12021 Forest Avenue
Cleveland, OH 44120
6
Bed
3
Bath
0.10Acre(Lot)
A well-maintained, cash-flowing duplex perfectly positioned for savvy investors or house-hackers alike. Offering strong existing rental income paired with move-in-ready updates, this multi-family property delivers immediate returns and long-term peace of mind. Unit 1 is currently vacant and is ready for a tenant or owner occupant. Recently renovated with fresh interior paint, glowing original hardwood floors, updated modern lighting fixtures, and high-efficiency vinyl windows throughout. Unit two currently rented out with long term section 8 tenants paying $1270 a month. Full unfinished basement equipped with secure glass block windows for safety and insulation. Both water heaters are under 10 years old, with one unit newly replaced in June 2024. Situated directly along major public
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 12 Has Basement: Yes Basement: Concrete -
Roofing Information
Slate -
Interior Features
Roof: Slate -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s)
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Building Information
Year Built: 1920 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.1 Acres Lot Size Acres: 0.1 Lot Size Source: AssessorProperty Information
Subdivision: L H Wain Land Cos Rice Heights Al Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 106
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Listing Price Information
Listing Price: $175000 Original Price: $165000 Cash, Conventional
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Tax Information
Parcel Number: 129-19-036 Tax Year: 2025 Annual Tax: $1067.62 Tax Legal Desc: 436 RICEHTS SL 21NEC 20 X 17 0020 ALL
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Parking Information
Detached, Garage, On StreetGarage Information
Has Garage: Yes Garage Space: 1
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Location Information
Direction: between E 116th and E 121st St WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3659 Chelton Road, Shaker Heights, OH, 44120 | $120,000 | 4 | 2 | -- | 0.10 Acre |
| 3645 E 153rd Street, Cleveland, OH, 44120 | $155,000 | 4 | 2 | 2,264 | 0.12 Acre |
| 3598 E 149th Street, Cleveland, OH, 44120 | $175,000 | 5 | 3 | -- | 0.13 Acre |
| 14901 Milverton Road, Cleveland, OH, 44120 | $215,000 | 6 | 3 | 4,062 | 0.16 Acre |
| 3608 E 147th, Cleveland, OH, 44120 | $159,000 | 6 | 1 | 2,770 | 0.20 Acre |
| 3661 E 146th Street, Cleveland, OH, 44120 | $115,900 | 4 | 2 | 3,012 | 0.13 Acre |
| 3599 E 146th Street, Cleveland, OH, 44120 | $93,500 | 6 | 2 | 2,762 | 0.15 Acre |
| 3692 E 146th Street, Cleveland, OH, 44120 | $150,000 | 4 | 2 | 2,350 | 0.13 Acre |
| 3360 E 146th Street, Cleveland, OH, 44120 | $155,000 | 4 | 2 | 2,228 | 0.11 Acre |
| 3334 E 146th Street, Cleveland, OH, 44120 | $165,000 | 4 | 3 | 2,052 | 0.11 Acre |
Similar Multifamily To 12021 Forest Avenue
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
ByOwner last updated this listing 09/28/2026 @ 21:20
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