12301 Forest Avenue, Cleveland, OH 44120
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: keyano burgess
Office: lokal real estate, llc.
MLS#:5171727
Source:OH_NORMLS
Price summary
- Price:$150,000
- Price per sq. ft.:$74.85
About this home
Discover an exceptional, fully occupied investment opportunity at 12301 Forest Ave! This turn-key duplex delivers strong cash flow from day one, featuring two updated units and long-term tenants already in place. The upstairs unit offers 4 bedrooms and 1 bath, currently rented at $1,200/month with a lease through July 31, 2026. The downstairs unit is a 2 bedroom, 1 bath rented at $1,000/month with a lease through May 31, 2026.
Extensively renovated from top to bottom, this property boasts a new roof (2024), new hot water tanks (2024), new furnaces (2024), all-new plumbing, brand-new LVP flooring throughout, fresh interior paint, and two fully remodeled bathrooms—ensuring low maintenance for years to come.
Located in the desirable Buckeye Shaker neighborhood, you’re just steps from the Shaker Square Shopping Center, home to the Atlas Movie Theater, Dave’s Market, cafés, and other popular amenities. Commuting is a breeze with quick access to downtown and major transportation routes.
With monthly rents that shatter the 1% rule and a cap rate of approximately 17.6%, this is a cash-flow machine you don’t want to miss.
Contact your favorite Realtor today—this one won’t last long!
Contact an agent
Home facts
- Year built:1918
- Listing ID #:5171727
- Added:35 day(s) ago
- Updated:December 19, 2025 at 08:16 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,004 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1918
- Building area:2,004 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$74.85
- Tax amount:$1,104 (2024)
New listings near 12301 Forest Avenue
- New
$45,400Active4 beds 2 baths1,700 sq. ft.7611 Marble Avenue, Cleveland, OH 44105
MLS# 5177963Listed by: ASPIRE COMMUNITY REALTY, LLC - New
$134,000Active6 beds 4 baths2,490 sq. ft.3454 E 76th Street, Cleveland, OH 44127
MLS# 5177600Listed by: KEY REALTY - New
$125,000Active3 beds 1 baths1,464 sq. ft.9703 Elwell Avenue, Cleveland, OH 44104
MLS# 5177848Listed by: JAMM REAL ESTATE CO. - New
$165,000Active6 beds 3 baths423 E 152nd Street, Cleveland, OH 44110
MLS# 5177949Listed by: REAL OF OHIO - New
$100,000Active4 beds 2 baths1,728 sq. ft.6845 Ottawa Road, Cleveland, OH 44105
MLS# 5177606Listed by: KELLER WILLIAMS ELEVATE - New
$108,900Active3 beds 1 baths1,056 sq. ft.12712 Lenacrave Avenue, Cleveland, OH 44105
MLS# 5177715Listed by: RUSSELL REAL ESTATE SERVICES - New
$299,900Active4 beds 2 baths1,995 sq. ft.4414 Bucyrus Avenue, Cleveland, OH 44109
MLS# 5177444Listed by: KELLER WILLIAMS LEGACY GROUP REALTY - New
$169,900Active3 beds 2 baths2,067 sq. ft.16811 Invermere Avenue, Cleveland, OH 44128
MLS# 5177746Listed by: RE/MAX ABOVE & BEYOND - New
$65,000Active4 beds 2 baths2,094 sq. ft.991 E 143rd Street, Cleveland, OH 44110
MLS# 5177470Listed by: FAIRFELLOW REALTY LLC - New
$60,000Active5 beds 3 baths2,566 sq. ft.872 Paxton Road, Cleveland, OH 44108
MLS# 5177475Listed by: FAIRFELLOW REALTY LLC