12702 Forest Avenue
Cleveland, OH 44120
- 4 beds
- 2 baths
- 2,241 sqft
- 5,040 sqft lot
- $60 per sqft
- 1920 build
- – on site
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!
Last checked:
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Last updated Feb 10, 2025
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MLS# 5099337 —
The Building
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Year Built:1920
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Year Built Source:PublicRecords
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Construction Materials:VinylSiding
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Levels:Two,ThreeOrMore
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Stories:3
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Roof:Asphalt,Fiberglass
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Basement:Full,Unfinished
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Basement:true
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# of Buildings:1
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Stories Total:3
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Above Grade Finished Area:1494.0
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Above Grade Finished Area Source:Assessor
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Below Grade Finished Area:747.0
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Below Grade Finished Area Source:Assessor
Interior
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Rooms Total:8
Room Dimensions
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Living Area:2241.0
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Living Area Units:SquareFeet
Location
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Directions:E116 L on Forest
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Latitude:41.477771
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Longitude:-81.593982
The Property
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Parcel Number:129-25-006
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Property Condition:UpdatedRemodeled
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Lot Size Acres:0.1157
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Lot Size Area:0.1157
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (203) 554-9020
- Office phone:
- (216) 839-5500
Taxes
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Tax Year:2023
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Tax Legal Description:437 RICEHTS#2 0419 ALL
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Tax Annual Amount:$1,400
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Listing Terms:Cash,Conventional,Fha203b
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Home Warranty:false
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/12702-Forest-Avenue-Cleveland-OH-44120/unbranded
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:Rice Heights 02
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Driveway
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/9/25
Feb 9, 2025
|
Listed / Active | MLS_NOW | $135,000 |
