#5100575, Cliff Louis, Listing Office: Keller Williams Greater Metropolitan
12702 Forest Ave Cleveland, OH 44120
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
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
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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.
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$135,000
12702 Forest Ave
$1,603
closing credit¹
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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. 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.
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.