Great investment option for someone who wants to start or just add to their portfolio. Recently updated double with both tenants paying $900 per month each. Two bedroom each and potential to increase to current rental market. New flooring and other updates recently done prior to current tenants moving in. Roof, furnaces and hot water tanks are about 6 years old. Most of the interior cosmetic repairs and updates were done less than one year ago.
Closed
$127,000
12523 Forest Ave, Cleveland, OH 44120
4beds
2,448sqft
Duplex, Multi Family
Built in 1925
-- sqft lot
$131,000 Zestimate®
$52/sqft
$1,086 Estimated rent
Home value
$131,000
$121,000 - $143,000
$1,086/mo
Zestimate® history
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$941/mo
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New flooring
Zillow last checked:
Listing updated:
Listed by:
Hortencia Swinderman 440-789-6472 hortenciasells@gmail.com,
Century 21 Homestar
Bought with:
Shoshana Socher, 2006000982
Keller Williams Greater Metropolitan
Source: MLS Now,MLS#: 5137593
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Full
Interior area
- Total structure area: 2,448
- Total interior livable area: 2,448 sqft
- Finished area above ground: 1,632
- Finished area below ground: 816
Property
Parking
- Parking features: Driveway
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 12920029
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $41,000
- Annual tax amount: $960
- Date on market: 7/7/2025
- Cumulative days on market: 71 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Sold | $127,000+5.9%$52/sqft |
Source:  MLS Now #5137593 Report a problem | ||
| 7/10/2025 | Contingent | $119,900$49/sqft |
Source: MLS Now #5137593 Report a problem | ||
| 7/7/2025 | Listed for sale | $119,900+96.1%$49/sqft |
Source: MLS Now #5137593 Report a problem | ||
| 10/14/2022 | Sold | $61,150-5.9%$25/sqft |
Source: MLS Now #4403528 Report a problem | ||
| 10/3/2022 | Pending sale | $65,000$27/sqft |
Source: MLS Now #4403528 Report a problem | ||
| 9/26/2022 | Contingent | $65,000$27/sqft |
Source: MLS Now #4403528 Report a problem | ||
| 9/22/2022 | Listed for sale | $65,000$27/sqft |
Source: MLS Now #4403528 Report a problem | ||
| 9/15/2022 | Contingent | $65,000$27/sqft |
Source: MLS Now #4403528 Report a problem | ||
| 8/25/2022 | Listed for sale | $65,000+584.2%$27/sqft |
Source: MLS Now #4403528 Report a problem | ||
| 11/29/2007 | Sold | $9,500-72.6%$4/sqft |
Source: Public Record Report a problem | ||
| 10/16/2006 | Sold | $34,667-93.4%$14/sqft |
Source: Public Record Report a problem | ||
| 4/18/2003 | Sold | $527,500+1750.9%$215/sqft |
Source: Public Record Report a problem | ||
| 10/24/2002 | Sold | $28,500$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $961 +0% | $14,350 |
| 2024 | $960 +46.2% | $14,350 +69.4% |
| 2023 | $657 +0.6% | $8,470 |
| 2022 | $653 +0.9% | $8,470 |
| 2021 | $647 +1% | $8,470 +16.8% |
| 2020 | $640 +8% | $7,250 +0.1% |
| 2019 | $593 +0.3% | $7,240 -0.1% |
| 2018 | $591 -35.5% | $7,250 -33.2% |
| 2017 | $917 +0.8% | $10,850 |
| 2016 | $910 | $10,850 |
| 2015 | $910 -10.3% | $10,850 -9.9% |
| 2014 | $1,014 +1.7% | $12,040 |
| 2013 | $997 +2.9% | $12,040 |
| 2012 | $969 +826.6% | $12,040 -28.8% |
| 2011 | $105 -90% | $16,910 |
| 2010 | $1,044 +0.8% | $16,910 |
| 2009 | $1,036 -7.5% | $16,910 -12% |
| 2008 | $1,120 +3.3% | $19,220 |
| 2007 | $1,084 +2% | $19,220 |
| 2006 | $1,063 +5% | $19,220 +10.5% |
| 2005 | $1,013 +1.1% | $17,400 |
| 2004 | $1,002 +1.1% | $17,400 |
| 2003 | $991 +13.5% | $17,400 +12.5% |
| 2002 | $873 -42.3% | $15,470 |
| 2001 | $1,511 +4.5% | $15,470 |
| 2000 | $1,446 | $15,470 |
Find assessor info on the county website
Neighborhood: Buckeye Shaker
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Nearby schools
GreatSchools rating
- 3/10Harvey Rice Elementary SchoolGrades: PK-8,10Distance: 0.7 mi
- 3/10Sunbeam PreK-8 SchoolGrades: PK-8Distance: 0.9 mi
- 4/10Andrew J Rickoff SchoolGrades: PK-8Distance: 1.3 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$131,000
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Estimated market value
$131,000
- Ohio
- Cuyahoga County
- Cleveland
- 44120
- Buckeye Shaker
- 12523 Forest Ave
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