12301 Forest Avenue, Loveland, OH 44120 - Photo 1

1/1

$160,000

Sold
Closed
Duplex
6 Beds
2 Full Baths
2,004 Sq. Ft.
0.1061 Acres

1/1

Property Description

Discover an exceptional, fully occupied investment opportunity at 12301 Forest Ave! This turn-key duplex delivers strong cash flow from day one, featuring two updated units and long-term tenants already in place. The upstairs unit offers 4 bedrooms and 1 bath, currently rented at $1,200/month with a lease through July 31, 2026. The downstairs unit is a 2 bedroom, 1 bath rented at $1,000/month with a lease through May 31, 2026. Extensively renovated from top to bottom, this property boasts a new roof (2024), new hot water tanks (2024), new furnaces (2024), all-new plumbing, brand-new LVP flooring throughout, fresh interior paint, and two fully remodeled bathrooms-ensuring low maintenance for years to come. Located in the desirable Buckeye Shaker neighborhood, you're just steps from the Shaker Square Shopping Center, home to the Atlas Movie Theater, Dave's Market, cafés, and other popular amenities. Commuting is a breeze with quick access to downtown and major transportation routes. With monthly rents that shatter the 1% rule and a cap rate of approximately 17.6%, this is a cash-flow machine you don't want to miss. Contact your favorite Realtor today-this one won't last long!

Full Property Details

Full Property Details for 12301 Forest Ave

General

Sold For: $160,000
Taxes: $1,104 (2024)
Status: Closed
Type: Duplex
Source: 505
MLS ID: 5171727
Added to Site: 65 day(s) ago

Interior

Number of Rooms: 10

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 6

Parking

Parking Features: On Street

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Rice Heights
Driving Directions: From Shaker Square, head south on Moreland Blvd and turn right onto Buckeye Rd. Continue straight, then turn left onto East 123rd St. Follow to Forest Ave and turn right. Property will be on the left.

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, Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Construction: Frame
Basement: Yes
Basement Desc.: Full
Roof: Asphalt, Fiberglass
Square Feet: 2,004
Living Area: 2,004 Sq. Ft.
Finished Above Grnd: 2,004 Sq. Ft.
Year Built: 1918
Year Built Source: Public Records
Property Condition: Updated/Remodeled

Lot Features

Lot Size (Acres): 0.1061
Lot Size: .1061
Lot Size Source: Assessor

Financial Considerations

Tax Amount: $1,104
Tax Year: 2024

Disclosures and Reports

Legal Description: 437 RICEHTS 0188 ALL
Disclosures/Rstr.: Principal is Real Estate Licensed
Property ID: 129-20-041

Listed by Lokal Real Estate, LLC., Keyano Burgess
Sold by Howard Hanna, Robert L Rogers and Howard Hanna, Robert D Rogers

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Listing agent

— 12301 Forest Ave —

Keyano Burgess

Lokal Real Estate, LLC.

216-252-6580, marketing@lokalrealestate.com

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Schools

Schools serving 12301 Forest Ave

School District:Cleveland Municipal School District

Name	Grades	Distance
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120	PK-8	0.6 mi
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120	PK-8	0.8 mi
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105	PK-8	1.3 mi
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120	PK-8	1.4 mi
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105	PK-8	1.5 mi
Bolton 9803 Quebec Avenue, Cleveland, OH 44106	PK-8	1.6 mi
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104	PK-8	2.2 mi
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128	PK-8	2.2 mi
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105	PK-8	2.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12301 Forest Ave

Date

Details

Price

Change

Source

12/22/2025

Sold

$160,000

6.67%

MLS

11/12/2025

Listed

$150,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Sold

$140,000

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Duplex
Closed

4
Beds
2
Total Baths
1,408
Sq. Ft.

Listed by RE/MAX Traditions, James W Smekal
Sold by JAMM Real Estate Co., Jordan Marra

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Sold

$159,000

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Duplex
Closed

4
Beds
2
Total Baths
1,408
Sq. Ft.

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Sold

$165,000

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Duplex
Closed

6
Beds
3
Total Baths
1,283
Sq. Ft.

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Sold

$145,500

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Duplex
Closed
Updated 11 days ago

4
Beds
2
Total Baths
1,850
Sq. Ft.

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12301 Forest Avenue, Loveland, OH 44120 (MLS# 5171727) is a Duplex property that was sold at $160,000 on December 22, 2025. Want to learn more about 12301 Forest Avenue? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

12301 Forest Ave Loveland, OH 44120