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$140,000 Just Listed
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Property Description
Investor opportunity! Don't miss this income-producing three-unit property featuring a front duplex and a separate single-family home at the rear of the lot. The lower unit in the duplex and the rear house are currently occupied, providing immediate rental income, while the vacant upper unit offers the perfect opportunity for an owner to place their own tenant or renovate for increased cash flow. This is an excellent value for a three-unit property in the area with strong upside potential. Whether you're looking to expand your rental portfolio or add value through leasing the vacant unit, this property offers flexibility and long-term investment potential. Property is being sold as-is.
Full Property Details
Full Property Details for 12113 Corlett Ave
General
- Price: $140,000
- Taxes: $2,332 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5224527
- Updated: 7/6/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 17
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Corlett
- Driving Directions: From I-480, take the Lee Rd exit and head north. Turn left onto Harvard Ave, then right onto E 121st St. Turn left onto Corlett Ave. The property will be on your right.
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 2
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 2,628
- Living Area: 2,628 Sq. Ft.
- Finished Above Grnd: 2,628 Sq. Ft.
- Year Built: 1924
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.2099
- Lot Size: .2099
- Lot Size Source: Assessor
- Fencing (Description): None
Financial Considerations
- Tax Amount: $2,332.22
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, Private Financing Available
- Owner Pays: Sewer, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 460 C&R 0033 ALL
- Property ID: 137-15-085
Listed by LPT Realty, Jad Sandi
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Schools
Schools serving 12113 Corlett Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
John Adams College & Career Academy 3817 Martin Luther King Junior Drive, Cleveland, OH 44105 | 9-12 | 0.2 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 0.3 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 0.6 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 10.1 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 3.2 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 3.3 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 3.3 mi |
Miles School 11918 Miles Avenue, Cleveland, OH 44105 | PK-8 | 0.8 mi |
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12113 Corlett Ave
Date
Details
Price
Change
Source
7/06/2026
Listed
$140,000
-17.2%
MLS
6/14/2021
Sold
$169,091
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12113 Corlett Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,274
—
$33,985
—
2024
$2,273
—
$33,990
52%
2023
$2,273
26%
$22,370
—
2022
$1,811
6%
$22,370
—
2021
$1,708
—
$22,370
16%
2020
$1,704
8%
$19,290
—
2019
$1,578
1%
$19,290
—
2018
$1,557
39%
$19,290
43%
2017
$1,124
1%
$13,450
—
2016
$1,116
—
$13,450
—
2015
$1,115
-15%
$13,450
-15%
2014
$1,309
1%
$15,820
—
2013
$1,294
—
$15,820
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12113 Corlett Ave
12113 Corlett Avenue, Loveland, OH 44105 (MLS# 5224527) is a Triplex property with 6 bedrooms and 3 full bathrooms. 12113 Corlett Avenue is currently listed for $140,000 and was received on July 06, 2026. Want to learn more about 12113 Corlett Avenue? Do you have questions about finding other Triplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

