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Property Description

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!

Features
: Gas, Forced Air
: No
: On Street, On Street, On Street
Address Map
OH
Cuyahoga
Cleveland
44120
Forest
12301
Avenue
W82° 24' 10.6''
N41° 28' 41.8''
Property Details
Active
Lokal Real Estate, LLC.
Keyano Burgess
2022000189
9571
129-20-041
: Asphalt, Fiberglass
: Public Sewer
: Frame
: Public
$1,104
13/11/2025 03:22:31
No
No
No
No

12301 Forest Avenue, Cleveland, Ohio 44120

Residential Income For Sale

2 Bathrooms
2,004 Sqft
$150,000
Listing ID #5171727
Basic Details
Property Type : Residential Income
Property Sub Type : Duplex
Levels : Three Or More
Listing Type : For Sale
Listing ID : 5171727
Price : $150,000
Rooms : 10
Bathrooms : 2
Square Footage : 2,004 Sqft
Year Built : 1918
Lot Area : 0.11 Sqft
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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