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    12329 Fairport Ave Cleveland, OH 44108

    Under Contract
    For Sale
    $105,000

    multifamily - CLEVELAND, OH

    Property size:
    3,264 SF
    Lot size:
    0.11 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 12329 Fairport Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    2
    Interior features
    LAUNDRY: IN BASEMENT
    Size
    3,264 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Roof type
    Asphalt
    Architectural style
    Other

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Christopher Frederick (440) 777-8500

    Listing date Nov 18, 2025

    MLS# 5155657 Listing URL

    Copyright © 2025 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleveland Duplex: Investment Opportunity

    This two-family home in Cleveland, OH, presents an investment opportunity. Each of the two units features a layout with two large bedrooms, a full bath, and a comfortable kitchen. The family room could be converted into a spacious third bedroom to maximize rental potential, as shown in the uploaded floor plan. The inviting living rooms feature hardwood floors, a decorative fireplace, and crown molding, flowing into oval-shaped formal dining rooms with cove ceilings. The property also includes a large, open basement with solid construction and oversized glass block windows. Key updates include high-efficiency furnaces, newer electrical panels, and a 2022 hot water tank. The roof appears to have half of its life remaining. Energy-efficient vinyl windows and newer exterior doors enhance comfort and cost savings. Fresh exterior paint adds to the curb appeal. The property has good parking and is located on a quiet street with low traffic. The property is tenant-occupied. The lot size is 0.11 acres, and the property size is 3264 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6006643
    Latitude
    41.5317635

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with potential for increased rental income.
    Where is this duplex located?
    The property is located at 12329 Fairport Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: - Income-producing duplex with potential to convert family rooms into 3rd bedrooms for increased rental income.; - Well-maintained property with key updates: high-efficiency furnaces, newer electrical panels, and a 2022 hot water tank.; - Spacious units featuring two large bedrooms, full bath, comfortable kitchen, and inviting living rooms with hardwood floors and decorative fireplaces.
    (440) 777-8500
    Request Owner's contact information
    12329 Fairport Ave Cleveland, OH 44108
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    Cleveland, OH 44108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12329 Fairport Ave Cleveland, OH 44108
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