#5099401, Ebony B Davis, Listing Office: Plum Tree Realty, LLC
12902 Locke Ave Cleveland, OH 44108
Property details
About 12902 Locke Ave
Remodeled Prime Investment Opportunity. Renovated Multi-Family Home in Cleveland consisting of two charming units with two bedrooms/one bath each unit. This is a great investment duplex opportunity allowing for maximized potential for rental income. Approximately $1,000/Unit = $2,000 in gross rent per month. Fully renovated bathrooms and kitchen, resurfaced/stained hardwood floors, new PEX water pipe installed in the entire house, refinished basement, new water gutter drain system installed. This multi-family home represents strong value in Cleveland's real estate and offers an affordable entry point for investors looking to secure a property with promising returns. Being minutes from the freeway with each unit fully renovated, the potential for immediate rental income is significant! The combination of strategic location, full renovations, and competitive pricing positions this property as a solid investment with potential for long term appreciation. Leverage the demand for quality rental properties in Cleveland. Benefit from the ongoing growth and revitalization efforts in the area for long-term value appreciation. The remodel process was taken with a lot of care and consideration of workmanship. but there were no permits, and this property is being sold "as is". Contact us now to discuss how this duplex can be a strong focal point of your successful real estate investment strategy.
Highlights
Summary
- MLS Number: 5094362
- MLS Name: NOWDD
- Office Name: Parkview Realty Group Ltd
- Office Phone: (216) 644-5291
- Office Email: leath52@parkviewrg.com
- Listing Agent: Darrius Fry-Leath
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Last updated on: 3/11/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$110,000
12902 Locke Ave
$1,306
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 05, 2023 | Home Sold | $30,000 |
Jul 14, 2017 | Home Sold | $23,500 |
Mar 06, 2017 | Home Sold | $17,500 |
Mar 27, 2007 | Home Sold | $95,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $12,390 | $960 |
2022 | $12,390 | $955 |
2021 | $12,390 | $946 |
2020 | $10,150 | $896 |
2019 | $10,150 | $830 |
2018 | $10,150 | $827 |
2017 | $17,820 | $1,506 |
History based on county public records data.
Nearby schools
3
Mayfair Elementary School
Public District 3-5
0.9 mi
•13916 Mayfair Ave
4
Oxford Elementary School
Public District KG-5
2.6 mi
•939 Quilliams Rd
5
Boulevard Elementary School
Public District KG-5
2.7 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 $47,422. Most Cleveland, OH residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 12902 Locke Ave in Cleveland, OH and zip code 44108 in the Glenville neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $110,000.
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. While the average time on the market in February 2025 was 52 days, the median list price was $170,020.