$1,627 Closing Credit¹
#5125722, Alexys Jones, Listing office: Keller Williams Greater Metropolitan
$150,000 List price
12804 Imperial Ave Cleveland, OH 44120
$1,781
Closing credit¹
6 beds
3 full
2,667 sqft
0.09 acres
$56 / sqft
Multi-Family
Property details
About 12804 Imperial Ave
Turn-Key Triplex Investment! Welcome to 12804 Imperial Avenue, a fully turn-key triplex offering excellent cash flow and minimal maintenance from day one. This asset has been extensively renovated and is primed to pass Section 8 inspection—making it ideal for investors seeking reliable, stable income! Recent updates include a complete exterior and interior scrape and fresh paint, and the property has passed city lead inspection (lead-safe certificate expected in ~3 months). Inside, you'll find new LVP flooring and carpet throughout, along with 50% of the windows replaced—with the remainder in full working order. Full list of 36-itemized scope of work completed during the current ownership's rehab in MLS supplements. The unit mix includes: Two 2 bed / 1 bath units with dining room, living room and private porches! One 1 bed / 1 bath third-floor unit! All units have private entrances! Long driveway with ample parking, partially fenced in backyard! Rental Breakdown: One Section 8 tenant currently paying $870, with a rent increase request already submitted (should be at least $1,000 after increase). Second 2-bed unit has an accepted application at $950. The 1-bed unit is recommended to rent for $600/month to a cash-paying tenant. Projected gross rent fully leased: $2,600/month, offering an impressive 18–21% cash-on-cash return. Roof 2016, hot water tanks and furnaces within last 5 years. This is a rare opportunity to acquire a high-yield, Section 8-ready property with all the heavy lifting already done.Close to parks, recreation, restaurants, freeway access, hospitals, shopping and more! Contact listing agent today for your private tour or with questions!
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
Size2,667 sqft
BasementYes
Lot size0.0937 Acres
Year built1925
ParkingDriveway
MLS #5119526
Summary
- Full Bathrooms: 3
- Appliances: Range
- Basement: Yes
- Total Bedroom Count: 6
- Attached Garage: No
- Private Pool: No
- Parking: Driveway
- Exterior: Balcony, Other
- Heating: Forced Air
- Cooling: None
- List Price: $150,000
- Price/SqFt: $56
- Annual Tax Amount: $654
- Tax Year: 2023
- Directions: From Shaker Blvd, head South on E 114th, turn left onto Imperial Ave. Property on your right.
- Year Built: 1925
- Stories: 3
- Living Area: 2,667 SqFt
- Lot Size: 0.0937 Acres
- MLS Number: 5119526
- MLS Name: NOWDD
- Office Name: Coldwell Banker Schmidt Realty
- Office Phone: (440) 570-9514
- Office Email: leilani7b@gmail.com
- Listing Agent: Leilani M Bowersock
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: 6/5/2025, 4:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$150,000
12804 Imperial Ave
$1,781
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 22, 2016 | Home Sold | $35,000 |
| Jul 08, 2011 | Home Sold | $37,000 |
| Feb 27, 2009 | Home Sold | $12,480 |
| Jun 14, 2005 | Home Sold | $89,450 |
| Apr 19, 2004 | Home Sold | $10,625 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $8,440 | $654 |
| 2022 | $8,440 | $683 |
| 2021 | $8,440 | $644 |
| 2020 | $7,210 | $636 |
| 2019 | $7,210 | $589 |
| 2018 | $7,210 | $587 |
| 2017 | $11,100 | $938 |
History based on county public records data.
Nearby schools
4
Boulevard Elementary School
Public District KG-4
1.0 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
1.5 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 $25,938. Most Cleveland, OH residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
69%
<35k
25%
35k-100k
6%
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?
67%
Single, No Kids
19%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
16%
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
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
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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Frequently asked questions
About 12804 Imperial Ave
The listing price of 12804 Imperial Ave property is $150,000.
The property 12804 Imperial Ave is a multi located in Cleveland, Ohio, 44120.
Active Listing: 12804 Imperial Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12804 Imperial Ave are: Boulevard Elementary School (GreatSchools Rating 4/10), Onaway Elementary School (GreatSchools Rating 5/10), Roxboro Elementary School (GreatSchools Rating 6/10), Andrew J. Rickoff School (GreatSchools Rating 3/10), Wings Academy 1 (GreatSchools Rating 3/10), Woodbury Elementary School (GreatSchools Rating 5/10), Shaker Hts High School (GreatSchools Rating 5/10), John Adams College and Career Academy (GreatSchools Rating 2/10), Cleveland School of the Arts (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $654 (source: MLS/based on county public records data).
The last sale was on January 22, 2016 for $35,000 (source: MLS/tax record).
The property 12804 Imperial Ave is 2,667 SqFt (source: MLS/tax record).
The year of construction for 12804 Imperial Ave is 1925.
This home is located at 12804 Imperial Ave in Cleveland, OH and zip code 44120 in the Woodhill Park neighborhood. This 2,667 square foot home, which was built in 1925, sits on a 0.09 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $150,000.
Over 345 listings were sold over their listed price in May 2025 in Cleveland, OH. In the same period over 304 listings were sold below the listed price and 106 listings were sold for the listed price. Between April and May 2025, Cleveland, OH real estate market has seen increase in the number of listings by 6.8%. While the average time on the market in May 2025 was 40 days, the median list price was $172,929.
From Rocket Homes Real Estate and based on county public records data.