12402 Benwood AVE Cleveland, OH 44105
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,050 sqft
Price per Sqft $41
Subdivision Frisbie Realty Companys Propo
MLS Listing ID 5100235
Bedrooms 6
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,042
Total Fin. Sqft 3050
Year Built 1926
Annual Tax Amount $2,294
Tax Year 2024
Lot Size 4,717 Sqft
Acres 0.1083
Property Sub-Type Duplex
Property Description
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
Location
State OH
County Cuyahoga
Rooms
Basement Full, Storage Space, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area, In Basement, Lower Level
Exterior
Exterior Feature Private Entrance
Parking Features Common, Driveway, Off Street
Fence None
View Y/N Yes
Water Access Desc Public
View City, Neighborhood
Roof Type Asphalt,Fiberglass
Garage false
Private Pool No
Building
Lot Description Back Yard, City Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 138-03-075
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan