12718 Lorain Avenue Cleveland, OH ^$ 249,000

12718 Lorain Avenue

^$ 249,000

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12718 Lorain Avenue

Cleveland, OH, 44111

^$ 249,000

Bedrooms4 Baths4.0

Monthly Estimate*

^$ 1,491

12718 Lorain Avenue, Cleveland, OH 44111 - Image 1

12718 Lorain Avenue, Cleveland, OH 44111 - Image 2

12718 Lorain Avenue, Cleveland, OH 44111 - Image 3

12718 Lorain Avenue, Cleveland, OH 44111 - Image 4

Multi-Family Home for sale in Cleveland, OH

for $249,000 with 4 bedrooms and 4 full baths. This home was built in 1925 on a lot size of 0.0813.

Welcome to 12718 Lorain Ave, a beautifully renovated multi-unit building that offers both comfort and convenience. This property features three fully occupied units, making it an excellent investment opportunity. Each unit has been freshly painted, showcasing modern finishes and a welcoming atmosphere. Enjoy the added benefit of an easement on the driveway, providing easy access for residents and guests alike. With its prime location and well-maintained interiors, this building is ready for you to step in and enjoy immediate rental income. Don’t miss out on this fantastic opportunity—schedule your showing today!

Multi-Family Active

Price

^$ 249,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,262

Style

Lot Size

0.0813

Year Built

1925

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5082360

Features

General

Sewer PublicSewer

Heating HotWater Steam

Cooling None

Possession DeliveryOfDeed

Roof Composition

Construction Materials Brick

Year Built 1925

Stories 2

Township Cleveland

Levels Two

Property Subtype Triplex

Tax Year 2023

County Cuyahoga

New Construction N

Property Type ResidentialIncome

HOA N

Attached Garage N

Subdivision Name Lenox Park

Garage Y/N N

Full Baths 4

Status Active

Directions on lorain ave

City Cleveland

Senior Community Y/N N

High School District Cleveland Municipal - 1809

Lot Size Units Acres

Waterfront Y/N N

Carport Y/N N

Electric On Property Y/N N

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 3262.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Living Area Units SquareFeet

Standard Status Active

Middle/Junior School District Cleveland Municipal - 1809

Elementary School District Cleveland Municipal - 1809

Year Built Source PublicRecords

Property Sub Type Additional Triplex

Legal Description 11 LENOXPK 0621 ALL

Interior

Basement Full

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Half Baths 0

Total Bedrooms 4

Main Level Bathrooms 0

Total Baths 4

Exterior

Parking Features Asphalt

Water Source Public

Lot Size Area 0.0813

Number of Buildings 1

Spa N

Lot Size Acres 0.0813

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 12718

* Excluded Features

List By

Izzeldin Izheman

Listing Agent

Re/Max Omega

Broker

iz_dean@hotmail.com

Affordability Calculator

$1,763

Per Month

Monthly Principal & Interest: $1,491
Monthly Property Taxes: $272
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cleveland, OH

Average List Price ^$153,811

Percent of Sale Price 38%

About Cleveland, OH

372,504 Population

-22% Since 2002

^$27,719 Median Income

37.02 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457612 Elementary School

4457721 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/3/2024	$249,000		Listed Price

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12718 Lorain Avenue, Cleveland, OH, 44111 is a Multi-Family Home for sale at $249,000 with a lot size of 0.0813. 12718 Lorain Avenue has 4 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 44111 which is in Cleveland, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/2/2025.

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12718 Lorain Avenue

Multi-Family Home for sale in Cleveland, OH

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