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Sold for $89,000 on 04/15/25
  • $89,000

    12902 Locke Ave, Cleveland, OH 44108

    4beds
    --sqft
    Duplex, Multi Family
    Built in 1919
    -- sqft lot
    $91,500 Zestimate®
    $--/sqft
    $966 Estimated rent

    Home value

    $91,500

    $84,000 - $100,000

    $966/mo

    Zestimate® history
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    $520/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: April 15, 2025 at 06:13pm

    Listing Provided by:

    Darrius Fry-Leath leath52@parkviewrg.com216-644-5291,

    Parkview Realty Group Ltd

    Bought with:

    Kim L Goodrick, 2016005513

    Red 1 Realty, LLC

    Source: MLS Now,MLS#: 5094362MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Common Basement

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,998 sqft
    Details
    • Parcel number: 11117071
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • Year built: 1919

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cleveland
    • Subdivision: L M Southerns Forest Park

    Price history

    DateEventPrice
    4/15/2025Sold$89,000-11%
    Source: MLS Now #5094362
    4/14/2025Pending sale$99,999
    Source: MLS Now #5094362
    3/18/2025Price change$99,999-9.1%
    Source: MLS Now #5094362
    2/21/2025Price change$110,000-15.4%
    Source: MLS Now #5094362
    1/14/2025Listed for sale$130,000+73.3%
    Source: MLS Now #5094362

    Public tax history

    YearProperty taxesTax assessment
    2024$773 -19.5%$11,550 -6.8%
    2023$960 +0.6%$12,390
    2022$955 +0.9%$12,390

    Find assessor info on the county website

    Neighborhood: Forest Hills

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Municipal - 1809

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $91,500
    2% more+ $1,830
    With Zillow Showcase(estimated)
    $93,330