Closed

$48,000

12403 Farringdon Ave, Cleveland, OH 44105

6beds

--sqft

Triplex, Multi Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,185 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,185/mo

Zestimate^® history

Owner options

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$1,185/mo

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$1,185/mo

Rent Zestimate^®

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$280/mo

Est. payment

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$280/mo

Est. payment

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What's special

Storefront spaceThree vacant unitsFlexible layout

This is a rare investment opportunity located in the heart of Cleveland’s Kellys neighborhood. The property is a mixed use triplex featuring three residential units and a ground floor storefront/commercial space but it needs a total gut renovation. Perfect for seasoned investors or contractors looking for a full scale rehab project with significant upside potential.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Gas, Hot Water, Steam

Cooling

None

Features

Basement: Unfinished

Property

Parking

Total spaces: 3
Parking features: Detached, Garage
Garage spaces: 2
Carport spaces: 1
Covered spaces: 3

Features

Levels: Two
Stories: 2

Lot

Size: 5,998 Square Feet

Details

Parcel number: 13709124

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Wood Siding
Roof: Composition

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Kelly

Location

Region: Cleveland

Financial & listing details

Tax assessed value: $50,500
Annual tax amount: $1,393
Date on market: 11/26/2024
Cumulative days on market: 234 days
Listing terms: Cash

Price history

Date	Event	Price
10/7/2025	Sold	$48,000-20%
Source: MLS Now #5087286 Report a problem
9/18/2025	Pending sale	$60,000
Source: MLS Now #5087286 Report a problem
9/6/2025	Price change	$60,000-36.8%
Source: MLS Now #5087286 Report a problem
7/5/2025	Pending sale	$95,000
Source: MLS Now #5087286 Report a problem
4/29/2025	Price change	$95,000-24.6%
Source: MLS Now #5087286 Report a problem
3/12/2025	Price change	$125,990-8.4%
Source: MLS Now #5087286 Report a problem
2/3/2025	Price change	$137,500-1.8%
Source: MLS Now #5087286 Report a problem
11/26/2024	Listed for sale	$140,000+9.8%
Source: MLS Now #5087286 Report a problem
4/1/2020	Sold	$127,500+507.1%
Source: Public Record Report a problem
10/3/2019	Sold	$21,000-80.9%
Source: Public Record Report a problem
5/3/2004	Sold	$110,000+214.3%
Source: Public Record Report a problem
10/15/1998	Sold	$35,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,829 +0.2%	$17,680
2024	$1,825 -59.1%	$17,680 +26.6%
2023	$4,457 +219.9%	$13,970
2022	$1,393 -0.3%	$13,970
2021	$1,397 +6%	$13,970 +10.3%
2020	$1,318 -28.6%	$12,670
2019	$1,846 +52.5%	$12,670
2018	$1,210 -51.8%	$12,670 +9.6%
2017	$2,510 +103%	$11,560
2016	$1,236 +5%	$11,560
2015	$1,177 -19.3%	$11,560 -19.8%
2014	$1,459	$14,420