12804 Imperial Avenue, Cleveland, OH 44120
Local realty services provided by:ERA Real Solutions Realty
Listed by:leilani m bowersock
Office:coldwell banker schmidt realty
MLS#:5119526
Source:OH_NORMLS
Price summary
- Price:$150,000
- Price per sq. ft.:$56.24
About this home
Turn-Key Triplex Investment! Welcome to 12804 Imperial Avenue, a fully turn-key triplex offering excellent cash flow and minimal maintenance from day one. This asset has been extensively renovated and top level is primed to pass Section 8 inspection—making it ideal for investors seeking reliable, stable income! Down unit recently vacated.
Recent updates include a complete exterior and interior scrape and fresh paint, and the property has passed city lead inspection (lead-safe certificate expected in ~3 months). Inside, you'll find new LVP flooring and carpet throughout, along with some windows replaced—with the remainder in full working order. Full list of 36-itemized scope of work completed during the current ownership's rehab in MLS supplements.
The unit mix includes:
Two 2 bed / 1 bath units with dining room, living room and private porches!
One 1 bed / 1 bath third-floor unit! All units have private entrances! Long driveway with ample parking, partially fenced in backyard!
Rental Breakdown:
Unit 1 vacant, was renting at $1K sec 8.
Second 2-bed unit: CASH $925
The third level is ready to go with a 1-bed unit is recommended to rent for $600/month to a cash-paying tenant or more with sec 8. Projected gross rent fully leased: $2,600/month, offering an impressive 18–21% cash-on-cash return.
Roof 2016, hot water tanks and furnaces within last 5 years.
This is a rare opportunity to acquire a high-yield, with all the heavy lifting already done. Close to parks, recreation, restaurants, freeway access, hospitals, shopping and more! Contact listing agent today for your private tour or with questions!
Contact an agent
Home facts
- Year built:1925
- Listing ID #:5119526
- Added:151 day(s) ago
- Updated:October 01, 2025 at 07:18 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,667 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1925
- Building area:2,667 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$56.24
- Tax amount:$654 (2023)
New listings near 12804 Imperial Avenue
- New
$159,900Active8 beds 3 baths4,920 sq. ft.11419 Durant Avenue, Cleveland, OH 44108
MLS# 5160052Listed by: PLUM TREE REALTY, LLC - New
$165,000Active3 beds 1 baths4492 W 170th Street, Cleveland, OH 44135
MLS# 5160814Listed by: REALUXE OHIO - New
$155,000Active4 beds 2 baths3229 E 121st Street, Cleveland, OH 44120
MLS# 5160803Listed by: KELLER WILLIAMS GREATER METROPOLITAN - New
$175,000Active6 beds 2 baths2,306 sq. ft.3445 Martin Luther King Jr Drive, Cleveland, OH 44104
MLS# 5161043Listed by: PLUM TREE REALTY, LLC - New
$119,900Active4 beds 2 baths2,128 sq. ft.3599 W 129th Street, Cleveland, OH 44111
MLS# 5160110Listed by: ON TARGET REALTY, INC. - New
$159,900Active4 beds 1 baths12512 Mcgowan Avenue, Cleveland, OH 44135
MLS# 5160797Listed by: REALUXE OHIO - New
$125,000Active4 beds 2 baths3,016 sq. ft.417 Arbor Road, Cleveland, OH 44108
MLS# 5160128Listed by: KELLER WILLIAMS CHERVENIC RLTY - New
$164,999Active3 beds 1 baths1,254 sq. ft.4311 Woodway Avenue, Cleveland, OH 44134
MLS# 5160780Listed by: EXP REALTY, LLC. - New
$130,000Active3 beds 2 baths1,956 sq. ft.3278 E 140th Street, Cleveland, OH 44120
MLS# 5160856Listed by: BEYCOME BROKERAGE REALTY LLC - New
$210,000Active3 beds 2 baths902 Colonel Drive, Cleveland, OH 44109
MLS# 5160747Listed by: EXP REALTY, LLC.
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.