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Backup Offers

12322 Imperial Ave, Cleveland, OH, 44120

$125,000

Home List Price

$1,484*

Closing Credit

4 Bedrooms
2 Full Baths
1,408 SqFt
$89/SqFt
Multi

Location

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12322 Imperial Ave, Cleveland$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1925
HeatingForced Air
CoolingNone
BasementYes
MLS #5074303
Lot Size0.10 Acres
StatusAccepting Backup Offers
(Contingent)

About 12322 Imperial Ave

Attention Investors!! Check out this duplex in the Buckeye-Shaker neighborhood. This lead-certified duplex has low-maintenance vinyl siding and windows, plus glass block windows throughout the common basement. Each unit features 2 bedrooms and 1 full bathroom, with ample off-street parking in the back. Currently, the down unit is vacant, but was earning $765/month. The Up unit is rented for $775, but the tenants will be moving out soon. CMHA (Sec8) could pay up to $1329 for each 2-bedroom unit. All mechanicals are in good working order and each unit has newer electrical panels. This property EASILY beats the 1% and 10-CAP Rules!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2
  • Living Area: 1,408 SqFt

Listing Office:

  • Office Name: Premier Heights Realty LLC
  • Office Email: sophie@premierheights.com
  • Listing Agent: Sophie Boehlen

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Take east 116 (MLK) to Imperial. Head East.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $89/SqFt

Tax Information:

  • Annual Amount: $735
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

Med. Sold Price

$164.2K

Med. Price/SqFt

$99

Avg. Days On Market

36

# of Sold Homes

719

12322 Imperial Ave vs Cleveland

35 DAYS ON ROCKET

-1 Day

$125,000

-$39.2K Less

$89/SqFt

-$11 Less

KEY TAKEAWAY

This property is $39.2K less than the Median Sold Price and $11/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5074303

Listing Office:

  • Office Name: Premier Heights Realty LLC
  • Office Email: sophie@premierheights.com
  • Listing Agent: Sophie Boehlen

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 06, 2013Home Sold
$14,000
Oct 23, 2012Home Sold
$14,000

Tax History

YEARPROP. TAXASSESSMENT
2020$735$8,440
2019$680$8,440
2018$678$8,440
2017$1,153$13,830

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-65965
3
/10
  • Phoenix Village Academy Primary 2

  • 12601 Shaker Blvd

  • 0.82 miles

  • Public Charter Grades 3-6

school-card-donut-65966
4
/10
  • Boulevard Elementary School

  • 14900 Drexmore Rd

  • 1.15 miles

  • Public District Grades KG-4

school-card-donut-65967
5
/10
  • Onaway Elementary School

  • 3115 Woodbury Rd

  • 1.23 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,938. The majority of Cleveland, OH residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Ohio›Cuyahoga County›Cleveland›44120›12322 Imperial Ave

This home is located at 12322 Imperial Ave in Cleveland, OH and zip code 44120 in the Woodhill Park neighborhood. This 1,408 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $125,000.

Cleveland, OH housing market in October 2024 saw over 275 listings sold above listed price, more than 110 sold at listed price and over 333 sold below. The number of listings in Cleveland, OH increased by 4.7% between September 2024 and October 2024. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $164,291.

From Rocket Homes Real Estate and based on county public records data.

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