Backup offers
$1,532 Closing Credit¹
#5090095, Genie R Prettyman, Listing Office: Prettyman & Associates
$130,000 List price
12709 Locke Ave Cleveland, OH 44108
$1,544
Closing credit¹
4 beds
2 full
2,315 sqft
0.09 acres
$56 / sqft
Multi-Family
Property details
About 12709 Locke Ave
Investment Opportunity in Cleveland, OH! Welcome to 12709 Locke Ave, Cleveland, OH 44108 — a fantastic duplex offering incredible cash flow potential! Located in Cleveland's Glenville neighborhood, this area is part of a $10 million Cleveland Land Bank Revitalization program that supports home construction and renovations. This spacious 2,315 sq. ft. property features two well-maintained units, each with 2 bedrooms and 1 bathroom. With updated plumbing and electrical systems, a brand new hot water tank, and fresh paint throughout both units, this property is truly move-in ready. The income potential here is outstanding. The downstairs unit already has a tenant moving in on April 1, 2025, at $800 per month on a month-to-month lease. The upstairs unit is currently vacant, and the Section 8 average rent for this zip code is $1,129 per month. With both units rented, this property easily exceeds the coveted 1% rule — approaching a 1.5% monthly return on your investment! Don’t miss out on this high-performing asset in a growing Cleveland neighborhood. Schedule your showing today and start building your portfolio with this income-generating gem! For more details or to arrange a viewing, contact your favorite realtor today!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
CoolingCeiling Fan(s)
Size2,315 sqft
BasementYes
Lot size0.0918 Acres
Year built1910
ParkingDriveway
MLS #5104972
Summary
- MLS Number: 5104972
- MLS Name: NOWDD
- Office Name: Lokal Real Estate, LLC.
- Office Email: marketing@lokalrealestate.com
- Listing Agent: Keyano Burgess
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: 3/11/2025, 9:20:54 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
$130,000
12709 Locke Ave
$1,544
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 01, 2024 | Home Sold | $105,000 |
| May 13, 1998 | Home Sold | $66,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $11,660 | $903 |
| 2022 | $11,660 | $898 |
| 2021 | $11,660 | $890 |
| 2020 | $9,560 | $844 |
| 2019 | $9,560 | $2,038 |
| 2018 | $9,560 | $779 |
| 2017 | $16,560 | $1,400 |
History based on county public records data.
Nearby schools
3
Mayfair Elementary School
Public District 3-5
1.0 mi
•13916 Mayfair Ave
4
Oxford Elementary School
Public District KG-5
2.7 mi
•939 Quilliams Rd
5
Boulevard Elementary School
Public District KG-5
2.8 mi
•1749 Lee 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. Residents of Cleveland, OH typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
63%
<35k
33%
35k-100k
2%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
60%
Single, No Kids
21%
Single, with Kids
15%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
39%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Popeyes
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 12709 Locke Ave in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 2,315 square foot home, which was built in 1910, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $130,000.
In February 2025 more than 152 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 274 were sold below. The inventory of homes for sale in Cleveland, OH between January and February 2025 increased by 0.7%. Listings spent 52 days on the market in February 2025, and had a median list price of $170,020 during the same period.
From Rocket Homes Real Estate and based on county public records data.