Tax history

YearAssessmentProperty Tax
2023$7,600$589
2022$7,600$585
2021$7,600$580
2020$6,480$572
2019$6,480$530
2018$6,480$528
2017$9,450$798

History based on county public records data.

Nearby schools

4

Boulevard Elementary School

Public District KG-4

0.9 mi

14900 Drexmore Rd

5

Onaway Elementary School

Public District PK-4

1.1 mi

3115 Woodbury Rd

6

Roxboro Elementary School

Public District KG-5

1.1 mi

2405 Roxboro Rd

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 $21,563. Typical income of Cleveland, OH residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

68%
<35k
31%
35k-100k
1%
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?

54%
Single, No Kids
27%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 12702 Forest Ave in Cleveland, OH and zip code 44120 in the Buckeye-Shaker Square neighborhood. This 2,241 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $135,000.

Over 152 listings were sold over their listed price in February 2025 in Cleveland, OH. In the same period over 274 listings were sold below the listed price and 83 listings were sold for the listed price. The number of listings in Cleveland, OH increased by 0.7% between January and February 2025. 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.

More resources