$249,000

12718 Lorain Ave Cleveland, OH 44111

$2,957
Closing credit¹
4 beds
4 full
0.08 acres
Multi-Family

Property details

About 12718 Lorain Ave

Welcome to 12718 Lorain Ave, a beautifully renovated multi-unit building that offers both comfort and convenience. This property features three fully occupied units, making it an excellent investment opportunity. Each unit has been freshly painted, showcasing modern finishes and a welcoming atmosphere. Enjoy the added benefit of an easement on the driveway, providing easy access for residents and guests alike. With its prime location and well-maintained interiors, this building is ready for you to step in and enjoy immediate rental income. Don’t miss out on this fantastic opportunity—schedule your showing today!

Highlights

Home typeTriplex
HeatingHot Water, Steam
StatusActive
BasementYes
Lot size0.0813 Acres
Year built1925
ParkingAsphalt
MLS #5082360

Summary

  • MLS Number: 5082360
  • MLS Name: NOWDD
  • Office Name: RE/MAX Omega
  • Office Phone: (440) 318-5675
  • Office Email: iz_dean@hotmail.com
  • Listing Agent: Izzeldin Izheman

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, 11:55:53 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

$249,000

12718 Lorain Ave

$2,957

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 09, 2020
Home Sold
$95,000
Jan 20, 2006
Home Sold
$110,000

Tax history

YearAssessmentProperty Tax
2023$32,660$3,261
2022$32,660$3,257
2021$32,660$3,266
2020$29,680$3,085
2019$29,680$2,904
2018$29,680$2,832
2017$35,040$3,559

History based on county public records data.

Nearby schools

5

Global Ambassadors Language Academy

Public Charter KG-5

0.4 mi

13442 Lorain Ave

7

Harrison Elementary School

Public District PK-5

1.1 mi

2080 Quail St

7

Roosevelt Elementary School

Public District KG-5

1.3 mi

14237 Athens Ave

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 $30,879. Most Cleveland, OH residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

57%
<35k
38%
35k-100k
5%
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?

51%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • 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
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

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 12718 Lorain Ave in Cleveland, OH and zip code 44111 in the Lenox Park neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 3, 2024 and is currently priced at $249,000.

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. In February 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $170,020.

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

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