12413 Ferris Ave Cleveland, OH 44105
Corlett NeighborhoodEstimated payment $513/month
Total Views
454
3
Beds
1
Bath
1,066
Sq Ft
$75
Price per Sq Ft
Highlights
- Popular Property
- No HOA
- Forced Air Heating System
- Colonial Architecture
About This Home
Investor’s Dream! This fully turnkey rental property is a cash-flowing gem you don’t want to miss. Currently leased at $1,100/month, with the tenant paying all utilities, this property delivers strong, hassle-free income from day one. The home is well-maintained, move-in ready, and requires no major updates - just step in and start collecting rent. Located in a quiet, established neighborhood, it’s the ideal low-maintenance addition to any real estate portfolio. Whether you're a seasoned investor or just getting started, this property offers a no-brainer opportunity with solid double digit returns and minimal overhead. Don’t wait - lock in this income-producing asset today! *Note: Owner states that there are 3 bedrooms and the county auditor website states that there are 2 bedrooms.
Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2018001908 Listed on: 08/11/2025
Co-Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2025002962
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,066
Year Built
- Built in 1909 | Remodeled
Lot Details
- 5,519 Sq Ft Lot
Home Design
- Colonial Architecture
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,066 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- No Garage
- Paved Parking
- On-Site Parking
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Fowler Subdivision
Listing and Financial Details
- Assessor Parcel Number 138-09-116
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,068 | $15,960 | $4,515 | $11,445 |
| 2023 | $864 | $11,140 | $2,980 | $8,160 |
| 2022 | $1,396 | $11,130 | $2,980 | $8,160 |
| 2021 | $2,252 | $11,130 | $2,980 | $8,160 |
| 2020 | $1,123 | $9,590 | $2,560 | $7,040 |
| 2019 | $785 | $27,400 | $7,300 | $20,100 |
| 2018 | $1,070 | $9,590 | $2,560 | $7,040 |
| 2017 | $873 | $10,330 | $2,170 | $8,160 |
| 2016 | $867 | $10,330 | $2,170 | $8,160 |
| 2015 | $2,167 | $10,330 | $2,170 | $8,160 |
| 2014 | $2,167 | $12,150 | $2,560 | $9,590 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $79,900 | +70.0% | $75 / Sq Ft |
| 03/19/2024 03/19/24 | Sold | $47,000 | -14.5% | $44 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $55,000 | -- | $52 / Sq Ft |
Source: MLS Now
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $47,000 | Newman Title | |
| Quit Claim Deed | -- | Vantage Point Title | |
| Limited Warranty Deed | $15,000 | Enterprise Title Agency | |
| Sheriffs Deed | $43,334 | Attorney | |
| Warranty Deed | $79,000 | Mountaineer Title Inc | |
| Quit Claim Deed | -- | Prospect Title Agency Inc | |
| Deed | -- | -- | |
| Deed | $25,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $63,200 | No Value Available | |
| Previous Owner | $38,675 | No Value Available | |
| Closed | $3,950 | No Value Available |
Source: Public Records
Similar Homes in Cleveland, OH
Source: MLS Now
MLS Number: 5147552
APN: 138-09-116
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