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$42,005   Price Analysis
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12316 Gay Ave
Cleveland, OH 44105
4 bed 2 bath 1,812 SqFt ($23/SqFt)
5,841SqFt lot. Built 1924
Listed 2023-11-03, Taxes $1,163
Ⓧ USDA Ineligible
due to location

near Cleveland

This duplex is located near John Adams high school and not too far from Marymount Hospital in Garfield Park reservation.

* No Longer For Sale *
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The lower unit is 2bed / 1bath occupied at $550/mo and will havr a good handful if new windows nstalled before closing. The upstairs is currently 1bed / 1ba and could be combined with the attic once finished out to add another 1-2 bedrooms.

This property sits on a large corner lot with a private backyard and a two car garage. Both units do require some work and are occupied below market rent offering the new owner multiple value add strategies.


Presented by The EZ Sales Team at
Keller Williams Citywide.
Listing Agent Photo

Property MLS #4501075 from MLSNOW

Bedrooms: 4

Total Rooms: 8

Total Bathrooms: 2
Full Bathrooms: 2

Range
Refrigerator

Heating Features: ForcedAir, Gas
Heating: Yes

Lot Size Acres: 0.1341
Lot Size Source: Assessor
Lot Size Square Feet: 5841

Parking Features: Paved

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2

Elementary School District: Cleveland Municipal - 1809
High School District: Cleveland Municipal - 1809
Middle or Junior School District: Cleveland Municipal - 1809

Thomas Jefferson School is a public elementary, middle and high school located approximately 6.3 miles away.
directions icon Map directions

Archbishop Lyke-St Timothy Campus is a private elementary and middle school located approximately 1.1 miles away.
directions icon Map directions

Tenant Pays: Electricity, Gas

Source Listing Status: Closed
County: Cuyahoga
Directions: The corner of Gay and East 1/24
Source Property Type: ResidentialIncome
Source Neighborhood: Southerly Line/Gay Ave
Owner Pays: Sewer, TrashCollection, Water
Parcel Number: 137-15-059
Subdivision: Southerly Line/Gay Ave
Township: Cleveland
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$12,360 + $2,730
$15,090
$1,163
2021$12,360 + $2,730
$15,090
$1,152
2020$10,640 + $2,350
$12,990
$1,147
2019$10,640 + $2,350
$12,990
$1,062
2018$10,640 + $2,350
$12,990
$1,059
2017$9,630 + $2,210
$11,840
$1,001
2016$9,630 + $2,210
$11,840
$993
2015$9,630 + $2,210
$11,840
$992
2014$9,630 + $2,210
$11,840
$991
2013$9,630 + $2,210
$11,840
$980
2012$17,640 + $5,220
$22,860
$952
2012$9,630 + $2,210
$11,840
$952
2010$17,640 + $5,220
$22,860
$1,411
2009$17,640 + $5,220
$22,860
$1,400
2008$20,055 + $5,915
$25,970
$1,514
2007$20,060 + $5,920
$25,980
$1,465

Sold 2024-05-28
$32,500
MLSNOW
Relisted 2024-05-08
$42,005
MLSNOW
Listing removed 2024-05-01
$50,000
MLSNOW
Listed 2023-11-03
$50,000
MLSNOW
Listing removed 2023-09-07
$0
AppfolioUnits
Listing removed 2023-09-07
$0
TenantTurner
Listed for rent 2023-07-09
$550
TenantTurner
Listed for rent 2023-07-06
$550
AppfolioUnits
Sold 2020-11-30
$47,500
MLSNOW
Sold 2020-08-26
$47,500
Public Record

Total Square Feet Living: 1812
Year Built: 1924
Above Grade Finished Area: 1812
Living Area Units: SquareFeet
Property Age: 100
Roof: Asphalt, Fiberglass

Sewer: PublicSewer
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.