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12414 Forest Grove Avenue
Cleveland, OH 44108
12414 Forest Grove AvenueCleveland, OH 44108 12414 Forest Grove Avenue Cleveland, OH 44108 $72,000
Property Description
Looking for your next deal? Well you've scrolled to the right one! Cash-flowing in the Glenville neighborhood- this 3bd/1ba rental will add immediate income to your portfolio. Long term tenants in place at $900/mos paying all utilities including water and sewer. Property meets 1% rent rule with room to increase offering built-in upside. Market rent $1200-1400 (CMHA $1683). Cap rate 10% and just meets 70% ARV. New furnace & ductwork (2025) plus 1-year home warranty for added protection. Professional property management in place, making this an ideal hands-off investment for new, seasoned, or out-of-state buyers. Located in a high demand rent area and less than 10 minutes from Cleveland's cultural and job hub- University Circle, where you'll find the Museum of Art, Natural History, CWRU, Cleveland Clinic Main Campus, and Univ. Hospital. Don't miss out on this easy win!
- Township Cleveland
- MLS ID 5184638
- School Cleveland Municipal - 1809
- Property type: Residential
- Bedrooms 3
- Bathrooms 1 Full
- Status Active
- Estimated Taxes $1,420
Additional Information
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Heating
ForcedAir
Cooling
None
Utilities
Sewer: PublicSewer
Water: Public
Roof
Asphalt,Shingle
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Approximate Lot Size
0.0762 Acres
Listing Courtesy of: Keller Williams Greater Metropolitan
Last updated: 02/02/2026 2:08:54 AM
