$110,000

12902 Locke Ave Cleveland, OH 44108

$1,306
Closing credit¹
4 beds
2 full
0.09 acres
Multi-Family

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

Home typeDuplex
HeatingForced Air
StatusActive
BasementYes
Lot size0.0918 Acres
Year built1919
ParkingDriveway
MLS #5094362

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

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: 3/11/2025, 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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view of home's exterior

$110,000

12902 Locke Ave

$1,306

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

34%
<35k
52%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

51%
Single, No Kids
28%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

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 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.

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

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