12402 Benwood Avenue, Cleveland, OH 44105

$111,000
6
BD
3
BA
3,050
SqFt

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Sold Price
$111,000
List Price
$126,800
Status
CLOSED
Stories
2
MLS#
5100235
Year Built
1926
Closing Date
Jun 09, 2025
Bedrooms
6
Bathrooms
3
Half-baths
1
Living Area
3,050
Region
Cleveland
Township
Cleveland
Subdivision / Building
Frisbie Realty Companys Propo

Property Description

Discover an extraordinary investment opportunity in Cleveland's dynamic landscape - a Professional Property Management maintained multi-family residence that offers both comfort and compelling returns. This spacious duplex encompasses 2,042 square feet of thoughtfully designed living space, featuring two generously proportioned three-bedroom units that cater to modern living expectations. The lower unit currently generates $925 monthly, with significant potential for increased rental income with a lease ending 1/31/26. The upper unit will be delivered vacant, offering investors immediate flexibility or presenting an attractive owner-occupant scenario with built-in rental income. Each unit boasts three well-appointed bedrooms and showcases private porches, perfect for morning coffee or evening relaxation. Situated in a neighborhood rich with amenities, residents enjoy convenient access to educational institutions, public transportation, and essential services. The John Adams College & Career Academy is within walking distance, while nearby bus stations ensure seamless connectivity throughout Cleveland. Daily conveniences are well-catered for, with ALDI supermarket just minutes away, and recreational opportunities abound at Youth Outdoors Cleveland.Whether viewed as a pure investment vehicle or a clever owner-occupant strategy, this property represents a compelling opportunity in Cleveland's real estate market. The combination of stable current income, potential for appreciation through strategic improvements, and the property's prime location creates an attractive value proposition for astute buyers seeking both immediate returns and long-term growth potential

Additional Information

Taxes
$2,294
Acres
0.11
Sewer
Public Sewer
View
City, Neighborhood
Exterior Features
Private Entrance
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Brandi Peyatt, mbrandi001@gmail.com With Russell Real Estate Services

Selling Office: Keller Williams Greater Metropolitan.

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