NOT LISTED FOR SALE
6 Beds
2 Baths
2,004 Sq Ft
4,622 Sq Ft Lot Lot

Sale Details

Date Sold: December 22, 2025

Last sale price $160,000 $80 Per Sq Ft

4 Days on Market

About This Home

As of December 2025

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!

Last Agent to Sell the Property

Keyano Burgess

Lokal Real Estate, LLC. Brokerage Email: 216-252-6580, marketing@lokalrealestate.com License #2022000189 Listed on: 11/12/2025

Last Buyer's Agent

Rob Rogers

Howard Hanna License #2015005456

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 4,622 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2,004 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Rice Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 129-20-041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,104

Year Built

Built in 1918 | Remodeled

Lot Details

4,622 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1918
  • Attribution Contact: 216-252-6580, marketing@lokalrealestate.com
  • Subdivision Name: Rice Heights
  • Above Grade Finished Sq Ft: 2004.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1061
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 129-20-041

Tax Info

  • Tax Annual Amount: 1104.0
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/22/2025 12/22/25 Sold $160,000 +6.7% $80 / Sq Ft
11/16/2025 11/16/25 Pending -- -- --
11/12/2025 11/12/25 For Sale $150,000 -- $75 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,105 $16,520 $3,850 $12,670
2024 $1,105 $16,520 $3,850 $12,670
2023 $771 $9,940 $2,240 $7,700
2022 $766 $9,940 $2,240 $7,700
2021 $759 $9,940 $2,240 $7,700
2020 $752 $8,510 $1,930 $6,580
2019 $696 $24,300 $5,500 $18,800
2018 $694 $8,510 $1,930 $6,580
2017 $1,154 $13,650 $2,380 $11,270
2016 $1,145 $13,650 $2,380 $11,270
2015 $1,277 $13,650 $2,380 $11,270
2014 $1,277 $15,160 $2,630 $12,530
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5171727

MLS Now

APN: 129-20-041

Your Personal Tour Guide

Ask me questions while you tour the home.