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$145,000
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Property Description
Turn-Key Triplex Investment! Welcome to 12804 Imperial Avenue, a fully turn-key triplex offering excellent cash flow and minimal maintenance from day one. This asset has been extensively renovated and top level is primed to pass Section 8 inspection-making it ideal for investors seeking reliable, stable income! Down unit recently vacated. Recent updates include a complete exterior and interior scrape and fresh paint, and the property has passed city lead inspection (lead-safe certificate expected in ~3 months). Inside, you'll find new LVP flooring and carpet throughout, along with some windows replaced-with the remainder in full working order. Full list of 36-itemized scope of work completed during the current ownership's rehab in MLS supplements. The unit mix includes: Two 2 bed / 1 bath units with dining room, living room and private porches! One 1 bed / 1 bath third-floor unit! All units have private entrances! Long driveway with ample parking, partially fenced in backyard! Rental Breakdown: Unit 1 vacant, was renting at $1K sec 8. Second 2-bed unit: CASH $925 The third level is ready to go with a 1-bed unit is recommended to rent for $600/month to a cash-paying tenant or more with sec 8. Projected gross rent fully leased: $2,600/month, offering an impressive 18-21% cash-on-cash return. Roof 2016, hot water tanks and furnaces within last 5 years. This is a rare opportunity to acquire a high-yield, with all the heavy lifting already done. Close to parks, recreation, restaurants, freeway access, hospitals, shopping and more! Contact listing agent today for your private tour or with questions!
Full Property Details
Full Property Details for 12804 Imperial Ave
General
- Sold For: $145,000
- Taxes: $654 (2023)
- Status: Closed
- Type: Triplex
- Source: 505
- MLS ID: 5119526
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 15
- Appliances: Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Exterior
- Exterior Features: Balcony, Other
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Woodhill Park Sands Allotment
- Driving Directions: From Shaker Blvd, head South on E 114th, turn left onto Imperial Ave. Property 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: 1
- Construction: See Remarks
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 3
- Square Feet: 2,667
- Living Area: 2,667 Sq. Ft.
- Finished Above Grnd: 2,667 Sq. Ft.
- Year Built: 1925
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.0937
- Lot Size: .0937
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $654
- Tax Year: 2023
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
- Owner Pays: Sewer, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 437 SANDA 0212 ALL
- Property ID: 129-29-137
Listed by Coldwell Banker Schmidt Realty, Leilani M Bowersock
Sold by Keller Williams Greater Metropolitan, Justin Duffey
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Schools
Schools serving 12804 Imperial Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 1.1 mi |
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 1.1 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 1.1 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 1.3 mi |
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 1.8 mi |
Bolton 9803 Quebec Avenue, Cleveland, OH 44106 | PK-8 | 2 mi |
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105 | PK-8 | 2.3 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 2.4 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 12804 Imperial Ave
Date
Details
Price
Change
Source
10/29/2025
Sold
$145,000
-3.33%
MLS
10/16/2025
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.
12804 Imperial Avenue, Loveland, OH 44120 (MLS# 5119526) is a Triplex property that was sold at $145,000 on October 29, 2025. Want to learn more about 12804 Imperial 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.

