12817 Lena AVE Cleveland, OH 44135
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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 696 sqft
Price per Sqft $150
Subdivision Homesite
MLS Listing ID 5218901
Style Ranch
Bedrooms 2
Full Baths 1
Construction Status Fixer
HOA Y/N No
Abv Grd Liv Area 696
Year Built 1949
Annual Tax Amount $1,640
Tax Year 2025
Lot Size 6,242 Sqft
Acres 0.1433
Property Sub-Type Single Family Residence
Stories One
Story One
Property Description
Strong bones, low scope, and a Cleveland rental market that keeps delivering. This property is one of seven offered as part of a semi value-add portfolio, giving investors the rare chance to scale quickly without piecing together deals one at a time.
A newer roof is already in place, so your capital goes toward the updates that actually move the needle on rents, not emergency repairs. The work left is straightforward. Get in, make the right improvements, and let the demand in this market do the rest.
Cleveland single family rentals at this price point are some of the best performing assets in the Midwest right now. Tenants are not hard to find here. The fundamentals are sound and the entry point makes it easy to pencil.
Whether you acquire the full portfolio or select individual properties, this is the kind of deal that doesn't require a miracle to make the numbers work. Come with your contractor and your calculator.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Drive Through, Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Construction Status Fixer
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 020-09-126
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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