12344 Ashbury Avenue, Cleveland, OH 44106
Local realty services provided by:CENTURY 21 Bolte Real Estate
Listed by: armani adames
Office: re/max above & beyond
MLS#:5247264
Source:OH_NORMLS
Price summary
- Price:$115,000
- Price per sq. ft.:$102.68
About this home
Attention investors! Positioned in a highly desirable Cleveland location near University Circle and Little Italy, this 3 bedroom, 1 bath Colonial offers investors an opportunity to add a solid rental property to their portfolio. The property features a functional layout with three bedrooms, providing strong appeal to long term tenants in an area supported by major institutions, employment centers, dining, shopping, entertainment and new development. Fresh paint and new floors throughout. A key investment advantage is the potential rental income. Based on current Section 8 rental guidelines, the property has potential monthly rental income of approximately $2,113 (20% ROI), providing an attractive opportunity for investors seeking strong rental demand and dependable cash flow. With its proximity to University Circle, Little Italy, hospitals, universities, museums, and other major Cleveland amenities, this property offers both location and income potential. Whether you’re expanding an existing portfolio or looking for your next rental acquisition, this Colonial presents an opportunity to capitalize on a desirable rental market with significant tenant demand. Schedule your walkthrough today!...
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Home facts
- Year built:1900
- Subdivision & Development:Martin Dodge Sub
- Listing ID #:5247264
- Added:1 day(s) ago
- Updated:October 02, 2026 at 08:48 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:1,120 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Building area:1,120 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Colonial
- Construction Materials:Vinyl Siding
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$115,000
- Price per sq. ft.:$102.68
- Tax amount:$579 (2025)
Parking
- Parking description:Driveway
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