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12800 Forest AVE Cleveland, OH 44120
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Key Details
Sold Price $106,000
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,786 sqft
Price per Sqft $59
Subdivision Rice Heights Allotment 02
MLS Listing ID 5124490
Bedrooms 4
Full Baths 2
Year Built 1923
Annual Tax Amount $1,649
Tax Year 2024
Lot Size 3,598 Sqft
Property Sub-Type Duplex
Property Description
Don't miss this turnkey duplex that's ready to start cash flowing from day one! One unit is already rented, providing immediate income, while the vacant upper unit has been freshly updated with new paint, flooring, and a deep clean—move-in ready for your next tenant or house hack opportunity. Each unit features 2 comfortable bedrooms, making this a solid, versatile asset for any portfolio.
The property offers additional upside with value-add potential through light renovations or cosmetic upgrades, giving you the chance to force equity and increase long-term returns. The layout, size, and strong rental demand in the area make this an ideal buy-and-hold investment. Whether you're a seasoned investor or just getting started, this duplex is a low-risk, high-reward opportunity.
Located in a neighborhood that's actively improving and gentrifying, this duplex is surrounded by growth and development. You're just minutes from major hospitals, restaurants, grocery stores, shopping centers, and public transit, offering convenience and strong tenant appeal. Secure a cash-flowing property with long-term appreciation potential—schedule your showing today!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Detached, Garage
Roof Type Asphalt,Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with Kim Pelsoczi • Keller Williams Living