$72,000

12414 Forest Grove Avenue, Cleveland, OH 44108

3 beds |
1 bath |
1,172 sqft

Single-Family Home
Built in 1914
3,319sqft lot
1 car garage
$61/sqft
Listed 12 days ago

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!

Listing Status:: Active
Data Last Updated:: February 14, 2026 at 7:18AM
Listing Office:: Keller Williams Greater Metropolitan : 216-839-5500
Listing Agent:: Athena T Nimmer : 216-312-5959
MLS ID:: 5184638

Basement: Unfinished
A/C: None
Heating: Forced Air
Fireplace: Fireplaces: 1

Style: Colonial
Parking: DetachedGarage

Roofing: AsphaltShingle
General: Aluminum SidingVinyl Siding2

Originating MLS: NOWDD_NORM
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: PARCEL "A" - AFN 201712220717 OL 380 FF 80.00 D 87.71 AC 0.1549 2018 S/R110-24-088

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Athena T Nimmer , Keller Williams Greater Metropolitan

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Patrick Henry School

11901 Durant Ave, Cleveland, OH, 44108

Grades PK-8

0.36 miles away

Patrick Henry School

11901 Durant Ave, Cleveland, OH, 44108

Grades PK-8

0.36 miles away

Glenville High School

650 E 113th St, Cleveland, OH, 44108

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.