12344 Ashbury AVE, Cleveland, OH 44106
12344 Ashbury AVE, Cleveland, OH 44106
12344 Ashbury AVE, Cleveland, OH 44106
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$115,000
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3 Beds
1 Bath
1,120 SqFt
New

12344 Ashbury AVE Cleveland, OH 44106

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,120 sqft

Price per Sqft $102

Subdivision Martin Dodge Sub

MLS Listing ID 5247264

Style Colonial

Bedrooms 3

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,120

Year Built 1900

Annual Tax Amount $579

Tax Year 2025

Lot Size 2,548 Sqft

Acres 0.0585

Property Sub-Type Single Family Residence

Property Description

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!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 120-14-020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Armani Adames • RE/MAX Above & Beyond • adamesarmani.aa@gmail.com, 216-370-8550

NEARBY SCHOOL & BUSINESS

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Daniel Somerville

Daniel Somerville

Team Leader License ID: SAL.2015004291

+1(330) 475-8118

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12344 Ashbury AVE