12414 Forest Grove Avenue, Cleveland, OH 44108

Local realty services provided by:Better Homes and Gardens Real Estate Central
12414 Forest Grove Avenue,Cleveland, OH 44108
$72,000
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  • 3 Beds
  • 1 Baths
  • 1,172 sq. ft.
  • Single family
  • Active
Listed by: athena t nimmer, jermaine n brooks
Office: keller williams greater metropolitan
MLS#:5184638
Source:OH_NORMLS

Price summary

  • Price:$72,000
  • Price per sq. ft.:$61.43

About this home

Looking for your next deal? Well you've scrolled to the right one! Cash-flowing in the Glenville neighborhood- this 3bd/1ba rental will add immediate income to your portfolio. Long term tenants in place at $900/mos paying all utilities including water and sewer. Property meets 1% rent rule with room to increase offering built-in upside. Market rent $1200-1400 (CMHA $1683). Cap rate 10% and just meets 70% ARV. New furnace & ductwork (2025) plus 1-year home warranty for added protection. Professional property management in place, making this an ideal hands-off investment for new, seasoned, or out-of-state buyers. Located in a high demand rent area and less than 10 minutes from Cleveland's cultural and job hub- University Circle, where you'll find the Museum of Art, Natural History, CWRU, Cleveland Clinic Main Campus, and Univ. Hospital. Don't miss out on this easy win!

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Home facts

  • Year built:1914
  • Listing ID #:5184638
  • Added:1 day(s) ago
  • Updated:February 02, 2026 at 12:18 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,172 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1914
  • Building area:1,172 sq. ft.
  • Lot area:0.08 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$72,000
  • Price per sq. ft.:$61.43
  • Tax amount:$1,420 (2025)
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