Updated Duplex with Unfinished
For Sale
$175,000
12021 Forest Avenue, Cleveland, OH 44120
One unit is vacant, while the second has a long-term Section 8 tenant.
Property SizeContact for details
Days on Market11
Property Features for 12021 Forest Avenue
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
1920
Listing Agency:
Glasshouse Realty Group, LLC
Listed By:
Brian Evans · License #2019003723
(216) 282-5075
Source:
Carletonrealty
Added: Sep 28
Changed: Oct 4
Last Checked: Oct 7 at 9:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Glasshouse Realty Group, LLC
Investment Insights
Based on property information with market context.
This duplex, built in 1920, has two separate units. The vacant unit has fresh interior paint, original hardwood floors, updated lighting and vinyl windows. The second unit is occupied by a long-term Section 8 tenant. An unfinished basement provides additional space, and both water heaters are less than 10 years old; one was replaced in June 2024.
The property sits along public transit and bus lines, with Cleveland Clinic’s main campus three miles away. University Circle, dining and shopping are also nearby.
The property sits along public transit and bus lines, with Cleveland Clinic’s main campus three miles away. University Circle, dining and shopping are also nearby.
Key Highlights
- Two‑unit duplex built in 1920
- One unit is vacant and ready for occupancy
- Second unit has a long‑term Section 8 tenant
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
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Business Placement
Demographics for 44120, OH
34,611
Population
20,583
Households
1.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,656
Density / Sq Mi
$46,326
Median Household Income
$36,549
Median Earnings
$890
Median Rent
$115,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - One unit is vacant, while the second has a long-term Section 8 tenant.
Where is this duplex located?
The property is located at 12021 Forest Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1920; One unit is vacant and ready for occupancy; Second unit has a long‑term Section 8 tenant
