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Home for Sale at 12414 Forest Grove Avenue in Cleveland, OH for $72,000

Listing data last changed 02/02/2026 - 7:08am
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12414 Forest Grove Avenue | Cleveland

$72,000 | 3 Beds | 1 Baths (1 Full) | 1,172 Sq. Ft.

Looking for your next deal? Well you\u0027ve scrolled to the right one! Cash-flowing in the Glenville neighborhood- this 3bd/1ba rental will add immediate income to your portfolio. Long term tenants in place at $900/mos paying all utilities including water and sewer. Property meets 1% rent rule with room to increase offering built-in upside. Market rent $1200-1400 (CMHA $1683). Cap rate 10% and just meets 70% ARV. New furnace \u0026 ductwork (2025) plus 1-year home warranty for added protection. Professional property management in place, making this an ideal hands-off investment for new, seasoned, or out-of-state buyers. Located in a high demand rent area and less than 10 minutes from Cleveland\u0027s cultural and job hub- University Circle, where you\u0027ll find the Museum of Art, Natural History, CWRU, Cleveland Clinic Main Campus, and Univ. Hospital. Don\u0027t miss out on this easy win! MLSNow 5184638 Directions to property: E 123rd to Forest Grove Ave. GPS for accuracy.

MLS Listing ID: 
MLSNow 5184638
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$72,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Cleveland
Address: 
12414 Forest Grove Avenue, Cleveland, OH 44108
County: 
Cuyahoga
Latitude: 
41.5290720
Longitude: 
-81.5995360
Directions: 
E 123rd to Forest Grove Ave. GPS for accuracy.
Public Remarks: 
Looking for your next deal? Well you\u0027ve scrolled to the right one! Cash-flowing in the Glenville neighborhood- this 3bd/1ba rental will add immediate income to your portfolio. Long term tenants in place at $900/mos paying all utilities including water and sewer. Property meets 1% rent rule with room to increase offering built-in upside. Market rent $1200-1400 (CMHA $1683). Cap rate 10% and just meets 70% ARV. New furnace \u0026 ductwork (2025) plus 1-year home warranty for added protection. Professional property management in place, making this an ideal hands-off investment for new, seasoned, or out-of-state buyers. Located in a high demand rent area and less than 10 minutes from Cleveland\u0027s cultural and job hub- University Circle, where you\u0027ll find the Museum of Art, Natural History, CWRU, Cleveland Clinic Main Campus, and Univ. Hospital. Don\u0027t miss out on this easy win!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Elworthy-Helwick Companys Bun
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1914
Living Area: 
1,172
Basement: 
Unfinished
Construction
Construction Materials: 
Aluminum Siding,Vinyl Siding
Roof: 
Asphalt,Shingle
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.08
Lot Size (Area): 
0.08
Lot Features
Parking Type: 
Detached,Garage
Public Record
Parcel Number: 
110-24-088
Annual Tax: 
$1,420.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Greater Metropolitan

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