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$127,000
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Property Description
Great investment option for someone who wants to start or just add to their portfolio. Recently updated double with both tenants paying $900 per month each. Two bedroom each and potential to increase to current rental market. New flooring and other updates recently done prior to current tenants moving in. Roof, furnaces and hot water tanks are about 6 years old. Most of the interior cosmetic repairs and updates were done less than one year ago.
Full Property Details
Full Property Details for 12523 Forest Ave
General
- Sold For: $127,000
- Taxes: $960 (2024)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5137593
- Added to Site: 94 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Basement
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: Off of E. 116th and S. Moreland Ave.
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: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 2,448
- Living Area: 2,448 Sq. Ft.
- Finished Above Grnd: 1,632 Sq. Ft.
- Finished Below Grnd: 816 Sq. Ft.
- Year Built: 1925
- Year Built Source: Public Records
Lot Features
- Property View: City
- Lot Size (Acres): 0.13
- Lot Size: .13
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $960
- Tax Year: 2024
- Terms: Cash, Conventional
- Owner Pays: Sewer, Taxes, Trash Collection, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Property ID: 129-20-029
Listed by Century 21 Homestar, Hortencia Swinderman
Sold by Keller Williams Greater Metropolitan, Shoshana Socher
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Schools
Schools serving 12523 Forest Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 0.7 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 0.9 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1.3 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | 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 | 1.7 mi |
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 2.2 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 2.3 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 12523 Forest Ave
Date
Details
Price
Change
Source
9/16/2025
Sold
$127,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12523 Forest Avenue, Loveland, OH 44120 (MLS# 5137593) is a Duplex property that was sold at $127,000 on September 16, 2025. Want to learn more about 12523 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.

