BEDS3
BATHS1 full
SQUARE FEET1,120
MLS#5247264
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMartin Dodge Sub
SCHOOLCleveland Municipal - 1809
Property Description
Attention investors! Positioned in a highly desirable Cleveland location near University Circle and Little Italy, this 3 bedroom, 1 bath Colonial offers investors an opportunity to add a solid rental property to their portfolio. The property features a functional layout with three bedrooms, providing strong appeal to long term tenants in an area supported by major institutions, employment centers, dining, shopping, entertainment and new development. Fresh paint and new floors throughout. A key investment advantage is the potential rental income. Based on current Section 8 rental guidelines, the property has potential monthly rental income of approximately $2,113 (20% ROI), providing an attractive opportunity for investors seeking strong rental demand and dependable cash flow. With its proximity to University Circle, Little Italy, hospitals, universities, museums, and other major Cleveland amenities, this property offers both location and income potential. Whether you're expanding an existing portfolio or looking for your next rental acquisition, this Colonial presents an opportunity to capitalize on a desirable rental market with significant tenant demand. Schedule your walkthrough today!
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.06 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $579 / year
Year Built: 1900
Feature Descriptions
Days on Site: 6
Exterior: Vinyl Siding
Parcel#: 120-14-020
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: RE/MAX Above & Beyond
Agency Contact: adamesarmani.aa@gmail.com, 216-370-8550
Shown By
Agent Name: Traci Skipper
Agent Phone: Cell: (330) 418-6964
Agency Title: DeHOFF REALTORS
Estimate Your Payment
Estimated Payment
$ 589.82 per month $508.03 Principal & Interest $48.25 Property Tax $33.54 Homeowner's Insurance
12344 Ashbury Avenue | MLS# 5247264
This single family home located at 12344 Ashbury Avenue, Cleveland, OH 44106 is currently listed for sale with an asking price of $115,000. This property was built in 1900 and has 3 bedrooms and 1 full baths with 1120 sq. ft. Ashbury Avenue is located in the Martin Dodge Sub subdivision within the Cleveland Municipal - 1809 school district. Search Martin Dodge Sub real estate on tskipper.dehoff.com today.