12804 Imperial Avenue, Cleveland, OH 44120
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:leilani m bowersock
Office:coldwell banker schmidt realty
MLS#:5119526
Source:OH_NORMLS
Price summary
- Price:$150,000
- Price per sq. ft.:$56.24
About this home
Turn-Key Triplex Investment! Welcome to 12804 Imperial Avenue, a fully turn-key triplex offering excellent cash flow and minimal maintenance from day one. This asset has been extensively renovated and top level is primed to pass Section 8 inspection—making it ideal for investors seeking reliable, stable income! Down unit recently vacated.
Recent updates include a complete exterior and interior scrape and fresh paint, and the property has passed city lead inspection (lead-safe certificate expected in ~3 months). Inside, you'll find new LVP flooring and carpet throughout, along with some windows replaced—with the remainder in full working order. Full list of 36-itemized scope of work completed during the current ownership's rehab in MLS supplements.
The unit mix includes:
Two 2 bed / 1 bath units with dining room, living room and private porches!
One 1 bed / 1 bath third-floor unit! All units have private entrances! Long driveway with ample parking, partially fenced in backyard!
Rental Breakdown:
Unit 1 vacant, was renting at $1K sec 8.
Second 2-bed unit: CASH $925
The third level is ready to go with a 1-bed unit is recommended to rent for $600/month to a cash-paying tenant or more with sec 8. Projected gross rent fully leased: $2,600/month, offering an impressive 18–21% cash-on-cash return.
Roof 2016, hot water tanks and furnaces within last 5 years.
This is a rare opportunity to acquire a high-yield, with all the heavy lifting already done. Close to parks, recreation, restaurants, freeway access, hospitals, shopping and more! Contact listing agent today for your private tour or with questions!
Contact an agent
Home facts
- Year built:1925
- Listing ID #:5119526
- Added:150 day(s) ago
- Updated:September 30, 2025 at 07:30 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,667 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1925
- Building area:2,667 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$56.24
- Tax amount:$654 (2023)
New listings near 12804 Imperial Avenue
- New
$39,000Active3 beds 1 baths684 sq. ft.4821 E 173rd Street, Cleveland, OH 44128
MLS# 5160750Listed by: KMLK REALTY - New
$62,500Active3 beds 1 baths1,092 sq. ft.4664 E 174th Street, Cleveland, OH 44128
MLS# 5160758Listed by: KMLK REALTY - New
$199,000Active3 beds 2 baths4329 W 131st Street, Cleveland, OH 44135
MLS# 5137760Listed by: RUSSELL REAL ESTATE SERVICES - New
$179,999Active6 beds 3 baths2,160 sq. ft.3366 E 130th Street, Cleveland, OH 44120
MLS# 5159353Listed by: HOMESMART REAL ESTATE MOMENTUM LLC - New
$133,700Active4 beds 2 baths1,874 sq. ft.18307 Rosecliff Road, Cleveland, OH 44119
MLS# 5159458Listed by: RUSSELL REAL ESTATE SERVICES - New
$150,000Active5 beds 3 baths2,435 sq. ft.3318 W 94th Street, Cleveland, OH 44102
MLS# 5160614Listed by: EXP REALTY, LLC. - New
$135,000Active6 beds 2 baths1,893 sq. ft.800 E 157th Street, Cleveland, OH 44110
MLS# 5159888Listed by: PLATINUM REAL ESTATE - New
$345,000Active4 beds 2 baths2,072 sq. ft.1488-1490 W 112th Street, Cleveland, OH 44102
MLS# 5159660Listed by: KELLER WILLIAMS GREATER METROPOLITAN - New
$159,900Active2 beds 2 baths1,676 sq. ft.4405 Bader Avenue, Cleveland, OH 44109
MLS# 5160587Listed by: CENTURY 21 DEPIERO & ASSOCIATES, INC. - New
$174,900Active3 beds 2 baths3983 E 176th Street, Cleveland, OH 44128
MLS# 5160611Listed by: MCDOWELL HOMES REAL ESTATE SERVICES
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.