Cleveland, OH 44120,12702 Forest AVE
Cleveland, OH 44120,12702 Forest AVE
Cleveland, OH 44120,12702 Forest AVE
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$135,000
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4 BD
2 BA
2,241 SqFt
Active Under Contract

12702 Forest AVE Cleveland, OH 44120

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UPDATED:

03/12/2025 10:26 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,241 sqft

Price per Sqft $60

Subdivision Rice Heights 02

MLS Listing ID 5099337

Bedrooms 4

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 1,494

Year Built 1920

Annual Tax Amount $1,400

Tax Year 2023

Contingent Other See Remarks

Lot Size 5,039 Sqft

Acres 0.1157

Property Sub-Type Duplex

Property Description

This well-positioned duplex in Cleveland presents an exceptional investment opportunity with a prime location and ongoing upgrades. Situated near E 116th Street and just a few miles from the desirable Shaker Heights, this property is perfectly positioned for equitable increases as the surrounding area continues to develop.

The duplex is currently being renovated to enhance its appeal, with plans to sell when occupied by reliable tenants (it is currently vacant and still being remodeled), making it an ideal turnkey investment for passive income. Within a 4-minute drive, you'll find a variety of dining options and essential services. Plus, major highways are just 15 minutes away, offering easy access to the broader Cleveland area.

Conveniently located within a 10-minute drive to world-renowned institutions such as Cleveland Clinic and University Hospitals, this property combines comfort, practicality, and significant growth potential. Don't miss the chance to secure this prime asset in one of Cleveland's most promising neighborhoods!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Two, Three Or More

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 129-25-006

Acceptable Financing Cash, Conventional, FHA 203(b)

Listing Terms Cash, Conventional, FHA 203(b)


Listed by Cliff Louis • Keller Williams Greater Metropolitan • CliffLouis@kw.com 203-554-9020

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agent

Shawn Maynard

Agent | License ID: 64_87

+1(304) 218-0936

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12702 Forest AVE