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$118,000
4 Beds 2 Baths 5104972 MLS
Investment Opportunity in Cleveland, OH! Welcome to 12709 Locke Ave, Cleveland, OH 44108 — a fantastic duplex offering incredible cash flow potential! Located in Cleveland's Glenville neighborhood, this area is part of a $10 million Cleveland Land Bank Revitalization program that supports home construction and renovations. This spacious 2,315 sq. ft. property features two well-maintained units, each with 2 bedrooms and 1 bathroom. With updated plumbing and electrical systems, a brand new hot water tank, and fresh paint throughout both units, this property is truly move-in ready. The income potential here is outstanding. The downstairs unit already has a tenant moving in on April 1, 2025, at $800 per month on a month-to-month lease. The upstairs unit is currently vacant, and the Section 8 average rent for this zip code is $1,129 per month. With both units rented, this property easily exceeds the coveted 1% rule — approaching a 1.5% monthly return on your investment! Don’t miss out on this high-performing asset in a growing Cleveland neighborhood. Schedule your showing today and start building your portfolio with this income-generating gem! For more details or to arrange a viewing, contact your favorite realtor today!

12709 Locke Avenue, Cleveland

Listing Courtesy of: Keyano Burgess, keyano.realtor@keysoldit.com With Lokal Real Estate, LLC.

Selling Office: Coldwell Banker Schmidt Realty.

$90,000
3 Beds 1 Baths 4489769 MLS
Solid investment property with updates throughout! The large colonial single family features a spacious interior with newer flooring and paint throughout, updated electrical panel and newer furnace and hot water tank! Main floor has living room, dining room w/ French door to rear deck and updated kitchen! Upstairs are all 3 bedrooms and renovated full bathroom. Plus there is central air, covered front porch, full basement and driveway for off-street parking. Rent ready and slated for section 8 at $1,250/month (CMHA packet submitted, awaiting rent determination) - owner to pay water/sewer. Located with easy access to highway and public transit, close to shopping and more! Schedule a showing to see this great opportunity in person!

12606 Taft Avenue, Cleveland

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

Selling Office: Keller Williams Greater Metropolitan.

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