$1,573 Closing Credit¹
#5100575, Cliff Louis, Listing Office: Keller Williams Greater Metropolitan
$135,000 List price
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
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 4
- Attached Garage: No
- Private Pool: No
- Parking: Driveway
- Heating: Forced Air
- Cooling: None
- List Price: $135,000
- Price/SqFt: $60
- Annual Tax Amount: $589
- Tax Year: 2023
- Directions: E116 L on Forest
- Year Built: 1920
- Stories: 3
- Living Area: 2,241 SqFt
- Lot Size: 0.1157 Acres
- 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
Copyright 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: 4/30/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$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
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $21,563. Most Cleveland, OH residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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 Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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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.
In March 2025 more than 235 listings in Cleveland, OH were sold above the asking price. During the same period more than 83 listings were sold at asking price, while more than 286 were sold below. The number of homes for sale in Cleveland, OH increased by 14.1% between February and March 2025. While the average time on the market in March 2025 was 42 days, the median list price was $170,800.
From Rocket Homes Real Estate and based on county public records data.